RMB Capital (RMB), an independent investment and advisory firm with approximately USD9.3 billion in assets under management, has named five new partners – Kate Demet, Maher Harb, Brian Hettinger, Masakazu Hosomizu, and Jennifer Rydwelski.
The firm, which has grown to approximately 200 employees nationwide, now has 19 partners.
More than half of RMB’s employees have been hired in the past two years, and the firm’s assets under management have grown by approximately USD4 billion over the same timespan.
Founding partner, CEO and co-chief investment officer Richard M Burridge, Jr believes expanding the firm’s partnership is an essential component of its succession plan.
“We have built RMB Capital to remain independent and our investments in our people and infrastructure reflect that,” says Burridge. “Our partnership is a great example—we’ve added new partners each year since 2011. It’s rewarding for those individuals and a testament to the level of trust we have in each other. Importantly, though, it’s meaningful for clients because it demonstrates that we are preparing our next generation of leaders to run the business for many years to come.”