January 30, 2025
Get in touch with the team
Learn more about our unique approach to transition management.
Point of contact: Will Greene, Senior Vice President, Equity Division
Get in touchExperience
Team Structure
The Difference Maker
Experience
We began providing transition management services in 2003 to assist existing investment management and pension clients to meet their cash flow requirements. Within a short time, we expanded those services beyond one-sided events to provide a broad range of transition services involving multiple asset classes. Over the course of nearly 20 years, our team has encountered the most complex of markets and transactions, allowing them to have the confidence and expertise to help meet our client’s transition objectives.
Today we remain one of the few firms with a dedicated transition management team that’s committed to alleviating the administrative burdens of a transition event while offering the highest caliber of project management, trade execution and complete transparency.
Team Structure
Our transition management team is comprised of experienced portfolio strategists that are supported by a seasoned global equity and fixed income trading group, skilled operations professionals, and a knowledgeable compliance team constructed to provide layers of risk management, timely settlements, and compliance oversight to assure the protection of its client’s assets throughout the transition period.
The Difference Maker
As a transition manager with nearly 20 years of experience in providing transition services to clients, we believe our client focused philosophy distinguishes our transition services from others in the marketplace by:
- Aligning Goals: We are an agency-only fiduciary that accepts and reports using industry accepted reporting metrics, assuring our goals are aligned with our clients’ goals.
- Commitment to Transparent Reporting: Before, during, and after the transition, we provide reporting and communication, with full transparency to all relevant parties.
- Unconflicted Access to Liquidity: We do not have any financial interest in any dark pool or alternative liquidity sources.
- No Equity or FX Proprietary Trading: We do not have internal desks who trade equities and foreign exchange principally. Our client’s orders are our only orders.
- Commitment to the Business: In a time when many firms are reducing headcount or exiting the business completely, we continue to invest in our transition management team and add to our footprint through technology enhancements and personnel.
- Proven Track Record: Our transition team has produced consistent results over time. For the past five years, 86% of transitions completed were within one standard deviation of their pre-trade cost estimate.
- Compliance Oversight: All contracts and reports are reviewed by our compliance team to assure they deliver and adhere to the agreed upon contractual obligations.