Private equity investor FFL has completed an investment in asset management firm Strategic Investment Group. Terms were not released. The partners of Arlington, Va.-based Strategic Investment Group retain a “significant financial interest” in the company, according to a press release. FFL is based in San Francisco.
FFL, a private equity firm focused on growth investments, today announced that it has completed an investment in Strategic Investment Group, a leading institutional asset management firm with more than $29 billion of assets under management. Terms of the transaction were not disclosed. The partners of Strategic Investment Group retain a significant financial interest in the company and will continue to manage operations.
Founded in 1987 and headquartered in Arlington, Virginia, Strategic Investment Group provides investment outsourcing services for institutional and private investors. The firm’s proprietary process combines active portfolio management, rigorous risk management and open-architecture manager selection. Strategic Investment Group’s clients include corporate pension funds, healthcare systems, non-U.S. government entities, foundations, endowments and wealthy families.
“FFL will be a supportive and intelligent financial partner as Strategic Investment Group continues to grow and help our clients meet the challenges of today’s evolving investment environment,” said Hilda Ochoa-Brillembourg, President, CEO and Chief Investment Officer at Strategic Investment Group. “Our proven investment process will remain in place, as will key investment staff, including the founding partners of the firm.”
“We are very pleased to be partnering with the Strategic Investment Group management team,” added Tully Friedman, Chairman and CEO of FFL. “They are exceptionally good investors and have developed a strong track record over the past 25 years.”
FFL has deep experience investing in the financial services industry. “We had been proactively targeting the rapidly growing investment outsourcing sector for some time,” FFL Managing Director, John Tudor, added. “We’re thrilled to be investing in the leading firm in the space.”
About Strategic Investment Group
Strategic Investment Group provides fiduciary investment outsourcing solutions through a comprehensive approach to managing customized portfolios for institutional and private investors. Strategic’s proprietary process combines active portfolio management, rigorous risk management, and open architecture manager selection.
Strategic functions as clients’ investment partner and co-fiduciary, effectively becoming an extension of their resources. Clients are free to focus on their core businesses while Strategic focuses on providing the highly specialized portfolio management expertise clients need to meet their investment goals. Depending on a client’s needs and preferences, Strategic can orchestrate the management of an entire portfolio comprising multiple asset classes, focus on specific asset classes, such as alternatives (hedge funds, real estate and/or private equity) or international investments, or manage strategies with high potential for adding value, such as portable alpha, through investor-friendly turnkey structures. Customized liability-driven investing (LDI) solutions, whether through an integrated total portfolio approach or targeted long duration strategy, are also available.
Strategic’s comprehensive, governance-centered approach includes specialized expertise, professional focus, customized service, and a full range of administrative support. Strategic’s goal is to make a meaningful difference to the success of each client’s investment program. For more information, visit www.strategicgroup.com.
FFL is a San Francisco-based private equity firm with approximately $2.5 billion under management that is focused on investing in U.S. middle-market companies. Formed in 1997, FFL’s strategy is to invest in market-leading companies that generate high returns on invested capital and that have strong, defensible competitive positions, attractive growth prospects and outstanding management. Representative investments include: Tempur-Pedic International, Milestone AV Technologies, CapitalSource, Korn/Ferry International and GeoVera Insurance Group.