March 22 at 10:12 a.m.
Filed under:
Banking,
Chicago executives
By Becky Yerak
Jim Tyree in 2009. (Brian Cassella/Chicago Tribune)
Mesirow Financial colleagues, a U.S. Senator, a governor and neighborhood folks from the South Side were among those who jammed into Old St. Patrick’s Church Monday night to attend a funeral Mass for James Tyree, the financier and Sun-Times owner who died last week at age 53.
The first of three eulogies was given by Richard Price, a longtime Mesirow executive who has replaced Tyree as chairman and chief executive of the Chicago-based financial services firm.
Price, whose voice wavered on at least a couple of occasions, said his business partner had a “desire to be hands-on,” noting that 55 of Mesirow’s 1,200 workers reported directly to him. The two executives were tight, even vacationing together with their families. Get the full story »
March 18 at 1:37 p.m.
Filed under:
Banking
From Crain’s Chicago Business | Mesirow Financial Holdings Inc. has named President and Chief Operating Officer Richard Price, 63, its new chairman and CEO following the death of Jim Tyree, who had held the roles for 17 years. Get the full story>>
March 17 at 8:28 a.m.
Filed under:
Chicago executives
By Associated Press
President Barack Obama and his wife, Michelle, are extending condolences to the family of James Tyree, a Chicago businessman with deep roots in Obama’s hometown who died Wednesday.
“Jim was a quintessential Chicagoan, a South Side kid from humble roots who worked his way to the top but never left the city behind,” Obama said in a statement Thursday. Get the full story »
March 16 at 6:47 p.m.
Filed under:
Chicago executives,
Updated
By Becky Yerak
Mesirow CEO James Tyree at his office in 2009. (Brian Cassella/Chicago Tribune)
James Tyree, the Mesirow Financial chief executive who led the group that took control of Sun-Times Media in 2009, died Wednesday, five months after being diagnosed with stomach cancer.
Tyree had stepped up to save the Chicago Sun-Times when it was floundering in bankruptcy court. He led an investor group that bought it for $26 million. Get the full story »
March 8 at 2:53 p.m.
Filed under:
Chicago executives,
Media,
Updated
By Becky Yerak
Mesirow Financial Chief Executive James Tyree, who has been battling cancer, was recently hospitalized with pneumonia.
“They are treating his infection and he’s feeling stronger every day,” Mesirow President Richard Price said in an e-mail to workers Tuesday. “Doctors generally expect some side-effects and complications during an aggressive chemotherapy regimen.”
Tyree, who also heads Sun Times Media, had suffered from diabetes for years and had a transplant operation a few years ago. Get the full story »
Feb. 10 at 9:23 a.m.
Filed under:
Investing
From Bloomberg News | Chicago-based Mesirow Financial Inc. said Thursday it will start an investment management joint venture with Mubadala Development Co., an investment arm of the Abu Dhabi government.
Dec. 16, 2010 at 6:50 a.m.
Filed under:
Commercial real estate,
Real estate
From Globe St. | Tishman Speyer has completed its purchase of a 1.2 million-square-foot office tower at 353 N. Clark for $385 million, about $35 million less than it cost seller Mesirow Financial to build the tower completed in October 2009. Mesirow had owed roughly $374 million from construction loans that were coming due. Get the full story>>
Oct. 28, 2010 at 12:55 p.m.
Filed under:
Banking,
Chicago executives,
Health care,
Media
By Becky Yerak
James Tyree, the Mesirow Financial chief executive who last week disclosed that he has stomach cancer, will begin chemotherapy next week.
“I feel pretty good,” he told the Tribune Wednesday night. “I’m sitting here stronger and greater than ever, and it’s stunning that these things are inside me”
In a note to Mesirow workers on Thursday, Tyree said that, over the past week, he has completed additional tests and consulted with several more doctors. Get the full story »
Oct. 19, 2010 at 5:58 p.m.
Filed under:
Chicago executives,
Media,
TV
By Becky Yerak
James Tyree, the Mesirow Financial chief executive who nearly four years ago had a kidney and pancreas transplant, has been diagnosed with stomach cancer.
Tyree said he doesn’t know the stage of the cancer yet.
“I’ll find that out over the next few days,” he told the Tribune in a phone interview from his office, where he continues to work every day. “They did more tests to find out if it has spread anywhere else,” he said, noting that it’s currently in his stomach and one lymph node. Get the full story »
Sep. 22, 2010 at 10:38 a.m.
Filed under:
Banking,
Earnings
By Becky Yerak
Chicago-based Mesirow Financial said fiscal 2010 was its best year ever, despite lingering sluggishness in the economy.
Revenues for its fiscal year ended Mar. 31 rose 13 percent to $526 million, due to “spectacular” performances from the privately-held and employee-owned firm’s institutional sales and trading and advanced strategies businesses, as well as “strong” contributions from private equity, consulting and insurance services.
Stockholders’ equity, held by about 300 of its employees, increased nearly 20 percent to $299 million. Get the full story »
July 13, 2010 at 11:29 a.m.
Filed under:
China,
Trade
Don Lee | The U.S. trade deficit unexpectedly jumped in May, to the highest level since November 2008, prompting some analysts to sharply cut their economic growth forecasts for the just-completed second quarter and other economists to warn of rising risks of a double-dip recession.
The Commerce Department said Tuesday that the trade gap rose to $42.3 billion in May, up nearly 5 percent from April’s $40.3 billion. Economists had expected the May deficit to dip slightly to about $39 billion as oil prices were lower and retail sales fell that month. Get the full story »
