Peter Ackerman is the Managing Director of Rockport Capital Incorporated, a private investment firm. Since its inception in 1990, Rockport has made numerous direct investments in fields as diverse as movie libraries, publishing, propane distribution, textiles, variable insurance, and SMS integration, to name only a few. From 1978 to 1990 he was Director of International Capital Markets at Drexel Burnham Lambert, where he structured, financed, and invested in hundreds of recapitalizations.