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Investor Economics

Asset International, Inc. appoints Joel Mandelbaum as CEO and President
August 20, 2015 | Investor Economics

NEW YORK, NY – August 20, 2015 – Asset International, Inc. (AI) announced the appointment of Joel Mandelbaum as CEO and President, and his purchase of a material investment interest in Asset International, Inc.

"This is an exciting time for Asset International and its 11 business units to engage more thoroughly with our clients, with whom we already enjoy deep, broad and collaborative relationships. We are dedicated to helping our clients and, in turn, deepen and broaden their offerings to their clients,” explained Mr. Mandelbaum.

Asset International provides data and research, and organizes events for the global asset management community through 11 respected business units, including:

— The leading provider of business intelligence and investment flow data for the mutual fund industry worldwide;
— The foremost thought leader in retirement security, speaking on behalf of corporate and public plan sponsors as well as the retirement plan advisers and consultants that guide them;
— The premier source of investment news, data and events for the world’s largest public and corporate pensions, nonprofits and sovereign wealth funds;
— The leading information resource for the international securities custodial industry;
— The leading content provider for electronic securities trading;
— A prominent independent provider of trade execution quality analysis;
— The premier provider of household wealth research and provider of market research and strategy to top financial firms in Canada;
— The leading provider of mutual fund data and compliance services in Germany; and
— The leading independent supplier of managed funds, retirement and life insurance market information in Australia.

Asset International was acquired by Genstar Capital in June 2014 and has already made significant investments in its next phase of growth, acquiring FWW in Germany and LiquidMetrix in the UK to expand its European presence and hiring CFO Carolyn Ullerick out of Reed Elsevier’s LexisNexis Group.

Mr. Mandelbaum continued, "Genstar Capital has generously provided an opportunity for me to assemble a world-class executive team of high performers from Asset International, colleagues with whom I have worked in the past and subject matter experts in various fields.”

Tony Salewski, Managing Director of Genstar Capital, added, "We’re very excited to be partnering with Joel in the next phase of the company’s evolution and to continue building the platform through an acceleration of organic, acquisition and internal startup-based growth. Equally important, we embrace Joel's history of creating value for his clients, opportunity for his staff and responsiveness to his financial partners."

Mr. Mandelbaum, a graduate of MIT, has deep experience delivering information and workflow solutions to financial services clients, having previously served as CEO of Wall Street Systems; CEO of Financial Sciences Corporation; President at Thomson Market Information Services, for which he oversaw eight business units of Thomson Corporation, now known as Thomson Reuters; and Chief Operations Officer of Dalcomp, now a part of IPREO. Most recently, Joel was an Entrepreneur in Residence at Warburg Pincus, another private equity firm.

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.

Investor Economics’ President and CEO, Earl Bederman, Announces Retirement
June 4, 2015 | Investor Economics

June 3, 2015, New York. Asset International, Inc. (AI), a leading provider of data, information and marketing solutions to the global asset management industry, and parent of Investor Economics, announced today that following an illustrious career, which included establishing and leading Investor Economics to become Canada’s premier provider of research, data and consulting services for the financial services industry, Earl Bederman has decided to retire effective July 1st. Goshka Folda, Senior Managing Director, will assume Earl’s responsibilities as President and CEO of Investor Economics.

“Goshka has been an essential component of Investor Economics’ growth and success since its inception more than 23 years ago. She is widely recognized as a thought leader in the Canadian wealth management business and her expertise and opinion are widely sought after by clients and industry leaders” expressed Mr. Bederman.  More recently, Ms. Folda has taken a significant leadership role in internal management and the strategic direction of Investor Economics’ business. “She brings passion, energy, high intellect and integrity to everything she does. Investor Economics will continue to flourish under her leadership,” said AI’s Chairman and CEO Jim Casella.

Mr. Bederman founded Investor Economics in 1992. By this time he had already been a pioneer in Canada’s wealth management business, having led a deposit-taker-owned mutual fund company, an asset manager and a strategic planning unit of a major deposit-taking institution. In addition to leading Investor Economics, Mr. Bederman is also a well-known commentator and objective observer of complex business issues, and a trusted confidante of industry executives across Canada. His career responsibilities and accumulated expertise encompass economic analysis and forecasting, retail and institutional asset management and consulting. Mr. Bederman was also a lecturer in financial management in the faculty of Administrative Studies at York University. In his retirement, Mr. Bederman will continue to be involved as a valued adviser to the financial services industry in Canada.

