Indianapolis, IN. The American Basketball Association (ABA) today named Peter J. Aiello, Chairman of Cimarron Capital Ltd, a New York-based company, as Financial Consultant to the league. “I’ve known Peter for many years,” stated ABA co-founder Joe Newman. “He has many years of experience in the financial and business industry with an unbelievable “rolladex” of contacts and is very knowledgable. We’re really excited to have him as part of the ABA team.”
With nearly 50 years in the investment banking industry, Mr. Aiello has represented The Merv Griffin Enterprises and headed the $900 million dollar acquisition of Resorts International outbidding Donald Trump. He helped develop International Equine Acquisition Holdings (IEAH), one of whom’s horses, Big Brown, won the Kentucky Derby.
“The ABA is a very interesting company,” added Aiello. “The potential is enormous in a wide variety of platforms. Our company will focus on helping the ABA to maximize its potential.”