Media Placements
| ■ |
Crain's Chicago Business,
Nov 17, 2008,
"LaSalle St. Firms Cherry-pick Talent as Wall St. Tanks" –
The article discussed some local firms who are increasing their number of employees during a time when many others are cutting staff. Jim Tyree, chairman and CEO, was noted for his interest in expanding Mesirow Financial’s staff by 10% in the next year.
Dominick Mondi, senior managing director, Institutional Sales and Trading, was cited as one of the firm’s new hires who had previously been with Bear Stearns. He was quoted as saying, “I decided I'd be happy working at a more entrepreneurial firm with a smaller platform. The dislocation in
|
| ■ | Bond Buyer, Oct 23, 2008, "Munis Rally As Demand Roars Back; Several Large Deals Take Advantage" – Dominick Mondi, head of Institutional Sales and Trading’s Municipal Bond Sales and Trading department is quoted, giving his explanation of the recent rally in the municipal bond market – they it “stemmed from an end to deleveraging and a ‘roar’ of retail buyers into the market at the fastest pace in a generation.” |
| ■ |
Bankruptcy Insider,
Oct 20, 2008,
"Hottest Investment Bankers" –
Larry Lattig, executive vice president and senior managing director, Mesirow Financial Consulting, was ranked number one in the "Hottest Investment Banker" listing. The ranking is based on new bankruptcy-related cases filed in the |
| ■ | Bloomberg.com, Oct 02, 2008, "Bond Dealers Ogle Spreads in Trading Off Wall Street" – The article discusses how Mesirow Financial is profiting despite the demise of large banks and brokers: “The biggest disruption in corporate bonds in three decades is turning into a gift for Jefferies Group Inc. and Mesirow Financial.” James C. Tyree, chairman and CEO, and Randy Wolfe, senior managing director in Institutional Sales and Trading, are quoted discussing the recruiting opportunity that exists; recent hire Dominick Mondi , head of Institutional Sales and Trading’s Municipal Bond Sales and Trading department, is mentioned. |
| ■ | Paper, Film & Foil Converter, Sep 09, 2008, "Mid-Year Packaging Financial Review" – The piece discusses how William J. Hornell, managing director, delivers his 2008 mid-year review in the company’s Corporate Investment Banking newsletter, Packaging Perspectives. The article quotes Hornell as noting that despite market uncertainty for 2008, there have been several large paper and packaging deals throughout the first half of the year. |
| ■ | Daily Bankruptcy Review, Sep 04, 2008, "U.S. Trustee Taps James S. Feltman to Investigate HDTV Maker" – The article announces the engagement of Mesirow Financial Consulting restructuring professional James S. Feltman as independent investigator in the bankruptcy of Syntax-Brillian Corp, a maker of HDTVs. U.S. Trustee Roberta A. DeAngelis, who is responsible for ensuring that participants in the case are in compliance with the U.S. Bankruptcy Code, named Feltman after concerns were raised about a decline in the value of Syntax-Brillian's assets in the months leading up to the bankruptcy filing. The piece cites Feltman's experience serving as independent investigator in bankruptcy cases and providing other financial advisory services across a myriad of industries, including aviation, retain, manufacturing and real estate. |
| ■ | Board Converting News, Aug 25, 2008, "Credit Crunch Slows M&A Activity" – The piece recaps the headline story in the most recent Packaging Perspectives newsletter. In the article, managing director William J. Hornell comments on the merger and acquisition activity in the first half of 2008 and makes his predictions for the second half of the year: “Consistent with the broader economy, packaging deal volume fell 24 percent in the first half of 2008…However, [the Corporate Investment Banking department of] Mesirow Financial still expects strategic and middle market private equity buyers to remain active [in the second half of 2008]. |
| ■ |
TraderDaily.com,
Aug 06, 2008,
"Electronic Trading Fuels Growth in Chicago" –
The article discussed how the crumble of some Wall Street firms are impacting the |
| ■ |
Chicago Tribune,
Aug 03, 2008,
"In finance jobs, New York's loss is Chicago's gain: Windy City lures pros amid Wall St. turmoil" –
Mesirow Financial is highlighted in this article about |
| ■ | Paper, Film & Foil Converter, Aug 01, 2008, "News Clips" – The piece mentions the sale of Hamilton Paper Box Holding Corporation, a portfolio company of Florida Capital Partners, to Rosmar Litho Inc., a portfolio company of Novacap. Mesirow Financial’s Corporate Investment Banking group served as exclusive financial advisor to Hamilton Paper Box. |
| ■ | Bondbuyer.com, Jul 01, 2008, "Mesirow Financial Adds Two to Its Chicago Staff" – Two recent new hires, Dominick Mondi and Joseph Piraro, are highlighted in this article on bondbuyer.com. The article discusses how the firm expects to further augment its corporate and municipal fixed-income group with the possible hiring of several additional professionals given the layoffs that include industry veterans at Wall Street firms struggling with losses related to the collapse of the subprime mortgage market. "We feel like it's a great opportunity with the disarray going on and talented people are available,” said Bruce Young, vice chairman of the firm and head of the Institutional Sales and Trading department. |
