December 6, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Utah Fund of Funds Portfolio Fund Makes Large Commitment

Press Release

December 6, 2012

Los Angeles-based Ares Management LLC, through its Private Equity Group, has closed on a significant investment in Salt Lake City-based CHG Healthcare Services. This investment supports approximately 820 Utah-based jobs. 

“We view Utah as a great place to do business,” said Bennett Rosenthal, senior partner at Ares Management. “We are happy to be partnered with the Utah Fund of Funds, and now very pleased to have CHG as part of our investment portfolio.”

In 2009 the Utah Fund of Funds made a $5 million commitment to Ares Corporate Opportunities Fund III and encouraged Ares to consider investing in Utah companies.

The CHG Healthcare Services investment by Ares marks the 60th Utah based company that has received investment from Utah Fund of Funds’ partners.

Utah Business Social
UB Events View All
Utah PR Spring ConferenceUtah Business Event
May 7, 2015
Join your colleagues from Utah Business along with PRSA & IABC for this important, 1-day event th...
30 Women to WatchUtah Business Event
May 21, 2015
Utah Business Magazine along with Snell & Wilmer are proud to announce the 16th annual 30 Women T...
CXO of the Year 2015Utah Business Event
Jun 25, 2015
Utah Business Magazine along with Stoel Rives - are proud to present the 2015 CXO of the Year Awa...
Community Events View All
Advanced Skills for Workplace Trainers
Apr 28, 2015
Learn to identify, develop, and modify your individual teaching style. We will start with the ste...
JavaScript Level 1
Apr 28, 2015
JavaScript is an easy-to-learn scripting language supported by all popular Web browsers. Students...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel