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

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

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
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
Community Events View All
St. George Book Festival - The Writer's Journey: One-Day Workshop
Oct 24, 2014
Come enjoy this one-day conference designed to give authors and aspiring authors the opportunity ...
Sandler Management Solutions
Oct 24, 2014
Who Should Attend? If you are an owner or manager, you know that your job is one of the most d...

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