| ■ | Board Converting News, Jun 23, 2008, "Mesirow Advises On Carton Deal" – The piece describes the recent sale of Hamilton Paper Box, a portfolio company of Florida Capital Partners, to Rosmar Litho Inc a portfolio company of Novacap. Mesirow Financial’s Corporate Investment Banking group served as exclusive financial advisor to Hamilton Paper Box. |
| ■ | Private Equity Hub, Jun 13, 2008, "Where Have All the Workout Bankers Gone?" – The article discusses the recent surge in the need for special situations groups' services after several years of inactivity. This has created a void in experienced workout bankers, resulting in delays and a more complicated process. Rocky Pontikes, director of Corporate Investment Banking, was quoted as saying, "Loans are staying with the relationship bankers longer than they historically have, when they should be going to the special situations groups." When discussing the fact that relationship bankers tendency to delay a sale is because they are hopeful that the company will pull through, he added, "The special situation guys are unemotional about the bank's position." |
| ■ | Bankruptcy Insider, Jun 02, 2008, "Dire Stats" – The Deal's Bankruptcy Insider ranked Mesirow Financial Consulting number one among "Top Creditor Investment Banks" with 20 active cases as of May 28th. In the "Top Creditor Investment Banker" listing, Mesirow Financial Consulting's James S. Feltman, senior managing director, ranked third, Leon Szlezinger, senior managing director, ranked fifth and Larry H. Lattig , executive vice president and senior managing director was ranked sixth. |
| ■ | The Distressed Debt Report, May 27, 2008, "Cramming Up: Sub Lenders Seen Pursuing More Aggressive Bankruptcy Strategies" – The article discusses "cramming up" strategies, and is explained as "when junior debt holders in a bankrupt company take out the senior noteholders and take over the majority of the equity." Randall G. Kominsky, managing director, Mesirow Financial Consulting, was quoted in the piece, stating, "It's not like the old days when creditors committees sit with the senior lenders and the debtors." He added, "Now you have many more at the table. Competing agendas among numerous players makes it more difficult to achieve a cramming-up strategy." |
| ■ | Marketing News, May 15, 2008, "I.D. Security: Growing Firm Develops Brand from the Inside Out" – The piece provides a case study on Mesirow Financial’s new logo and branding program, describing its impetus and execution. Debbie Krieps , chief marketing officer, Marketing and Strategic Sales, is quoted as saying, “The concept of independence, in this day and age of acquisitions and merger mania, is critical. Mesirow [Financial] is still a family, privately owned largely by employees. We hope those concepts resonate.” |
| ■ | Bankruptcy Insider, May 05, 2008, "Hottest Investment Bankers" – Mesirow Financial Consulting was ranked second as "Hottest Investment Bankers" and fourth among "Top Debtor Investment Banks." Thomas J. Allison, executive vice president and senior managing director, Mesirow Financial Consulting, was ranked third and James S. Feltman, senior managing director, Mesirow Financial Consulting, was ranked fourth among "Top Debtor Investment Bankers." |
| ■ | Crain's Chicago Business, May 05, 2008, "Bumpy Ride Ahead for United" – The article discusses United Airlines options moving forward amidst economic challenges facing the industry. James S. Feltman, senior managing director, Mesirow Financial Consulting, was quoted as saying, "a number of legacy carriers will see their cash positions erode to the point they're bankruptcy candidates in 2009." He added, "I don't think United is the first candidate. I don't think there is a first candidate." |
| ■ | Chicago Sun-Times, May 04, 2008, "Assessing the 'Fertilizer Bubble'" – The article discusses the recent sale of Wrigley Company to Mars, Inc. and a few of the implications of a public company going private. Jeffrey A. Golman, vice chairman and head of the Corporate Investment Banking group was noted as stating that in this type of situation the buyer will likely look to improve results with new products and broader distribution, rather than consider layoffs and plant closings. |
| ■ | BusinessWeek Chicago, May 01, 2008, "Baron in the Making" – James C. Tyree , chairman and CEO, was featured in the article which discusses both his personal and professional challenges and accomplishments. View the entire article (scroll at the bottom to page 16). |
| ■ | Euromoney's Global Insolvency & Restructuring Review, May 01, 2008, "Financial advisory services in the US" – The article, authored by Stephen B. Darr, senior managing director, Mesirow Financial Consulting, provides an overview of the services provided by financial advisors to financially distressed companies in the United States. |
