That's the bottom line.
Stability is an important issue when it comes to developing relationships.
We have many teams, including our Private Equity professionals, that have been working together at Mesirow Financial for more than a decade. This low turnover not only builds cohesive teamwork but also enhances our understanding of our clients' long-term needs. We have been working with client Swingles Furniture Rental, Inc. for a number of years, providing insurance services and investment services as well as assisting with an acquisition several years ago. Last year, we were able to further strengthen our relationship by making a private equity investment in the company, which was looking to grow its business. Because of the capital-intensive nature of the furniture rental market, Swingles was in need, for the first time, of an institutional equity partner.