UPPER SADDLE RIVER, N.J., Nov. 17, 2014 /PRNewswire/ -- Seix Investment Advisors LLC, a subsidiary of RidgeWorth Capital Management LLC, is pleased to announce the hiring of James Boothby as a Managing Director, Head of Endowment & Foundation Sales.
In this capacity, Boothby will focus on sales and marketing activity directed at endowments and foundations in North America, with a particular emphasis on entities that have investable assets in excess of $250 million. Working in concert with Seix's existing institutional sales and client service team, Boothby's direct sales activities will broaden Seix's distribution reach to large endowments and foundations, as well as to family offices and certain outsourced chief investment officer entities ("OCIO").
"This position, and the hiring of Jim, will help RidgeWorth Investments continue to evolve and expand," said Ashi S. Parikh, RidgeWorth Chief Executive Officer and Chief Investment Officer. "His specialized experience with endowments and foundations makes him a valuable addition to the RidgeWorth team at a time when we have specifically identified these entities as an attractive growth opportunity for Seix, given the evolving nature of fixed income allocations by many endowments and foundations."
Boothby spent the last three years at Palisade Capital Management, most recently serving as a vice president of institutional sales. There, he was responsible for business development with large endowments and foundations and fund-of-fund entities throughout the U.S. and Canada, including the marketing of alternative fixed income strategies. Among other previous affiliations, he served as Director, Institutional Sales with Aviva Investors where he marketed traditional and alternative fixed income strategies to a broad universe of institutional investors.
"Jim's role is a new one for Seix, and one we are very excited about. We believe the focus of the position will help us better serve our existing endowment and foundation clients and will help our business strengthen and grow," said Patrick Mc Nelis, Managing Director and Head of Global Distribution & Client Service. "Given Jim's strong relationships in the Endowment & Foundation community, he will be a great asset to Seix and RidgeWorth as we move into the future."
Boothby earned a BA degree (with honors) in Economics from the University of Liverpool (UK).
About Seix Investment Advisors LLC
Seix Investment Advisors LLC is a $31.3 billion fixed income asset management boutique, as of September 30, 2014, whose product offerings span the broad investment grade and leveraged finance markets, to include both traditional and alternative fixed income strategies. The firm provides investment management services to a growing client base that includes endowments, foundations, corporations, healthcare organizations, public funds, insurance companies, and high net worth individuals, in the US and abroad. Seix is a registered investment adviser with the SEC and is an independently managed and autonomous subsidiary of RidgeWorth Capital Management, Inc.
About RidgeWorth Investments
RidgeWorth Investments serves as a holding company that owns interests in six investment boutiques with approximately $45.3 billion of assets under management as of September 30, 2014. RidgeWorth's investment boutiques manage a wide variety of investment disciplines across the fixed income, equity, and liquidity management asset classes. Our boutiques provide investment management services to a growing client base that includes endowments, foundations, corporations, healthcare organizations, municipalities, public funds, associations, insurance companies, labor unions and high net worth individuals. In addition, RidgeWorth serves as the investment adviser to the RidgeWorth Funds mutual fund family. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc., an investment adviser registered with the SEC headquartered in Atlanta. For more information about RidgeWorth, visit www.ridgeworth.com.
© 2014 Seix Investment Advisors LLC is a registered investment adviser with the SEC and member of the RidgeWorth Capital Management, Inc. network of investment firms.
© 2014 RidgeWorth Investments. RidgeWorth Investments is the trade name for RidgeWorth Capital Management, LLC, an investment adviser registered with the SEC and the adviser to the RidgeWorth Funds. RidgeWorth Funds are distributed by RidgeWorth Distributors LLC, which is not affiliated with the adviser. Collective Strength. Individual Insight. is a federally registered service mark of RidgeWorth Investments.
SOURCE RidgeWorth Investments