SNJ Business People

GormanThayer LLC Evolves into Hidden River Capital LLC

06/29/09

  GormanThayer changes its name to Hidden River Capital and introduces Saralinda Sabloff as the firm’s newest partner. Mark Gorman, Founder, explains that the name change is reflective of the firm’s growth and evolution: “our name change captures our expanded presence and the addition of experienced Investment Banking professionals”. He further comments that the new name is derived from one of the firm’s primary guiding principals: “we seek to work with each of our clients to find and unlock hidden sources of value”.
  The Hidden River team believes that maximizing value is about understanding the unique goals of each of its clients and delivering the right alternatives and solutions.  In turn, they transform those solutions into actions, seeking to dramatically improve results.
  The name also has historical significance. Legend has it that the Schuylkill River means hidden river, named by the Dutch explorers who had failed to discover the river on their first pass, as it was concealed by dense vegetation. Hidden River Capital also unveils a new logo – a fly fisherman wading in a river. The logo reflects the firm’s view that like fly fishing, there is a high level of skill and expertise in pairing companies and general partners with investors that are not only compatible but additive.     

  •   This month we continue to track some key metrics that create a snapshot of the regional economy. As you look at the statistics, remember that they will represent the most recent data available (to us), so if you have something that is more up-to-date or more accurate, please let us know.
      Here’s our look at where the region stands at the mid-way point of the third quarter.
      Casino revenues for July were up from June by almost $80 million, but still off from 2009 levels by 5%.

  •   As you know, this year, your favorite regional business publication has turned its attention from profiling South Jersey’s “People to Watch” to “Projects to Watch.”
      Specifically, we’re going county-by-county and looking at the development and redevelopment Projects to Watch, including (when we can) the most important projects completed in the last 12 months, the most important projects underway, and the most important projects on the drawing board.