| ■ | Crain's Chicago Business, Apr 28, 2008, "Boeing Earns its Wings with Strong Quarter" – Senior Managing Director Mike Crowe, Equity Management, believes the outlook for the economy and stocks is "one percent GDP growth, at best (in 2008). We'll be lucky to get a 5% increase in S&P earning year-over-year. Financials are going to continue to be a drag on the S&P earnings for the next, at least, two quarters." |
| ■ | MarketWatch, Apr 28, 2008, "Continental Unlikely to Slow Airline Mergers; Analysis: Look Forward to Capacity Reductions and Trimming of Carrier Fleets" – The article discusses the likely options that airlines are considering in the face of the Delta and Northwest Airlines merger, in addition to other daunting market conditions. Commentary from James S. Feltman, senior managing director, Mesirow Financial Consulting, is included in the piece, where he states that if the current economic slump takes a turn for the worse and oil prices continue to climb, airlines without partners next year may find themselves with even more dire financials. |
| ■ | The Wall Street Journal, Apr 22, 2008, "Delta Chief's Fancy Footwork: How CEO Anderson Overcame Obstacles to Northwest Deal" – The article discusses the role Richard Anderson, chief executive of Delta Air Lines Inc., played in the impending merger between Delta and Northwest Airlines. James S. Feltman, senior managing director, Mesirow Financial Consulting, who advised the creditor committee for Delta, is quoted in the piece. |
| ■ | Business Travel World, Apr 16, 2008, "CO-UA Next to Tie the Knot, Says Expert: United and Continental ? Next to Merge?" – The article discusses the likelihood and complications surrounding a potential merger between Continental and United Airlines, in response to the impending Delta Air Lines and Northwest Airlines merger. James S. Feltman, senior managing director, Mesirow Financial Consulting, who advised the creditor committee for Delta, is quoted as saying that Continental and United present "two likely partners" if the merger between Delta and Northwestern is approved. |
| ■ | Reuters, Apr 15, 2008, "Delta/Northwest Merger May Spark More Consolidation" – The article discusses the impact that the impending Delta Air Lines and Northwest Airlines merger could have on other carriers. James S. Feltman, senior managing director, Mesirow Financial Consulting, who advised the creditor committee for Delta, is quoted as stating, "There will be a great deal more pressure on United and Continental to look at a combination facing the threat of a large Delta/Northwest merger. It's almost compelling as opposed to desirable." |
| ■ | packagePRINTING Magazine, Apr 09, 2008, "Mesirow Financial Advises Innovative Folding Carton Company in Its Sale" – The item includes a description of the recent sale of Innovative Folding Carton Company, Inc., a portfolio company of ICV Capital Partners, LLC and 21st Century Group, LLC, to Multi Packaging Solutions, Inc., a portfolio company of BSMB. Mesirow Financial’s Corporate Investment Banking group served as exclusive financial advisor to Innovative. |
| ■ | Pensions & Investments, Mar 31, 2008, "Changes in Accounting Rules Hurt Realty Values" – The article discusses recently enacted Financial Accounting Statement 157, which requires real estate investment managers to use a property's expected sale price, regardless if it falls lower than the book value. Timothy R. Croushore, managing director, Consulting, and James S. Wilson, senior managing director, Mesirow Financial Consulting, are both quoted in the piece. Wilson was noted as saying, "Under the new definition, investment managers would need to identify the principal or most advantageous market for the property, the investors in that market and how they would value the property." |
| ■ | Medill Reports Chicago, Mar 14, 2008, "Behind Enesco's Rescue, Corporate Turnaround Experts" – The article discusses the financial advisory services provided by Mesirow Financial Consulting, LLC for troubled Enesco Group, Inc. as well as Mesirow Financial's Corporate Investment Banking group's leadership in the subsequent §363 sale. The piece also mentions the firm's recent honor by the Turnaround Management Association Chicago/Midwest Chapter in receiving the "Large Transaction of the Year" award in recognition of the Enesco success. The entire article may be viewed online. |
| ■ | Crain's Chicago Business, Mar 03, 2008, "Chicago's Best Places to Work" – Mesirow Financial was ranked one of "Chicago's Best Places to Work" by Crain's Chicago Business. The firm was recognized for several key aspects, including its entrepreneurial environment, which makes it a top destination for talented professionals. |
| ■ | ELT - The Magazine of Equipment Leasing & Finance, Mar 01, 2008, "Mixed Signals: Asset Managers Are Upbeat - and Ready for a Recession..." – Lauren Hill, senior vice president, Mesirow Financial Consulting, contributed to the piece which discusses the threat of a recession amidst a strong global economy, and its impact on certain segments. While discussing alternative energy and solar energy equipment, she was quoted as stating, "There's a lot of leasing and interest in leasing in solar energy equipment, but if there's a secondary market out there, we haven't found it." |
