Emigrant Partners hopes for growth with strategic hires, team expansions

investmentnews.com:

New opportunities for wealth and alternative asset managers is the focus of Emigrant Partners, and the firm is aiming for new growth with the expansion of its headcount.

The specialist capital and strategic advice provider to RIAs has announced that Jason Ehrlich has joined as managing director and head of investments. He was most recently with $20 billion AUM private equity firm TowerBrook Capital Partners as a senior principal responsible for leading investments across the financial services industry.

His team will be further enhanced by former Emigrant Bank vice president Sam Grewal as vice president of Investments. The family-owned Emigrant Bank, New York City’s oldest savings bank, is the owner of Emigrant Partners.

Meanwhile, Mark Bruno joins as managing director and head of strategic advisory, and Sam Grewal joins as vice president of investments. He was previously the managing director of the Wealth Management Group at Informa, where he oversaw the group’s media, research, and events businesses.

The new hires will accelerate organic and inorganic growth for Emigrant Partners and its network of 20 wealth and asset management firms which have a collective AUM of $95 billion.

“As the wealth and asset management industries continue to grow and transform rapidly, it is critical that the knowledge, vision and perspectives among our team evolve and transform as well,” said Jenny Souza, president and CEO of Emigrant Partners. “Jason and Mark are true students of both industries and will play a critical role in shaping the future growth and success of Emigrant Partners, as well as our current and future partner Firms.”