2022-09-06 | NDAQ:GEG | Press Launch

WALTHAM, Mass., Sept. 06, 2022 (GLOBE NEWSWIRE) — Nice Elm Group, Inc. (“we,” “us,” “our,” the “Firm” or “GEG”) (NASDAQ: GEG), a diversified funding administration firm, at present introduced Nichole Milz has joined the Firm as Chief Working Officer, chargeable for managing the operations of the Firm and its portfolio firms. Mrs. Milz’ tasks embrace growing and overseeing an institutional high quality operations division at Nice Elm to help the expansion of its funding administration enterprise.

“On behalf of the board and the Nice Elm staff, we’re happy to welcome Nichole to our group,” mentioned Jason Reese, Government Chairman of GEG. “We consider her veteran expertise managing the operations of well-known asset managers will assist us in our mission to develop and diversify our enterprise throughout a number of asset lessons.”

Mrs. Milz joins Nice Elm Group with over 20 years of expertise within the asset administration trade. Most just lately, Mrs. Milz spent 16 years at Magnetar Capital the place she labored in varied senior operations, finance and technique roles. At Magnetar, she served as Deputy Chief Working Officer and ESG Officer of the Power and Infrastructure Group in addition to a member of the Power & Infrastructure administration committee. Mrs. Milz additionally served as Treasurer of Star Peak Power Transition Corp. and Star Peak Corp. II, two various energy-focused Particular Function Acquisition Companies. Previous to Magnetar, Mrs. Milz spent 4 years at Citadel as Head of Capital Construction Evaluation, a staff supporting the International Credit score group in monetary modeling and elementary credit score evaluation. She started her profession in Assurance & Advisory Enterprise Companies at Ernst & Younger. Mrs. Milz obtained a Grasp of Skilled Accountancy and Bachelor of Enterprise Administration with honors from the McCombs Faculty of Enterprise at The College of Texas at Austin in 1997.

Mrs. Milz said, “I’m very excited to tackle this position and be a part of the entrepreneurial staff at Nice Elm as we work collectively to strategically develop and diversify our core enterprise.”

About Nice Elm Group, Inc.

Nice Elm Group, Inc. (NASDAQ: GEG) is a publicly-traded holding firm that’s constructing a enterprise throughout two working verticals: Funding Administration and Working Firms. Nice Elm Group, Inc.’s web site could be discovered at www.greatelmgroup.com.

Protected Harbor Assertion underneath the Non-public Securities Litigation Reform Act of 1995

Statements on this press launch which can be “forward-looking” statements, together with statements relating to income, Adjusted EBITDA, anticipated development, profitability, acquisition alternatives and outlook contain dangers and uncertainties which will individually or collectively impression the issues described herein. Buyers are cautioned to not place undue reliance on any such forward-looking statements, which communicate solely as of the date they’re made and symbolize Nice Elm’s assumptions and expectations in gentle of at the moment accessible info. These statements contain dangers, variables and uncertainties, and Nice Elm’s precise efficiency outcomes could differ from these projected, and any such variations could also be materials. For info on sure elements that might trigger precise occasions or outcomes to vary materially from Nice Elm’s expectations, please see Nice Elm’s filings with the SEC, together with its most up-to-date annual report on Type 10-Okay and subsequent studies on Kinds 10-Q and 8-Okay. Further info regarding Nice Elm’s monetary place and outcomes of operations can be contained in Nice Elm’s annual and quarterly studies filed with the SEC and accessible for obtain at its web site www.greatelmgroup.com or on the SEC web site www.sec.gov.

Investor Relations Contact:

Michael Kim / Garrett Edson

[email protected]

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