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The firm’s employees own over 20% of Allspring’s equity.
He will help grow the sustainable multi-asset solutions team.
He was previously head of DC multi-asset solutions at Aon Investments.
He will be responsible for developing and strengthening Vontobel’s U.S. strategic distribution partnerships.
The transaction is expected to close by the end of the second quarter in 2022.
One works with defined contribution plans in all aspects of plan evaluation and the other works with clients to facilitate asset allocation studies, liquidity and scenario analyses, manager searches, performance measurement and other projects.
The fund is a non-diversified, closed-end fund that invests primarily in income-producing equity securities issued by infrastructure companies.
A follow-up note from a marketer helped win the manager win a mandate, showing that the little things can lead to big money for asset managers.
The transaction is expected to close late this year.