Read the story here. Advertise at Before It's News here.
Profile image
By MarketWire (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

TCW Completes Acquisition of Special Situations Funds From Regiment Capital

% of readers think this story is Fact. Add your two cents.

LOS ANGELES, CA–(Marketwire – Jan 2, 2013) – The TCW Group (TCW), an international asset-management firm, today announced the completion of its acquisition of the Special Situations Funds group (SSF) from Regiment Capital Advisors L.P. Terms of the transaction were not disclosed.

Launched in 2000, the Special Situation Funds group is a lending business that targets middle-market companies and places a strong emphasis on risk management. SSF has approximately $2.0 billion in assets and commitments under management and is overseen by Rick Miller along with six Boston- and New York-based veteran investment professionals, all of whom have joined TCW and continue to manage the funds. The SSF group reports to Jess Ravich, TCW Group Managing Director and Head of Alternative Products.

David Lippman, TCW President and CEO, said, “This acquisition plays an important role in our continued commitment to grow and develop TCW’s alternatives platform and capabilities. However, this acquisition represents more than just a strategic fit. The SSF team shares TCW’s core beliefs in strict investment discipline, dedication to intensive research and rigorous adherence to risk management. For these reasons we expect the integration process to be seamless.”

Jess Ravich, TCW Group Managing Director and Head of Alternative Products, said, “Rick Miller and his team come to TCW with an outstanding 12-year track record of delivering attractive risk-adjusted returns to their investors, and we look forward to introducing this proven strategy to TCW clients.”

Rick Miller, Group Managing Director at TCW, said, “We are very excited to join forces with TCW and to become part of an institution that is known world-wide for its dedication to investment excellence and client service. We are especially proud of the confidence our current investors have shown in our team, and look forward to continuing to deliver outstanding returns and client service to them.”

About TCW
Founded in 1971, The TCW Group, Inc. develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients’ wealth. The firm has approximately $135 billion in assets under management, including $48 billion in mutual funds under the MetWest and TCW Fund families. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals. For more information, please refer to


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.