Since 2010, Ackert has been the Managing Member of Crystal Lake Capital and was previously an Operating Director at Paine + Partners. From 1994 until 2007 he was an executive vice president at AIG Financial Products Corporation, where he served as head of corporate marketing for North America and global head of the transaction development group and the energy practice. From 1986 until 1994 Ackert was a VP in the capital markets department at Goldman, Sachs & Co. From 1983 to 1986 he was an associate at Sullivan & Cromwell, a New York City law firm.
Ackert earned his B.A. (summa cum laude, Phi Beta Kappa), MBA and J.D. (Law Review, Moot Court Honors) degrees from UCLA. He also attended Hong Kong University as a Rotary Foundation Fellow. Ackert and his wife, Charlotte, have one son, Nicholas.