2 min read · 20 July 2009
1 min read · 20 July 2009
Richard Shafer has been named interim chief investment officer of the The Ohio Public Employees Retirement System (OPERS), nearly two months after fulltime CIO Jenny Hom stepped down. Shafer joined OPERS in May, after having served as director of investments for the New Hampshire Retirement System and, before that, was chief investment officer of the Alaska Permanent Fund.
2 min read · 20 July 2009
1 min read · 20 July 2009
1 min read · 20 July 2009
1 min read · 20 July 2009
American Industrial Partners has completed its buyout of the motor home business of Fleetwood Enterprises Inc. (OTC BB: FLTWQ). The deal was valued at $33.2 million, including certain assumed liabilities. Greenhill & Co. ran the sale process. Fleetwood shareholders include Tennenbaum Capital Partners. Concurrent with the close, Fleetwood laid off 700 employees, but said that American Industrial is expected to make 650 hires over the next few weeks.
2 min read · 20 July 2009
Monroe Capital, a Chicago-based merchant bank and specialty finance shop, has formed a mid-market credit advisory practice. It will be led by Mark Gertzof, formerly a managing director with Merrill Lynch Capital, and Christopher Gentry, formerly a director with Concord Financial Advisors.
3 min read · 20 July 2009
1 min read · 20 July 2009
3 min read · 20 July 2009