| ■ | Financier Worldwide, Mar 01, 2008, "BAPCPA in its Third Year" – The article features a report on the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) and its impact on the bankruptcy industry since its inception. Larry H. Lattig, Executive Vice President, Senior Managing Director, Mesirow Financial Consulting, was quoted as saying, "BAPCPA is certainly a larger factor in retail cases than in any other due to the requirements of reclamation and administrative expense for vendors. For that reason, many retailers will be pushed to 363 sale alternatives." The complete article may be viewed in pdf format. |
| ■ | Turnarounds & Workouts, Mar 01, 2008, "People to Watch - 2008: Business Professionals Making Their Mark" – Ben Pickering, managing director, Mesirow Financial Consulting, was listed among "People to Watch: 2008" for his work as a financial advisor to numerous unsecured creditors' committees, including Delphi, Quebecor World, Fedders Corporation, Rockford Products, American Camshaft, SAI, and Weld Wheel, in addition to his extensive experience with multi-national and cross-border restructuring issues. |
| ■ | Bankruptcy Insider, Feb 18, 2008, "Hottest Investment Banks" – Mesirow Financial Consulting was ranked first among "Hottest Investment Banks," with seven new engagements over the past six months. The ranking is based on the number of bankruptcy-related engagements in new cases filed during the six months ended February 12, 2008. |
| ■ | Crain's Chicago Business, Feb 18, 2008, "Credit Woes Sink Mag Mile Deal" – Alasdair Cripps, senior managing director of Mesirow Financial Institutional Real Estate, Direct Investments, was quoted in this article about a New York real estate investment firm walking away from a $200 million contract to buy a Michigan Avenue office skyscraper – and $10 million in earnest money. "If somebody uses high leverage, if that’s their M.O. to generate the returns, those days are done," said Cripps. |
| ■ | Plastics News, Feb 18, 2008, "More Merger Mania Unlikely for '08" – The article discusses many industry leaders' forecasts for merger and acquisition activity for the plastics and packaging industries in 2008, which is currently facing uncertainty. Louis W. Mitchell, managing director, Corporate Investment Banking, was quoted as saying, "There's still going to be M&As. It may not be at the volume of 2005 and 2006 – those were phenomenal years, frankly – but there's still going to be an amount of that going on." |
| ■ | LATINA Style Magazine, Feb 01, 2008, "LATINA Style Business Series in Chicago, IL" – In October 2007, Mesirow Financial sponsored the LATINAStyle Business Series for Latina entrepreneurs. The event is a forum where Latina professionals can speak about their experiences and keys to success. Several executives from Mesirow Financial attended the event, including: Olga Camargo, head of hispanic research and strategy, Adriana Duenas, managing director, Juan Gomez de la Casa, vice president and Jessica Herrera, account representative. |
| ■ | Chicago Sun-Times, Jan 24, 2008, "LIFETIME ACHIEVEMENT: After Beating Diabetes, Tyree Sees Opportunities" – Announcing his recent honor from the Association for Corporate Growth (ACG) Chicago 2008 Lifetime Achievement Award, the article features chairman and CEO, James C. Tyree, citing both personal and professional accomplishments. While discussing his optimism amidst a tough economy, he is quoted as saying "It's much easier to grow in difficult times." The article also discusses his personal battle with diabetes, which he overcame with transplant surgery. |
| ■ | Bankruptcy Law360, Jan 01, 2008, "Outlook For Bankruptcies In 2008" – The article discusses projections for bankruptcy filings in 2008, with particular attention paid to the sub-prime mortgage crisis' impact on the economy. James S. Feltman, senior managing director, Mesirow Financial Consulting, is quoted in the piece where he discusses the fallout potentially extending to the retail and consumer product areas. |
| ■ | Paper, Film, & Foil Converter, Jan 01, 2008, "Credit Crunch" – The article, authored by William J. Hornell, managing director, Corporate Investment Banking, discusses recent merger and acquisition activity in the packaging sector, particularly the impact of the credit crunch as well as private equity-backed transactions. |
| ■ | ABI Journal, Dec 31, 2007, "No Good Deed Goes Unpunished" – The article discusses cases in which §4-210 has been integral in ruling whether or not security interests held by banks outweigh claims made by firms in Chapter 11 that would allow them to recover a transfer as a preference. One case cited was Feltman v. City National Bank of Florida, where James S. Feltman, senior managing director, Mesirow Financial Consulting, served as trustee. |
