News

Andrew Moore Joins Redwood Capital Group

07.14.08

CIBC Veteran to Expand Redwood’s Growing Media Practice

New York, July 14, 2008 – Redwood Capital Group -- a leading investment banking firm serving the technology, communications and media industries -- announced today that it is significantly expanding its coverage of the media sector with the addition of Andrew Moore as a Partner based in the firm’s New York office. Mr. Moore, who has 20 years of investment banking, corporate banking and operating experience, will lead the firm’s media coverage effort across the publishing, information services and related media and digital media sectors.

Redwood Capital Group’s CEO, Gregory Bedrosian, said, "We always seek to strengthen our sector focus and are delighted to welcome a new Partner with Andrew’s experience in media and information services – key growth sectors for Redwood Capital Group." Mr. Bedrosian continued, "Andrew’s track record and relationships make him an ideal fit for our sector-focused investment banking platform and enable Andrew to immediately help identify and serve clients across the media industry."

Andrew Moore was previously a Managing Director at CIBC World Markets in its Media & Entertainment Investment Banking Group. At CIBC, Andrew established and led the firm’s Publishing and Information Services sector coverage where he originated and managed several landmark M&A and financing transactions. He also served as a Managing Director at BMO Capital Markets, where he led that firm’s Publishing and Information Services coverage in investment and corporate banking. Andrew began his Wall Street career in the Media and Communications Groups at The Bank of New York, Bank of Montreal and The Chase Manhattan Bank.

Over the last several years on Wall Street, Andrew originated and led over $2 billion in financing and strategic transactions for numerous middle market media and entertainment companies such as Decision Resources, Inc., Modern Luxury Media, Village Voice Media, Apprise Enthusiast Media, Jobson Medical Information and Questex Media as well as their private equity sponsors including Providence Equity, Shamrock Capital, Clarity Partners, Spectrum Equity, Wicks Group and Audax Group.

Andrew’s entrepreneurial and operating experience in the media sector includes founding and serving as Co-CEO of AngelSociety LLC, a New York City-based multimedia company serving the private equity community with information, news, data and research.

Andrew Moore commented, "This is an exciting time to be joining a growing, sector-focused investment bank like Redwood Capital." He continued, "The firm has assembled an impressive track record and I look forward to bringing my media sector experience and relationships to Redwood to help make an important contribution to the firm’s continued growth and development."

About Redwood Capital
Redwood Capital Group is an investment banking firm serving the technology, communications and media industries. The firm focuses on mergers & acquisitions, corporate finance advisory and private equity. Additional information can be found at www.redcapgroup.com.

Public Relations
Redwood Capital
212 508 7100
pr@redcapgroup.com

Redwood’s CEO Op-Ed: 2010 – The Year of the Entrepreneur

What can we look forward to after the worst U.S. economic and financial crisis in decades, possibly since the Great Depression?   As crazy as it sounds at first, I believe 2010 will be the year of the entrepreneur.

Which Way M&A? Consolidation, Low-Cost Acquisitions May Lie Ahead...
What happens to the fragile digital music space in 2010? The tail end of 2009 witnessed some distressed buyouts, and a number of companies are currently rattling the exit door. According to a recent projection by Redwood Capital Group, a number of low-earning startups could be interesting to larger, more traditional media companies, mostly because of their audiences.
To navigate Greenwich's budget gap, look to proven solutions - By Gregory Bedrosian

In a scene that's being repeated in city halls and state houses across the country, the leadership of Greenwich is doing the hard work of re-crafting the town budget in the face of an extraordinary projected budget shortfall of $31 million. We are part of a great national debate on how to navigate a historic financial and economic crisis.