Thursday, February 01, 2001

Resurgence Hires Bankruptcy Expert

Resurgence Hires Bankruptcy Expert
The Alternative Investment
March 2001
By Pamela Appea

Resurgence Asset Management has brought on board Marc Kirschner, a former bankruptcy and restructuring attorney. He joins as a managing director and general counsel and will work on its deal team analyzing new investments, bankruptcy and restructuring issues.

The investment firm specializes in distressed company securities and caters mostly to institutional investors, including pension plans and endowments. Resurgence, which manages a $1.2 billion in assets, is part of M.D. Sass, a White Plains, New York-based investment management company.

In explaining the move, Kirschner said he has worked in law for 33 years and wanted to pursue a second career. Kirschner was most recently a bankruptcy and restructuring attorney at Jones, Day, Reavis & Poague and was based in the law firm’s New York office.

In his new position, Kirschner will report directly to James Rubin, cio at Resurgence.