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CHANIN CAPITAL PARTNERS ANNOUNCES PROMOTION OF KEY SENIOR BANKERS
LOS ANGELES, CA, January 13, 2005 --
Chanin Capital Partners, a leading specialty investment banking firm, today announced promotions of several key bankers.
Mike Seery was appointed to Senior Vice President in the New York Restructuring practice. In addition, Matt Covington and Anurag Kapur in Los Angeles, and David MacGreevey and Rob White in New York, were appointed to Vice President in the Restructuring practice.
Tim Pellegrin was appointed to Senior Vice President, and Alex Tracy was named Vice President in Chanin’s Mergers & Acquisitions group.
“Mike and Tim have made significant contributions to the Firm throughout their tenures in Restructuring and M&A, respectively,” commented Russ Belinsky, Senior Managing Director. “These two gentlemen are textbook examples of hand’s-on professionals, and are responsible for building and strengthening our client relationships across the board.”
Since joining Chanin in December 1999, Mr. Seery has been involved with a broad range of complex restructurings and distressed asset sales, including the Chapter 11 reorganizations of Cable & Wireless USA, Converse, Covad Communications Group, and the recent restructuring of Mississippi Chemical and its subsequent sale to Terra Industries. Currently, Mr. Seery is advising the Official Committee of Equity Security Holders in the Chapter 11 restructuring of Footstar. Mr. Pellegrin joined the Firm in January 2003 as Vice President. He has completed various advisory engagements for clients including The American Stock Exchange, BMC Industries, Magnatrax, NTL, Inc., and Sunterra.
"Chanin is focused solely on advising clients in complex corporate restructurings and M&A situations," said Skip Victor, Senior Managing Director. “Mike, Tim, Matt, Anurag, Alex, Rob and David have all played meaningful roles in our various transactions. These promotions are welldeserved. We anticipate that these gentlemen will continue to contribute to the success of our clients and to the Firm.”
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