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Has Clinton Group Dropped The Ball At Campus Crest?

A slap in the face of sorts to The Clinton Group, Campus Crest Communities ($CCG) has retained management consulting firm Alvarez & Marsal North America and placed two executives from that company at the helm.

CCG board approved the appointment of David Coles as interim chief executive and John Makuch as chief financial officer. Both men are managing directors for Alvarez & Marsal. 

Previous Clinton + Campus Crest coverage, Mar. 10, Activist Investor Now In The Student Housing Business