Chanin Capital promotes bankers

By Jeff Pines

Washington, Jan. 13 - Investment bank Chanin Capital Partners said it promoted a number of bankers in its New York and Los Angeles offices.

In New York, Mike Seery was promoted to senior vice president of the restructuring practice. Since joining Chanin in December 1999, Seery has been involved with a broad range of restructurings and distressed asset sales, including the Chapter 11 reorganizations of Cable & Wireless USA, Converse, Covad Communications Group, and the recent restructuring of Mississippi Chemical and its sale to Terra Industries.

Currently, Seery is advising the Official Committee of Equity Security Holders in Footstar's Chapter 11 case.

Rob White and David MacGreevey were appointed vice presidents in the restructuring practice.

Across the country in Los Angeles, in the mergers and acquisitions group, Tim Pellegrin was promoted to senior vice president and Alex Tracy was made a vice president.

Pellegrin joined the firm in January 2003 as vice president. He has completed various advisory engagements for clients including The American Stock Exchange, BMC Industries, Magnatrax, NTL, Inc., and Sunterra.

In the restructuring practice, Matt Covington and Anurag Kapur were made vice presidents.

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