Spark | 2Q2023
In this issue: Gain insights on the capital markets, explore the recent rise in Central Bank Digital Currency and what that means for the US dollar, understand how parents can help their college-bound children with financial and life planning and listen to tips on how to navigate financial planning at different stages of life.
Commercial aviation demand persists, but supply chain issues linger
The M&A climate for the Aerospace & Defense continues to face macroeconomic uncertainty and tight capital markets. While we expect these conditions to persist in 2023, there remains potent interest in diversified, well-performing businesses, particularly those servicing established commercial airframe platforms or government agreements on programs of record.
If you’re not at the table, you’re probably on the menu
Eleven nations have issued central bank digital currencies, a digital form of a government-issued currency that is legal tender but isn’t backed by gold or silver (like US dollars). Mesirow Currency Management’s new report reveals how the US’s lack of decision around issuing a central bank digital currency will affect the dollar’s status as the world’s major reserve currency.
College Checklist: Five tips for parents
Going away to college is a terrific opportunity for young adults, allowing them to live independently, become financially responsible and make critical life decisions. Help your child navigate some important financial planning and life issues as you prepare to send them off to college.
Tiffany Irving on WGN Radio “Your Money Matters”
Host Jon Hanson and Tiffany Irving, CFP, CEPA Senior Vice President and Wealth Advisor at Mesirow Wealth Management, discuss financial planning at different life stages and the impact of divorce on finances.
Richard S. Price named to Chicago’s Mayoral Transition Team
Mayor Brandon Johnson appointed Mesirow Executive Chairman Richard Price as a co-chair to the new administration’s transition committees and sub-committees. We are proud of Richard’s continued civic leadership.
Media Highlights
Crain’s Chicago Business | April 27, 2023 (requires subscription)
Brandon Johnson Names Transition Committee Co-Chairs
Kansas City Business Journal | April 6, 2023 (requires subscription)
Omni Systems Acquires ITW Labels, Expanding into Three New States
Journal of Urgent Care Medicine
New Data reinforce the Case: Urgent Care Reduces Emergency Room Traffic
Label & Narrow Web | May 18, 2023
Mesirow Advises Standard Bag on Sale to Gelpac
Pensions & Investments | May 18, 2023 (requires subscription)
Chicago Firemen’s Annuity taps Mesirow to Run Smidcap Equities
The Cornell Daily Sun | May 24, 2023
Cornell STEM Majors Reflect on College Experience, Post Graduation Plans
Reuters News | May 24, 2023
Global Pension Funds Eye Currencies for Additional Returns
Produce Grower | June 2023
Upcycling Isn’t Just for Clothing and Furniture – It Also Includes Food Products
Pensions & Investments | June 15, 2023 (requires subscription)
Mesirow Financial Brings on 2 Executives to Expand Investment Services
EuroMoney | June 28, 2023 (requires subscription)
T+1 Sets Up Headache for Cross-Currency Trades
Spark
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