Alice Ruth has agreed to join Quadrangle Group as a managing principal, and Quadrangle Asset Management as chief investment officer. She previously was CIO for the Gordon & Betty
Quadrangle Group LLC (“Quadrangle”), a private investment firm, announced today that Alice A. Ruth will join the firm as a Managing Principal of Quadrangle Group and Chief Investment Officer of Quadrangle Asset Management (“QAM”). QAM is an investment management business that provides comprehensive asset allocation and manager selection, plan implementation, and on-going risk management to meet the specified goals of its founding investors.
Ms. Ruth brings to Quadrangle significant investment management expertise and experience in launching new investment strategies. She most recently served as Chief Investment Officer of the Gordon and Betty Moore Foundation, where she oversaw the management of a $6 billion investment portfolio and supervised a team of investment professionals. Ms. Ruth was instrumental in launching the Gordon and Betty Moore Foundation, which seeks to advance environmental conservation and cutting-edge science around the world and to improve the quality of life in the San Francisco Bay Area, from its inception in 2000.
Steven Rattner, a Managing Principal of Quadrangle, said, “We are delighted to welcome
Ms. Ruth said, “I am very pleased to join Quadrangle and to work with such a talented group of investment professionals. Quadrangle is a highly respected investment firm with a tremendous track record and I look forward to working with my new colleagues to identify unique investment opportunities and generate attractive returns for QAM.”
Prior to joining the Gordon and Betty Moore Foundation, Ms. Ruth was Senior Managing Director, Co-Director Equity Research at Banc of America Securities/Montgomery Securities. Ms. Ruth received her BA from
About Quadrangle Group LLC
Quadrangle Group LLC is a private investment firm with more than $6 billion of assets under management. Quadrangle invests in media and communications companies through separate private and public investment strategies and across all asset classes through its asset management business. All investment strategies seek to maximize value by leveraging the investment team's extensive experience, knowledge and industry relationships. Quadrangle has offices in