Tiger Group promoted Eric Schloemer to director of business development. The 14-year veteran of the financial services industry was previously a senior associate in Tiger’s valuation services division.
Schloemer, who will be based in Chicago, will lead Midwest business development efforts for Tiger’s asset valuation practice, serving the asset-based lending, turnaround, private equity and investment banking communities. He also will focus on identifying asset disposition opportunities in the region and will report to Jason Rae and Fred Raccosta, who are both managing directors for Tiger’s valuation services division.
In his prior role at Tiger, Schloemer managed all aspects of preparing valuation reports, from acting as a liaison to the appraised company to conducting management interviews, inspecting properties and inventories, reviewing financials and developing liquidation strategies in support of determining net orderly liquidation value.
“Eric’s extensive, hands-on experience in managing valuation projects across all asset classes and his ability to connect with and bring value to our partners and clients make him an ideal candidate to step into this important business development role,” Rae said. “This strategic promotion further demonstrates Tiger’s commitment to the Midwest market and supports the continued growth of our asset valuation and advisory services in that region.”
“During his time as a senior associate at Tiger, Eric had the opportunity to work with many lenders and professionals throughout the Midwest market,” Raccosta said. “Our clients know and respect him and his comprehensive knowledge of the appraisal process.”
Before joining Tiger in 2013, Schloemer was a senior financial analyst with Forrester Research, where he served as a consultative advisor to three C-level executives. Prior to Forrester, he served as a financial analyst for both Orchard Brands and Boston Scientific, where he was charged with establishing budgets, financial modeling, sales reporting, forecasting and pricing analysis.