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Silvercrest Asset Management Names Acting Chief Executive

Eliane Chavagnon

26 November 2013

has named its president and chief operating officer Richard Hough as acting chief executive, following the death of chairman, CEO and co-founder, G Moffett Cochran, last week.

"Silvercrest extends its deepest condolences to Moffett's family," the firm said in a statement.

Silvercrest Asset Management Group was founded in April 2002 as an independent, employee-owned registered investment advisor.

The firm - which has offices in New York, Los Angeles, Boston and Charlottesville - provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors.

As of September 30, 2013, the firm reported assets under management of $14.6 billion.