ABS Global Investments Appoints Steve DiMaio as Head of Private Wealth Management

New hire supports strategic expansion into RIA and HNW channels

NEW YORK, July 29, 2025 /PRNewswire/ -- ABS Global Investments ("ABS"), an $8.8 billion investment management firm (as of 6/30/25) known for its differentiated approach across global equities, emerging markets, and late-stage private opportunities, is pleased to announce the appointment of Steve DiMaio as Head of Private Wealth Management. DiMaio's addition marks a pivotal step in ABS's engagement with RIAs and high-net-worth (HNW) investors as the firm prepares to expand its late-stage private companies offering.

With a track record of investing globally and in emerging markets, and a sourcing model that leverages a top-tier network of private market partners, ABS has developed a unique platform for accessing both public and private market opportunities. DiMaio's expertise will help bring this institutional-quality access and liquidity to institutional and private wealth investors.

Laurence Russian, Founder and Managing Director, commented: "Expanding into private wealth is a natural extension of our platform. We believe ABS is uniquely positioned to deliver institutional-caliber private market access to RIAs and HNW clients, with external sourcing partners from around the world."

DiMaio brings over 30 years of strategic distribution experience to ABS. Most recently, he served as the Head of the RIA Channel at Brookfield Oaktree Wealth Solutions, where he built their RIA distribution group for the private wealth marketplace. 

"Steve brings the entrepreneur's mindset and deep private wealth expertise needed to lead this next phase at ABS," said Jon Feinberg, Managing Director. "His leadership will be instrumental in forging trusted partnerships and scaling our reach within the RIA and private wealth communities."

DiMaio added, "I'm thrilled to join ABS at such a transformative time. The firm's access to differentiated deal flow—both public and private—is unique. ABS's integrity, research-driven approach, and long-term mindset deeply resonate with what advisors and clients seek today."

With its established Emerging Markets capabilities and growing lineup of private markets strategies, ABS offers a comprehensive suite of solutions tailored to the evolving needs of private wealth investors.

About ABS Global Investments

ABS Global Investments specializes in sourcing alpha opportunities across global equity strategies. The firm currently manages approximately $9 billion across all its strategies (as of 6/30/25). With offices in Stamford, CT, Hong Kong and Zurich, ABS often identifies specialized investment managers from around the world early in their life cycle. This advantage is enhanced by the firm's proprietary system, The ABSolute, which organizes research, due diligence, and risk management processes. As a majority employee-owned firm, ABS is defined by every employee's accountability, engagement, and owner mindset, the team's diligence and collaboration, and leadership's longevity and stability. By focusing on niche global equity strategies, ABS delivers commingled and customized products to institutional and high-net-worth investors. For more information, visit www.absinv.com.

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SOURCE ABS Global Investments