Tuesday, 02 January 2024 12:17 GMT

Tiger Group Bolsters Leadership Team With Executive-Level Promotion


(MENAFN- PR Newswire)

Tiger Group has reached a level of growth and stability that allows the partners more latitude to focus on nurturing the company's strategic relationships and enhancing the Tiger portfolio of investments and products, noted Tiger Group Co-Founder and Managing Member Dan Kane .

"With this transition, Michael hands the reins of COO to a skilled strategist who thoroughly understands the rapidly changing needs of Tiger's financial, retail, wholesale and industrial clients," Kane said. "Ryan is ideally suited to continue Tiger's transformation into a disposition services and financing powerhouse. We are extremely pleased to announce this much-deserved promotion."

The U.S. economy is witnessing an enormous amount of transition and growth, and as a result Tiger is seeing more demand for services involving valuations, dispositions, capital infusions and operational strategy, McGrail noted. "My focus is on expanding our capacities to deliver even higher results for management, owners, lenders and their professionals," the executive said.

Davis, a 20-year veteran of the asset-based lending industry, joined Tiger in 2006 as a Senior Financial Analyst. He rose to become the appraisal division's Managing Director in April 2019 and Executive Managing Director in March 2024.

In the latter capacity, Davis was responsible for the valuation of more than $25 billion of retail, wholesale and industrial assets annually. The L.A.-based executive has operated multiple strategic Tiger investments, including Advanced Sports, Inc. and mDesign, and has worked on high-impact, complex capital transactions involving a wide range of businesses.

"It has been a privilege to contribute to the growth and evolution of Tiger Group, and I am honored to now be trusted with the operational reins of this successful company," Davis said. "For me, working at Tiger is invigorating-not only because the day-to-day mission is to help clients solve tough, complex and interesting problems, but also because I get to work with truly amazing partners and colleagues."

Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, [email protected]

SOURCE Tiger Group

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