PE Firms Form Tygris
Our plans are not dependent on having reached a bottom as Tygris objective is to build a long-term franchise. Wolfert said that they saw a need for a new firm with a clean balance and a willingness to lend. One thing youll see from Tygris is well be focused on select commercial finance sectors, not straying from our core competency, Mr. Wolfert said that the firm has contacted Utah banking officials about setting up its own industrial bank, and Tygris is looking for opportunities involving struggling depositary banks as well.
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Tags: banks, bloomberg, cnn money, commercial finance, core competency, finance sectors, franchise, lend one, objective, tygris, tygris commercial finance, willingness, xo jet, xojet