Asset International Announces Hiring of Nine Executives and Staff in Support of Expansion Plan

The fast-growing information and data provider to the asset management industry—and Chief Investment Officer's parent company—strengthens its resources.

Asset International (AI), a global leader in providing critical data, business intelligence, and information services to the worldwide investment management industry, today announced the hiring of five executives, two senior staff, and two advisors in support of the growing global demand for rapidly delivered insightful, relevant, and reliable market intelligence and data.

Joel Mandelbaum, Chief Executive Officer of Asset International stated, “This is a big step toward creating the global leader of business intelligence and digital media in the investment management space. This is a proven team with deep commercial experience and repeated success. Included among the firms from which they joined Asset International are: Bloomberg, Bottomline Technologies, Openlink, Ion Trading, and Cerulli Associates. These joiners, when coupled with our excellent staff and deep client community, will drive this business far, and enable us to help our clients advance their objectives with their clients.” Mr. Mandelbaum’s appointment as CEO and President of Asset International was announced in late August this year.

Tony Salewski, Managing Director at Genstar Capital, Asset International’s majority investor, said, “Genstar is excited about the increased depth of talent and experience these new hires bring to Asset International. AI presents an exciting opportunity for growth in the asset management space and we believe the decision by our new executive team members to join AI is an endorsement of Joel’s proven track record and the significant and growing value we provide to our clients.”

“Only a sponsor with a long-term view on value creation and confidence in the company and the team would embrace such a swift and material investment in people. I am thrilled to be working with such a partner in Genstar Capital and to be reunited with this team” said Mr. Mandelbaum.

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Every day, with its data, analytics, media, and research, the 11 business units of Asset International touch 175,000 professionals across 1,000 clients that include almost all of the world’s largest asset owners, asset managers, custodians, and corporate retirement plan sponsors with aggregate assets in excess of $30 trillion. Every month, Asset International’s business units conduct client transaction cost analysis, examining 500 million equity, fixed income, and foreign exchange trades with an aggregate value of $2 trillion dollars.

Among the announced appointments are:

Terry Beadle as Chief Revenue Officer responsible for Sales, Account Management, Professional Services, and Client Support and member of the Executive Committee. Most recently, Mr. Beadle was at Bloomberg. Prior to Bloomberg, Mr. Beadle held various executive positions at Wall Street Systems including Managing Director of Professional Services, Managing Director of Treasury Systems Products and Managing Director of Global Treasury Sales.
Tony White as Chief Content Officer, Global Product Manager and member of the Executive Committee. Most recently, Mr. White was Business Development Director at Bottomline Technologies. Prior, Mr. White held various executive positions at Wall Street Systems including Managing Director of Software Development, Managing Director of Account Management and Managing Director of FX Trading Products, including the Wallstreet FX platform and the Electronic Settlement Network.
Andrew Guillette as Chief Data and Research Officer, Global Product Manager, and member of the Executive Committee. Most recently, Mr. Guillette was Chief Operating Officer of Cerulli Associates and has held various asset management research, planning, and marketing positions with Columbia Investments, John Hancock, and Fidelity Investments.
Garry Hodnett as Director of Human Capital. Most recently, Mr. Hodnett was Director of Human Resources at Ion Trading. Prior, Mr. Hodnett was Director of Human Resources at Wall Street Systems.
Leonie Alsop as Director of Global Marketing. Most recently, Ms. Alsop was SVP, Global Head of Marketing at OpenLink Financial. Ms. Alsop was the former Global Head of Marketing Operations at Temenos and Global Head of Marketing at Wall Street Systems.
Seth Cohen as Senior Advisor to the Executive Committee. Mr. Cohen was formerly the CFO of Newtek Business Services, Inc. and a Trustee of the City of New York’s Public Pension Funds.
Allison Joy Phillips was appointed Executive Assistant to the CEO. Ms. Phillips was formerly a sales professional at SuperDerivatives, Ion Trading and Wall Street Systems.
Joel Mandelbaum also announced that Avi Nachmany has been appointed Senior Advisor to Strategic Insight, which he founded 30 years ago and where he was most recently Executive Vice President, Director of Research.
John Lee has been appointed Advisor to Global Custodian, The Trade and LiquidMetrix. John Lee founded The Trade 10 years ago and was most recently Managing Director, Europe for Asset International.

About Asset International

Asset International (AI) provides critical data, business intelligence, and information services to the global investment management industry. AI delivers proprietary data and analytics, as well as marketing solutions that target global asset managers. The company’s client base includes more than 500 of the most prominent names in the asset management industry. Its recognized data brands include Strategic Insight, Investor Economics, Corporate Insights, LiquidMetrix, FWW, and Plan for Life. AI’s portfolio of leading editorial titles includes brands such as PLANSPONSOR, PLANADVISER, Chief Investment Officer, Global Custodian, and The Trade. The company’s headquarters are in New York and it maintains offices in Stamford, CT; Boston; the San Francisco Bay area; London; Toronto; Munich; Melbourne, Australia; and Hong Kong. AI is backed by Genstar Capital. For more information, visit www.assetinternational.com.

About Genstar Capital

Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for more than 20 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of operating executives and strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar manages funds with total capital commitments of over $5 billion and targets investments focused on selected sectors within the financial services, software, industrial technology, and healthcare industries.

London’s local authority pensions have received regulatory approval for their pooled funding vehicle and will launch their first sub-fund within the next four weeks.

“Throughout next year and beyond we will be opening more sub-funds covering the full spectrum of asset classes in response to the boroughs’ needs.”Three pensions have pooled money to back a global equities fund, to be run by Allianz Global Investors and set to be launched before Christmas.

In a statement released today, the London Collective Investment Vehicle (CIV) confirmed it had been fully authorised as an investment entity by the UK’s regulator, the Financial Conduct Authority.

A further eight sub-funds will be opened by the end of March 2016, said Hugh Grover, the London CIV’s chief executive. This would bring the CIV’s total assets to roughly £6 billion ($9.1 billion) as it aims to cater for all major asset classes.

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The CIV is backed by all 32 London public pensions, as well as the Corporation of London, and will be available to other local authority funds once it is fully established.

“It has been a real privilege to be leading this ground-breaking project on behalf of the London boroughs,” Grover said. “Overall the boroughs have some £25 billion of assets and throughout next year and beyond we will be opening more sub-funds covering the full spectrum of asset classes in response to the boroughs’ needs.”

“London local government has been leading the way in developing proposals for greater collaboration across the local government pension schemes,” added Mayor Jules Pipe, chair of London Councils. “I am extremely proud of what has been achieved by everyone involved in setting up London CIV, which is already delivering significant financial benefits for the boroughs, the pension scheme members and local taxpayers.”

The CIV was established under the UK’s new authorised contractual scheme rules, allowing tax-efficient investment funds to be domiciled in the UK.

UK Chancellor George Osborne is pushing the country’s public pensions towards pooling their assets and has targeted collaborative vehicles of £25 billion to £30 billion. Primarily, he wants these pooled assets to be available for infrastructure investment, but the Treasury currently has little power to force investment in specific asset classes.

However, several pensions have expressed interest in accessing infrastructure and other alternative asset classes, which is made easier through scaling up assets.