Los Angeles, CA, and Chicago, IL

Palm Tree LLC (“Palm Tree”), the single-source provider of integrated consulting and investment banking services for private equity firms and businesses, is pleased to announce the promotions of Alex Jiang, Alex Savitt, and Mitch Steffens to Director within the firm’s Investment Banking practice.

These promotions recognize their leadership in advising private equity sponsors and companies through complex transactions and their meaningful contributions to Palm Tree’s investment banking platform.

Collectively, Jiang, Savitt, and Steffens bring more than 30 years of combined experience across investment banking, private equity, corporate finance, and advisory services, supporting M&A transactions and capital solutions for clients. They have contributed to the continued growth of Palm Tree’s investment banking practice, which has closed transactions with an aggregate value exceeding $2.5 billion.

“Jiang, Savitt, and Steffens have earned the trust of our clients and the respect of their colleagues through consistent execution and sound judgment across a wide range of complex transactions,” said Stephen Rossi, Senior Managing Director at Palm Tree. “Director is an important milestone in an investment banker’s career, and each of them has demonstrated the leadership, work ethic, and client-first mindset that define our practice. I’m proud of what they’ve accomplished and excited to see them continue to grow as leaders within the firm.”

The promotions reflect Palm Tree’s continued investment in building a deep bench of leaders who help private equity sponsors and businesses navigate complex transactions and unlock value.