Great Elm Capital Group, Inc. Announces Board Changes
March 02, 2020 at 04:32 pm EST
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Great Elm Capital Group, Inc. announced that Jason Reese, Chairman and Chief Executive Officer of Imperial, and Eric Scheyer, partner at Magnetar Capital, will join the Company’s Board of Directors (the “Board”). In connection with the new appointments to the Board, one of the Company’s existing directors, Hugh Steven Wilson, has submitted his resignation, effective February 25, 2020. Mr. Reese will join the Company as Executive Co-Chairman. Mr. Scheyer has been appointed to serve on the Nominating and Corporate Governance Committee. Messrs. Reese and Scheyer will be eligible for re-election along with all of the Company's existing directors at the Company's 2020 Annual Meeting of Stockholders.
Great Elm Group, Inc. is an alternative asset management company. The Company is focused on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The Company and its subsidiaries manage Great Elm Capital Corp., a business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, in addition to other investments. Its wholly owned subsidiaries include Great Elm Capital Management, Inc. (GECM), Great Elm Opportunities GP, Inc. (GEO GP), Great Elm Capital GP, LLC (GEC GP), Great Elm FM Acquisition, Inc. (FM Acquisition), Great Elm DME Holdings, Inc. (DME Holdings), Great Elm DME Manager, LLC (DME Manager), and Monomoy BTS Corporation (MBTS), among others.