IRVING, Texas--(BUSINESS WIRE)--Resolute Investment Managers, Inc. (“Resolute” or the “Company”), a diversified, multi-affiliate asset management platform with more than 30 affiliated and independent relationships, today announced the completion of its previously announced recapitalization. Under new ownership by a consortium of investment funds affiliated with leading financial institutions, Resolute has enhanced its ability to execute its business strategies to drive growth and deliver successful long-term investment outcomes for its clients.
“With the completion of our comprehensive recapitalization, Resolute is now on stronger financial footing and our team is eager to capture the many opportunities ahead to provide our clients with exceptional service and diversified investment solutions,” said Jeffrey K. Ringdahl, President and CEO of Resolute. “Partnering with our new investors, we look forward to continuing to innovate and strengthen our capabilities to meet the needs of our partners and the evolving investment community.”
“The support of our stakeholders has been instrumental throughout this process, and we want to thank all parties involved for their confidence in our mission,” added Ringdahl.
About Resolute Investment Managers
Resolute Investment Managers, Inc. is a diversified, multi-affiliate asset management platform with affiliated and independent relationships with more than 30 investment managers. Driven by future value creation, Resolute offers a unique platform that delivers strategic benefits through a full suite of distribution, operational and administrative services that may be leveraged by its affiliates. With roots as an unaffiliated sub-advised mutual fund sponsor, the majority of Resolute’s partnerships are with asset managers who invest and operate with full autonomy and independence. Resolute’s affiliates include American Beacon Advisors, Inc.; National Investment Services of America, LLC; RSW Investments Holdings, LLC; Shapiro Capital Management LLC and SSI Investment Management LLC. As of September 30, 2023, the affiliated companies of Resolute had $75.4 billion in assets under management. For more information, please visit www.resolutemanagers.com.
