Rockefeller Capital Management announced Thursday that it has entered into an agreement to acquire Greenwich, Conn.-based Greer Anderson Capital LLC, a private investment management firm serving ultra-high-net-worth families and individuals, as the latest step in the family office’s growth strategy. Last month, Rockefeller announced the addition of its first team of financial advisors to its high-net-worth wealth management business. Greer Anderson heads, Philip Greer and Gary Anderson, will join the Rockefeller Global Family Office.
“This is Rockefeller’s first acquisition and illustrative of our strategy to add companies that serve similar clientele with the finest thinking, advice and service,” said Gregory J. Fleming, president and CEO of Rockefeller Capital Management.
“By becoming part of Rockefeller, we will join a firm with values similar to our own, and with capabilities that align well with our clients’ needs,” said Anderson. “Phil and I look forward to joining the Global Family Office, contributing to its long legacy of service to successful families.”
Before co-founding Greer Anderson, Greer was a founder and senior managing partner of Weiss Peck & Greer, which managed more than $20 billion and was sold to Holland-based Robeco in 1998.
Anderson had served as Greer Anderson’s chief investment officer and managing partner since its founding in 2008. He was also the previous director of investments for the Tulane University Endowment.