LOS ANGELES--(BUSINESS WIRE)--Saban Capital Group, Inc. (SCG), the private investment firm specializing in the media, entertainment, and communications industries, today announced the appointment of Greg Ivancich as Chief Financial Officer (CFO), effective immediately. Mr. Ivancich, who will be based in their Los Angeles office, will report directly to Adam Chesnoff, President and Chief Operating Officer of SCG.
“We are very pleased to welcome Greg to our team,” said Adam Chesnoff. “Greg’s leadership and vast experience will certainly prove invaluable as we continue to grow and expand our investment activities.”
Mr. Ivancich joins SCG from Exeter Property Group, a Pennsylvania-based real estate private equity firm, where he served as Principal and a founding partner of Exeter’s international business and held roles overseeing financial reporting, capital raising, operations and acquisitions including functioning as COO/CFO of Europe. Prior to Exeter, Mr. Ivancich spent his career as an investment banker to the real estate industry where he advised public and private companies on IPOs, mergers and acquisitions, and public capital markets transactions. His roles included Director of Real Estate Investment Banking at Barclays and Executive Director of Real Estate Investment Banking at Morgan Stanley.
Greg brings his wealth of experience to work closely with the Saban Real Estate team in addition to utilizing his expertise in all of SCG’s financial affairs. Mr. Ivancich will succeed Fred Gluckman, who served as SCG’s CFO since 2010.
About Saban Capital Group
Saban Capital Group ("SCG") is a leading private investment firm based in Los Angeles specializing in the media, entertainment, and communication industries. SCG was established by Haim Saban, co-founder of Fox Family Worldwide, a global television broadcasting, production, distribution and merchandising company owned in partnership with Rupert Murdoch and The News Corporation, following its sale to The Walt Disney Company in October 2001. The firm currently makes both controlling and minority investments in public and private companies and takes an active role in its portfolio companies. SCG's current private equity investments include: Univision (the premier Spanish-language media company in the US); Celestial Tiger Entertainment (a venture with Lionsgate and Astro, Malaysia’s largest pay TV platform, to launch and operate new branded pay television channels across Asia); MNC (Indonesia's largest and only vertically-integrated media company); and Partner Communications (a leading telecommunications company in Israel). Saban Brands LLC, an affiliate of SCG, was formed in 2010 to acquire, manage and license entertainment properties and consumer brands across media and consumer platforms globally, and currently holds the rights to Power Rangers and Paul Frank Industries in its portfolio, among many others. Additionally, SCG founded Saban Films in 2014 to acquire and distribute independent feature films in North America. With offices in Los Angeles and Singapore, SCG actively manages a globally diversified portfolio of investments across public equities, credit, alternative investments, and real property assets. For more information, please visit www.saban.com.