Yellen Partners, LLC, a financial services, asset management, auctioneer and appraisal firm, announced that Rick Rosenbloom will join Yellen Partners as senior vice president overseeing the firm’s retail and wholesale auction and appraisal operations in the U.S. and Canada.

In his new role, Rosenbloom will primarily focus on sourcing retail store closings, machinery and industrial auctions and liquidations, and new opportunities for the acquisition and disposition of excess inventory, in addition to retail, consumer inventory, and machinery and equipment appraisals. Based in New York City, Rosenbloom will concurrently operate Fuel Break Capital Partners, LLC, a Connecticut-based firm focused on sourcing special situations debt and equity investment opportunities for private equity firms and hedge funds.

“Rick is a proven and successful dealmaker who is well respected in our industry,” said Harvey M. Yellen, chairman and CEO of Yellen Partners. “We’re proud to add his accomplished track record and expertise to our management team that will enable us to continue to grow our business in the U.S. and abroad.”

Rosenbloom brings more than 20 years of industry experience specializing in deal origination, distressed investing and restructuring advisory. He previously served as general counsel and senior vice president of Hilco Global and The Great American Group, and prior to that as general counsel and head of origination of Continental Plants, a manufacturing and industrial-focused distressed debt investment firm, and as a principal of Gemini Partners, a Los Angeles-based investment banking firm.

Yellen Partners, LLC is a specialized, hands-on provider of asset monetization solutions focused on the acquisition and disposition of retail and wholesale inventories, as well as healthcare and industrial machinery and equipment, for businesses seeking to continue operations or sell assets as a going concern.