Pennsylvania-based investment firm Hirtle Callaghan has opened an office in San Francisco and named Dan Eagan as a director in its portfolio management group. Eagan, who will be based in the San Francisco office, previously worked at Alliance Bernstein where he served as a managing director.
February 16, 2017, West Conshohocken, PA – Hirtle Callaghan, pioneers of the Outsourced Chief Investment Officer (OCIO) model with over $20 billion under management, announces it has established a presence in San Francisco with the addition of Dan Eagan who has joined the firm as a Director in its Portfolio Management Group. In this role, Mr. Eagan will grow the firm’s existing client base in Northern California and apply Hirtle Callaghan’s distinctive capability in building complete, custom-designed solutions for families and institutions. He will be based at a newly established San Francisco office and will work closely with Hirtle Callaghan’s Scottsdale, Arizona office to expand their presence on the West Coast.
“I have known Dan for nearly two decades; his deep investment expertise combined with his commitment to clients completely align with our partnership culture. He will play an important role in both serving clients and enhancing the effectiveness of our solutions as we continue to build a second-to-none, global, investment management firm that truly places clients first,” said Ranji Nagaswami, Chief Executive Officer of Hirtle Callaghan.
Mr. Eagan has spent his 30-year investment career building portfolios for both institutions and family groups. He most recently served as a Managing Director at Alliance Bernstein, where he served as both the lead contact servicing institutional client relationships as well as head of the wealth management group. Prior to that he served as a Senior Portfolio Manager and Co-Head of Domestic Equities at BlackRock and as an Institutional Consultant at Mercer Investment Consulting. Eagan’s appointment follows the appointment of Ranji Nagaswami as Chief Executive Officer in August 2016.
“Almost 30 years after we pioneered the conflict-free investment management model – it remains a revolutionary concept. At Hirtle Callaghan, everything starts with the client. What does that client need? How can we use our collective expertise, purchasing power, and access to achieve it? Our kind of sophisticated, custom-designed investment solution can only be delivered through professionals like Dan Eagan. His integrity, talent, experience and highly developed ability to engage with clients define what we are looking for in a professional. We are thrilled that Dan is joining our team,” added Jon Hirtle, co-founder and Executive Chairman of Hirtle Callaghan.
About Hirtle Callaghan
Hirtle Callaghan is a 21st century, global investment management institution known for its client-centric, performance-driven culture and its conflict-free business model. As an organization of Chief Investment Officers, Hirtle Callaghan sells no products. Rather, the firm uses collective purchasing power and aggregate expertise to design and manage complete, custom-designed investment programs for family and institutional investors. These programs are executed through best-in-class independent money managers and specialized index funds designed by Hirtle Callaghan. Multi-manager hedge fund and private equity pools are included, when appropriate, but without a fund-of-funds fee.
Now in its 29th year, Hirtle Callaghan, America’s First Outsourced Chief Investment Officer®, supervises over $20 billion of family, endowment, foundation, healthcare and pension assets in 46 states.
For more information, please visit www.hirtlecallaghan.com.