BraddockMatthews LLC and Grace Point Partners announced that they are joining forces to form the preeminent executive search firm to serve the asset management industry. The firm will continue to serve clients across traditional and alternative asset management, including hedge fund, private equity, endowment and foundation, and family office organizations.

The new firm will be known as BraddockMatthews and have offices in midtown Manhattan and Boston. Grace Point founder Lisa Steele and BraddockMatthews partners Derek Braddock, Bill Matthews and Erin Carroll will co-lead all firm-related activities. They are supported by the research, execution and administrative teams that come from both firms.

Derek Braddock stated, “Grace Point Partners is a highly respected firm that fits seamlessly from both a capabilities and cultural standpoint. Lisa and her team, including Rachel Bethlahmy, have a well-deserved reputation for excellence, particularly in building the capital-raising and overall client-facing capabilities of leading alternative asset management firms. We are thrilled to bring our strengths together to take our combined business to the next level. The asset management industry is facing unprecedented challenge and opportunity, and our firm will be ideally positioned to help our clients address and solve their increasingly complex needs.”

“Grace Point and BraddockMatthews are a perfect combination,” said Lisa Steele. “Our businesses are complementary on so many fronts, which gives us the ability to offer both deeper and broader capabilities to our clients across asset management. Together we have a truly differentiated value proposition, anchored by both firms’ reputation for working relentlessly to deliver for our clients.”

Bill Matthews stated, “Both of our firms are known for having uniquely deep industry knowledge, as well as for placing extraordinary talent that helps to build and transform client organizations over time. At the new BraddockMatthews, every assignment will continue to be Partner-led and executed, and we will work under our shared values of integrity, accountability, and continuously pursuing the best possible results for clients and candidates of the firm.”

SOURCE: BraddockMatthews