“Earl had a long-held belief that Canada’s financial services industry needed an organization to conduct fact-based measurement, competitive intelligence and insightful trend analysis. This belief led to the formation of Investor Economics in 1992. The Investor Economics team will proudly carry on Earl’s legacy of excellence and industry insight,” said Ms. Folda.

As part of the management transition, Carlos Cardone will be promoted to Senior Managing Director. Since joining Investor Economics in 2004, Mr. Cardone has progressively assumed more responsibility at the firm. A sought-after industry expert and popular speaker at client and industry conferences, Mr. Cardone leads a team responsible for Investor Economics’ investment funds, deposits and household balance sheet research.

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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 over 500 of the most prominent names in the asset management industry. Its recognized data brands include Strategic Insight, Investor Economics, Plan for Life, LiquidMetrix and Financial Webworks. AI’s portfolio of marketing solutions includes brands such as PLANSPONSOR, PLANADVISER, Chief Investment Officer, Global Custodian, and The Trade. The company is headquartered in New York and has offices in London, Stamford, CT, Hong Kong, Melbourne, Boston, Toronto, Munich and the San Francisco Bay Area. 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 $3 billion and targets investments focused on selected sectors within the financial services, software, industrial technology, and healthcare industries.

For More Information:
Susan Belle
Asset International
sbelle@assetinternational.com
617-670-4707

Asset International bolsters its global capabilities with acquisition of FWW in Germany
June 1, 2015 | Investor Economics

Asset International bolsters its global capabilities to help financial institutions grow their business and fulfill compliance requirements with acquisition of FWW in Germany

Combination enhances AI’s GRC and business intelligence capabilities globally.


June 1, 2015, New York. Asset International, Inc. (AI), a leading provider of data, information and marketing solutions to the global asset management industry, has acquired Financial Webworks (FWW), a Munich-based provider of fund data, regulatory documentation and marketing materials to fund distributors in Germany.

FWW’s market-leading suite of services to distributors such as banks and financial advisors includes Fund Data, FundListing, FundStars, Trends in Asset Management (TiAM), fondsweb, FoF Analyzer, HeatMaps and Fundscreen.  These tools enable advisors and investors to make sound investment decisions by providing them with transparent, up-to-date and correct fund information.

Matthias Rothe, Managing Director, FWW, commented, “Asset International’s support will enable FWW to expand our services beyond our traditional market and will also provide the opportunity to introduce German clients to AI’s robust global products and services”.

FWW’s operations and staff will remain in Munich, to be run as an independent unit of Asset International, under the leadership of joint Managing Directors Matthias Rothe and Marc Bonnet. The unit will report to John Lee, Managing Director – Europe, Asset International, who oversees another of Asset International’s recent GRC acquisitions, LiquidMetrix.

“FWW will provide us with an expanded footprint in continental Europe, allowing us to build and strengthen our customer relationships there”, said Jim Casella, Chairman and CEO of Asset International. He further added, “FWW offers products at a critical linkage between fund companies and their distribution partners, and we believe AI is in a great position to offer these products to our global customer base.”

John Lee, Managing Director – Europe, Asset International, commented, “FWW is the market leader for fund data in Germany with deeply-embedded customer relationships. We will continue to support and drive strong growth in its fund listing business, at the same time as expanding the breadth of FWW’s services to offer its customers access to AI’s full range of analytical tools.”

This acquisition comes just weeks after the firm announced another European deal, IFS/LiquidMetrix. Tony Salewski, Managing Director of Genstar, Asset International’s financial backer, commented, “Regulatory fundamentals underpin demand for FWW’s core products. That, along with attractive growth in the German mutual fund market, make this latest acquisition a solid fit for Genstar’s aggressive growth plans for AI.”

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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 over 500 of the most prominent names in the asset management industry. Its recognized data brands include Strategic Insight, Investor Economics, Plan for Life and LiquidMetrix. AI’s portfolio of marketing solutions includes brands such as PLANSPONSOR, PLANADVISER, Chief Investment Officer, Global Custodian, and The Trade. The company is headquartered in New York and has offices in London, Stamford, CT, Hong Kong, Melbourne, Boston, Toronto and the San Francisco Bay Area. 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 $3 billion and targets investments focused on selected sectors within the financial services, software, industrial technology, and healthcare industries.

For More Information:

John Lee
Asset International
jlee@assetinternational.com
+44 (0) 207 397 3823