BOSTON, Jan. 29, 2013 /PRNewswire/ -- Robert DeAngelis, a commercial finance industry veteran specializing in the consumer product and retail industries, has joined Tiger Group in the newly created position of Executive Managing Director.
Based in the advisory, restructuring and asset valuation and disposition firm's Boston office, DeAngelis, 52, will work with Tiger's principals on corporate development and strategy, special projects and debt capital opportunities. He will report to Principal and Managing Member Daniel Kane.
DeAngelis comes to Tiger with over 29 years experience at Boston-area commercial finance companies. Most recently, he was a Principal Partner and Managing Director at Crystal Capital, serving as co-head of the firm's loan administration and portfolio management functions. Since joining the firm as a founding member in 2006, DeAngelis was part of the executive team that successfully launched four different start-up lending platforms, including Crystal Financial Corp.
Prior to that, he was a Managing Director at Back Bay Capital. Earlier, he was a Managing Director and part of the group that, in 1993, founded GBFC, the specialty retail finance company which was later sold to BankBoston and ultimately became part of Bank of America's secured retail-lending platform. DeAngelis began his career in 1984 at Shawmut Bank's asset based lending and asset recovery group.
"We at Tiger have enjoyed a long term personal and professional relationship with Bob, and have always respected his creative strategic vision and customer service focus," said Kane. "We are very excited to have Bob join the Tiger team to help us further build our brand and better serve our customers' needs."
A resident of Marshfield, Mass., DeAngelis is an active member of multiple professional organizations, including the Commercial Finance Association and Turnaround Management Association, and a director on several boards. He holds a B.S. from the University of Connecticut.
About Tiger Group
Tiger Group provides advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale, and industrial sectors. With over 40 years of experience and substantial financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, convert assets to capital in a variety of ways quickly and decisively. Tiger's collaborative and no-nonsense approach is the foundation for its many long-term 'partner' relationships and decades of uninterrupted success. Tiger operates main offices in Boston, Los Angeles and New York. To learn more about Tiger, please visit www.TigerGroupLLC.com.
SOURCE Tiger Group