Cascades
Michael Y. Liu, CFA, has extensive experience in the finance industry, primarily focused on asset-backed securities (ABS) and collateralized debt obligations (CDO). Currently serving as Managing Director at Guggenheim Securities since February 2011, Michael has progressed through various roles in the company, including Director, Vice President, and Associate. Prior to Guggenheim, Michael worked as an Analyst in Omnium Knowledge Management at Citadel LLC from July 2008 to February 2011 and gained experience as a Research Analyst at Brighton House Associates in 2007. Michael holds a Bachelor of Arts degree in Economics from the University of Chicago, completed in 2009.
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Cascades
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Cascades Inc. (Cascades) is a Canada-based company that produces, converts and markets packaging and tissue products consisting of recycled fibers. The Company operates through four segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes the Company's Packaging Products) and Tissue Papers. The Containerboard segment is a manufacturer of containerboard and converter of corrugated products in North America. The Boxboard Europe segment is engaged in manufacturing coated boxboard in Europe. The Specialty Products Group manufactures industrial packaging, consumer packaging products, and is also involved in recovery and recycling. The Tissue Papers segment operates units that manufacture and convert tissue papers for the Away-from-Home and consumer products markets. In Europe, Cascades operates the La Rochette mill in France that produces coated boxboard made of virgin fiber, with a total annual production capacity of approximately 165, 000 metric tons.