Tiger Group Online Auction Features Office Assets Of Investment Managers Aletheia Research & Management

--Company filed for Chapter 11 bankruptcy protection in November; assets include state-of-the-art furnishings, computers, network and teleconference systems, and artwork

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Tiger Group

Mar 25, 2013, 10:31 ET

LOS ANGELES, March 25, 2013 /PRNewswire/ -- Tiger Group's Remarketing Services division will be auctioning assets from the offices of investment managers Aletheia Research & Management, Inc., which filed for Chapter 11 protection last November in the U.S. Bankruptcy Court, Central District of California (Los Angeles). The online sale features one-of-a-kind, custom furnishings and artwork, as well as state-of-the-art computers, network and teleconference systems from a $5 million expansion of the firm's Santa Monica offices that was completed in 2010.

Bidding is now underway at www.SoldTiger.com and will close in rapid succession, live auction style, on April 2 at 10:30 a.m. PT. All of the assets have been relocated for the sale to 13565 Larwin Circle in Santa Fe Springs, Calif., where a preview will be held from 9:00 a.m. to 4:00 p.m. on April 1.

"This auction of Aletheia's high-end furniture and equipment represents an extraordinary opportunity for companies, designers, decorators and private individuals," said Jeff Tanenbaum, president of Tiger Remarketing.

Featured assets being auctioned include more than 100 Mac products, including Mac Pro, Mini and iMac computers and large format displays; custom-made executive office and conference room furniture, and data center workstations; high-definition televisions, home theatre systems and other electronics; telephone, networking and video conferencing equipment; and more than 20 pieces from Aletheia's privately acquired collection of contemporary and traditional art.

For complete details and digital images of specific inventory items, visit www.SoldTiger.com.

About Tiger Group

Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger's collaborative, straight-forward approach is the foundation for its many long-term 'partner' relationships and decades of success. Tiger operates offices in Los Angeles, Boston and New York. To learn more about Tiger, please visit www.TigerGroup.com.

SOURCE Tiger Group