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Hirtle Callaghan opens New York office

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Privately held investment firm Hirtle Callaghan has opened its first New York office.

Privately held investment firm Hirtle Callaghan has opened its first New York office.

Randall S. Burkert, former head and co-founder of the global institutional group at Goldman Sachs, has joined Hirtle Callaghan and will serve as head of the new office.

Located at 57th Street and Madison Avenue, the office will enable Hirtle Callaghan to serve its New York clients more effectively. In addition to its headquarters in suburban Philadelphia, Hirtle Callaghan has offices in Atlanta, Boston, Chicago, Phoenix and Pittsburgh.

‘This is an important strategic step for us,’ says Jonathan Hirtle, chief executive of Hirtle Callaghan. ‘It is time for us to have a more significant presence in New York. We’ve been referred to as ‘Wall Street idealists’ for our unusual emphasis on both performance intensity and a genuine fiduciary ethos. We also like to say that we are going to change the investment industry, one relationship at a time. Where better to demonstrate that commitment than the financial capital of the world?’

Burkert joined the equities division of Goldman Sachs in 1989. He was one of the original members of the Goldman Sachs Trust Company. He served in the company’s institutional sales force in New York from 1992 to 1999 and ran the equities summer associate programme from 1996 to 1999. From 1999 through 2009 Burkert co-founded and managed the global institutional group.

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