Utah’s business landscape is rich with professionals who have le...Read More
Did you go Skiing this winter?
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
Executive Living
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
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.
info@utahbusiness.com | 90 South 400 West, Ste 650 Salt Lake City, Utah 84101 | (801) 568-0114
Advertise with Utah Business