Daily News: January 29, 2013

Tiger Hires DeAngelis as Executive Managing Director

Robert DeAngelis, a commercial finance industry veteran specializing in the consumer product and retail industries, 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 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.

Most recently, DeAngelis 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 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 Tiger managing member Daniel 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.”

Tiger Group provides advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale, and industrial sectors.