May 20, 2013 8:03 AM ET

Capital Markets

Company Overview of Clinton Group, Inc

Company Overview

Clinton Group, Inc (CGI) is an employee owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It also caters to corporations, banks, insurance companies, pension funds, and public funds. The firm invests in the public equity, fixed income and hedging markets across the globe. For its fixed income investments, it primarily invests in collateralized debt obligations, mortgage-backed securities, convertible bonds, and sovereign debt. The firm employs long/short and arbitrage fixed income strategies to make its investments. Clinton Group was founded in August 1991 and is based in New York City with additional offices in Tinton Falls, New Jersey, Washin...

Detailed Description

9 West 57 Street

26th Floor

New York, NY 10019

United States

Founded in 1991

Phone:

212-825-0400

Fax:

212-825-0079

www.clinton.com

Key Executives for Clinton Group, Inc

Chief Executive Officer
Age: 51
Chief Financial Officer
Director of Operations
Senior Managing Director and Non-Executive Director
Age: 68
Managing Director and Head of Credit Research
Compensation as of Fiscal Year 2012.

Clinton Group, Inc Key Developments

Clinton Group, Inc Presents at GAIM USA 2013, Jan-22-2013 08:40 AM

Clinton Group, Inc Presents at GAIM USA 2013, Jan-22-2013 08:40 AM. Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, FL 33432, United States. Speakers: George Estes Hall, Chief Executive Officer, Founder, President, and Director.

Executive Chairman Plans To Acquire Digital Generation

Digital Generation, Inc.'s Executive Chairman has showed interest to acquire Digital Generation. Extreme Reach, Inc. has also shown interest in acquiring Digital Generation. Joseph De Perio, Senior Portfolio Manager at Clinton Group, Inc., said, "As a large stockholder of the Company, we welcome a sale of the business at a fair price to the Company's Executive Chairman or another buyer. However, if the Board cannot complete its strategic process by the annual meeting, we believe it is in the interests of all stockholders to elect directors who can sell the business quickly or help guide the Company to a brighter future as an independent Company."

Clinton Not Selling Wet Seal

Clinton Group, Inc said the company is no longer pushing for the sale of Wet Seal Inc. as it has got the control of the Board last week. However, it will now focus on turning the company around. Clinton said Wet Seal could attract buyers if it managed to improve its business, and an offer of between $5 and $8 per share would represent fair value. "There is no definitive time frame set for a turnaround," Clinton Group Managing Director Greg Taxin told Reuters, adding he expects the company to show progress in six to nine months. Wet Seal shares traded at $2.98.

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