Cypress Holding Company Retains Chase Securities as Financial Advisor.Business Editors BOSTON--(BUSINESS WIRE)--Nov. 1, 2000 Cypress Cypress, city, United States Cypress (sī`prəs), city (1990 pop. 42,655), Orange co., S Calif. near Long Beach; inc. 1956. Forest Lawn–Cypress, a branch of the famous cemetery in Glendale, Calif. Holding Company today announced that it had retained Chase Securities Inc. as its financial advisor to explore strategic alternatives for its wholly-owned subsidiary, CypressTree Investment Management Company, Inc. "CypressTree" Bradford K. Gallagher, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the firm, stated that he and Berkshire Partners would like to find a strategic fit for CypressTree that would permit the firm to continue its asset growth. About CypressTree: CypressTree is a specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. fixed-income investment management firm focused exclusively on leveraged bank loans which are managed via institutional accounts, structured products and retail mutual funds. Assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. are approximately $2.7 billion. |
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