Square 1 Asset Mgmt Launches
A press release entitled, "Square 1 Asset Mgmt Launches," tells us, "Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced the launch of Square 1 Asset Management, a registered investment advisor. A subsidiary of Square 1 Bank, the firm is a cash management solution designed exclusively for corporations and their institutional investors. Focused on adding value through a client-centered process of understanding risk tolerance and investment objectives and providing individualized investment advice, Square 1 Asset Management offers clients customized solutions tailored to meet their unique corporate cash management needs. Adam Dean, seasoned asset management veteran, will lead the Square 1 Asset Management team as senior vice president and managing director. Mr. Dean brings over 15 years of experience in institutional asset management, including strategic, business development, and relationship management leadership as co-founder and president of SVB Asset Management, a division of Silicon Valley Bank. Mr. Dean will be based in Menlo Park, CA." Dean says, "Through the launch of Square 1 Asset Management, we are expanding the depth and breadth of products and services our growing client base expects from a premier commercial bank. Our goal, as with everything we do, is to provide clients with a better solution and experience than they can get anywhere else. Square 1 Asset Management will provide clients with superior service, industry-leading technology, and a highly-experienced leadership team, all on a very scalable platform. Our aim is to exceed the expectations of every one of our clients." The release adds, "The Square 1 Asset Management team also includes: Stefan Fencl, Vice President, Director of Investment Strategy. Mr. Fencl brings over 15 years of institutional cash management and financial services experience. He is recognized as an expert in short term fixed income markets and is a noted panelist on economics and investment strategies. Previously, he was senior portfolio manager and director of investment strategy at Capital Advisors Group. Michael Nguyen Vice President, Director of Credit Risk & Research. Mr. Nguyen has 15 years of extensive global experience in corporate credit, fixed income research, and structured finance. Previously, he worked closely with Mr. Dean as senior credit risk and research officer at SVB Asset Management."
