“Given our strong ties to the international financial community, New York was the logical choice for our first corporate headquarters,” says Daniel Kane, principal and managing member, who co-founded the firm in 2001.

Tiger COO Michael McGrail, who had been based in Boston, will now divide his time between the New York and Boston offices. McGrail joins a New York team that includes such senior Tiger executives as longtime office leader Jack Rapp, executive managing director; Melissa Coopersmith, managing director, national sales; Andy Babcock, director of inventory strategies; Fred Raccosta, director of business development for New York, New Jersey and Pennsylvania; and Robert Kowal, director of wholesale liquidations.

“We see a lot of our growth emanating from this market,” McGrail says, "whether it be asset appraisals on behalf of banks and other secured lenders; advisory work for private equity firms, investment banks, and hedge funds; co-ventures with the financial community on debt capital opportunities; or asset dispositions involving retail, wholesale or industrial companies that are restructuring or conducting strategic closures. New York is the center for so many of these activities and Tiger is proud to plant its flag here.”