New York Multi-Family Office Rena Group Changes its Name
New Amsterdam Group, LLC is the new name for a New York-based multi-family office and private asset management group The Rena Group, LLC.
The
Company continues to expand and is pleased to announce the addition of
Mr. Kevin Heaton as a Partner of the firm and Mr. Laurence Norton, Jr.
and Mr. Ric Saalwachter as recent additions to its Board of Advisors.
Additionally, Mr. Sean Mulrenan has joined the firm as a Senior Analyst.
Kevin
Heaton will be focused primarily on real estate asset management. He
brings over fifteen years of experience providing counsel to families
and privately-held companies invested in both public and private assets
with a concentration in real estate. Most recently his efforts have been
focused on managing the intricacies of 1031 Exchange transactions as
well as the acquisition and "turn-around" of underperforming real estate
assets. Starting his career in 1996 as a wealth management advisor with
Merrill Lynch, Mr. Heaton developed effective wealth management
strategies for high net worth families and closely-held private
companies, including structuring credit facilities, multi-generational
transition planning, and transactional advise to families, investors,
and employee stock ownership plans (ESOPs). In 2004 Mr. Heaton joined
Bucephale Asset Management, a Swiss-based $250 million hedge fund of
funds, where he was responsible for developing the firms' presence in
the United States.
Source: GlobeNewswire