New Office

Iron Capital Launches Wealth Management Division

Wendy Spires Deputy Editor 30 October 2009

Iron Capital Launches Wealth Management Division

San Francisco-headquartered Iron Capital, the venture-focused private equity services firm, has launched a new wealth management division to serve high net worth individuals.

Iron Capital Wealth Management will work in tandem with the Iron Capital Liquidity Desk, which helps clients seeking liquidity from shares and options in privately held companies, the firm said in a statement.

In addition, Iron Capital has partnered with an institutional wealth services firm to enable independent advisors to give their clients access to shares in private companies. Clients registered with the wealth services firm will also be able to access private shares from Iron Capital's inventory.

Iron Capital Wealth Management’s clients will not however be limited to venture and private equity investments as they will also be offered traditional portfolio management, including long-term investment allocation and tax and estate planning.

"Our clients face a unique challenge - they require sophisticated investment strategies but rarely have the time to be able to manage a complex set of investment needs. By combining our venture and private offerings along with more traditional investment strategies we are able to offer clients an end-to-end solution that removes the heavy lifting,” said Jason Blum, chief executive of Iron Capital Holdings.

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