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Carl Marks Establishes New Healthcare Business Unit
Date:6/4/2008

expertise in guiding healthcare organizations, including as chairman of the board for a large New York City medical center and as director and chairman of a public benefit corporation that owns and operates healthcare facilities in the state of New York. In 2006, he was awarded the United Hospital Fund's prestigious Healthcare Leadership Award of New York City.

"We're pleased to join Carl Marks, a respected advisory services firm that has made great strides in assisting a broad range of companies to achieve ongoing success," said Payson. "We intend to build upon the firm's long-standing accomplishments to offer our healthcare clients the best solutions toward sustaining viability in an industry currently confronted with so many tribulations."

Carl Marks Healthcare Partners is located within the offices of Carl Marks & Co. at 900 Third Avenue, 33rd Floor, New York, NY 10022-4775. For more information on CMHP, visit http://www.carlmarkshealthcare.com.

About Carl Marks

Carl Marks is among the country's leading investment and advisory services firms. The company began as a dealer of foreign securities in 1925 and branched out to include a range of specialized services, including corporate revitalization, investment banking, distressed securities, private equity, real estate and asset management.


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SOURCE Carl Marks & Co. Inc.
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