Sandy Feldman joined Summit Investment Management as managing director of acquisitions based in Atlanta. His responsibilities include business development and deal sourcing.
Catie Vuksich joined Summit Investment Management as a director. Her responsibilities include deal sourcing, underwriting and asset management. Prior to Summit, Vuksich spent eleven years at Wells Fargo primarily as a member of the credit resolution group focused on distressed credits.
Carl Marks Advisors completed the restructuring and sale of Aztec Events & Tents and Shaffer Sports. Carl Marks Advisors served as restructuring advisor to the company, with partner Brian Williams acting as chief restructuring officer.
Rescue capital has a long and occasionally sordid history in the United States, growing out of Gilded Age overreach and finding fertile ground in restructuring best practices. Hugh Larratt-Smith takes a stroll through history as he looks back on rescue capital origins before examining what its role could be in the very near future.
Summit Investment Management acquired $489 Million of C&I debt from the FDIC acting as receiver of a failed bank based in Louisiana.