ZRG Acquires Jamesbeck, Enhancing Capabilities in Asset Management
18 Julio 2024 - 4:55AM
ZRG, a global talent advisory firm, today announced the acquisition
of Jamesbeck, a leading U.S.-based recruitment firm specializing in
senior-level talent for the broad investment management community
across private market and traditional firms.
This strategic move aims to establish ZRG’s
presence in asset management and will support the firm’s existing
private markets clients by adding a new channel for senior roles at
the management company level across investments, product, and
fundraising.
With this acquisition, ZRG Partners significantly
enhances its financial services brand by adding a team dedicated to
asset management while providing a complement to the breadth of
work already underway with private equity portfolio companies
through executive search, interim, and RPO solutions. This
strategic fit aligns with ZRG’s goal to be the foremost partner to
private equity firms globally, handling all their talent needs, as
well as a leader in the broader dynamic asset management space.
The acquisition comes on the heels of ZRG
completing a $120 million debt raise with Main Street Capital,
underscoring the firm’s commitment to growth and its mission to be
a disruptive force in the talent advisory and executive recruiting
sector.
"The acquisition of Jamesbeck is a game-changer for
ZRG. This takes us to a new level in financial services and more
specifically investment management and enhances our ability to
support private markets firms at both the portfolio company level
and the management company level,” said Larry Hartmann, CEO of ZRG.
“Our goal is to be a leading partner in all talent matters for
private markets firms globally, and this acquisition is a
significant step in that direction."
With the acquisition, Melissa Norris and Beth
Rustin will become the Co-Heads of Asset Management search at
ZRG.
"Joining forces with ZRG is an exciting opportunity
for Jamesbeck,” said Melissa Norris, Managing Partner at Jamesbeck,
about the acquisition. “We have always been committed to delivering
exceptional talent solutions to our clients across the front
office, but being part of ZRG will enable us to broaden our reach
and impact, leveraging their extensive resources and innovative
approach to talent advisory."
The acquisition of Jamesbeck propels ZRG further
into the forefront of the talent advisory and executive recruiting
sector, continuing its trajectory as a disruptive force dedicated
to delivering unparalleled talent solutions.
About Jamesbeck
Jamesbeck is a leading executive recruitment firm
that specializes in the investment management industry across
public and private markets. The firm recruits senior-level talent
across investing, distribution, product and C-suite positions on
behalf of a range of clients from boutiques to the largest
multi-product organizations. Jamesbeck is renowned for its deep
industry knowledge and commitment to client success.
About ZRG
ZRG is a global talent advisory firm that provides
executive search, interim solutions, and RPO services across
various industries. Known for its data-driven approach and
commitment to excellence, ZRG Partners is dedicated to delivering
top-tier talent solutions to its clients.
About RFE Investment Partners
RFE Investment Partners is a private equity firm
focused on making control investments in established small market
companies located in the U.S. RFE is a long-standing firm founded
in 1980 with over 40 years of experience investing in the lower
middle market. The firm’s investment strategy is to transform its
portfolio companies from the lower end of the market to fully
professionalized and market-leading middle-market companies. RFE is
currently investing out of Fund IX. For more information, visit
www.rfeip.com.
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Contact: John Mooney, Over the Moon PR, (908)
720-6057, john@overthemoonpr.com