Kevin Nee has joined Wilshire Associates as president of its private markets group. He previously was a managing director with BlackRock Inc.
Private capital markets veteran Kevin Nee has been named president of Wilshire Private Markets, announced Dennis Tito, Wilshire Associates founder, chief executive officer and chairman. Nee joins Wilshire Associates from BlackRock, Inc., where he was a managing director and member of the investment and management committees for the BlackRock Private Equity Partners team.
In his new post, Nee, who also has been named to the Wilshire Associates Board of Directors, will focus on consolidating and expanding Wilshire Private Markets’ domestic and international operations to better position the group for continued growth. The group currently has five offices in key financial markets around the world with more than $6.5 billion in discretionary portfolios under management. “Kevin’s 16 years of experience working in the international private capital markets arena, combined with his extensive background and proven ability in business development, made him the ideal candidate to lead Wilshire Private Markets moving forward,” commented Tito.
Prior to BlackRock’s acquisition of Quellos Group, LLC in the fall of 2007, Nee was a principal of Quellos, where he co-founded that firm’s private capital division. He also was a member of that division’s investment committee and portfolio management group, and served on the firm’s portfolio management group responsible for co-investment activities across alternative asset classes. Nee joined Quellos in 2001 and began his private markets career with INVESCO’s private capital group, where he managed fund-of-funds portfolios and participated in direct company investments. He also worked for Capital Z Investments.
A summa cum laude graduate of Villanova University with a Bachelor of Science degree in Finance, Nee received his Master in Business Administration degree with honors from Columbia Business School. He is also a Chartered Financial Analyst.
About Wilshire Associates
Wilshire Associates, a leading global independent investment consulting and services firm, provides consulting services, analytics solutions and customized investment products to plan sponsors, investment managers and financial intermediaries. Its business units include Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.
The firm was founded in 1972, revolutionizing the industry by pioneering the application of investment analytics and research to investment management for the institutional marketplace. Wilshire is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire’s strong analytics foundation. Wilshire developed the Wilshire 5000 Total Market Index(SM), the first asset/liability models for pension funds, the first U.S. equity style metrics work and many other “firsts” as the firm grew to approximately 350 employees serving the investment needs of institutional and high net worth clients around the world.
Based in Santa Monica, California, Wilshire provides services to clients in more than 20 countries representing approximately 600 organizations. With ten offices on four continents, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. Wilshire is a registered service mark of Wilshire Associates Incorporated. Please visit www.wilshire.com for more information.