NEW YORK – January 8, 2014 – Carl Marks Advisory Group LLC, a leading consulting and investment banking advisor to middle-market companies, today announced that it has been ranked as a top U.S. investment bank, and its leaders have been honored among the top investment bankers, by The Deal Pipeline’s 2013 Bankruptcy League Tables throughout the first three quarters of the year.
In the third quarter, the firm was ranked as a Top Investment Bank by volume in the U.S. and Christopher Wu, a partner at the firm, was ranked second among the top U.S. investment bankers. Other Carl Marks professionals cited in the rankings include partners, Douglas Booth, Marc Pfefferle, Mark Claster, and Evan Tomaskovic. These honors are bestowed upon adviser firms and practitioners, based on debtors’ total asset value of their current caseload.
The Deal’s Bankruptcy League Tables are the industry’s only league tables focused solely on active U.S. bankruptcy cases. The rankings involve cases of debtors with assets of $10 million or more and are based on the aggregation of those asset values. Categories include law firms and lawyers, investment banks and bankers, crisis management firms and professionals, and non-investment banks and professionals.
“We are extremely proud to see our firm and its professionals continuously ranked alongside the nation’s finest bankruptcy professionals each quarter and this honor highlights a strong level of activity in the competitive marketplace for our services,” said Christopher Wu, partner at Carl Marks.
According to Carl Marks President, Mark Claster, “We strive to deliver the most valuable results to our client base each and every day. This win validates our efforts and confirms that we’re staying the course.”