HOUSE_OVERSIGHT_012050.jpg
927 KB
Extraction Summary
4
People
6
Organizations
1
Locations
2
Events
2
Relationships
1
Quotes
Document Information
Type:
News article / web printout
File Size:
927 KB
Summary
A Bloomberg article from October 4, 2017, details Greg Fleming's appointment as CEO of the newly formed Rockefeller Capital Management. The firm, created in partnership with the Rockefeller family office, is set to be acquired by Viking Global Investors. The document is stamped with a House Oversight Bates number.
People (4)
| Name | Role | Context |
|---|---|---|
| Greg Fleming | Incoming CEO |
Former Morgan Stanley executive becoming CEO of Rockefeller Capital Management.
|
| Jennifer Surane | Author |
Bloomberg reporter.
|
| Simone Foxman | Author |
Bloomberg reporter.
|
| James Gorman | CEO |
CEO of Morgan Stanley who indicated he would stay on, prompting Fleming's departure.
|
Organizations (6)
| Name | Type | Context |
|---|---|---|
| Viking Global Investors |
Hedge fund backing the new firm and becoming majority owner.
|
|
| Rockefeller Capital Management |
New wealth-management firm created with the Rockefeller family office.
|
|
| Rockefeller family office |
Joining with Fleming to create the new firm.
|
|
| Morgan Stanley |
Former employer of Greg Fleming.
|
|
| Merrill Lynch & Co. |
Former employer of Greg Fleming.
|
|
| Bloomberg |
Source of the article.
|
Timeline (2 events)
2017-10-04
Announcement of Viking Global backing Rockefeller Wealth Firm led by Fleming.
New York
2018 (Early)
Expected completion of the deal where Viking Global acquires Rockefeller Capital Management.
New York
Locations (1)
| Location | Context |
|---|---|
|
Location of the 'New York-based company' (Rockefeller Capital Management).
|
Relationships (2)
Fleming left Morgan Stanley after Gorman indicated he planned to stay on at least five more years.
Fleming is joining with the Rockefeller family office to create a wealth-management firm.
Key Quotes (1)
"Many wealthy families own companies that they need to take public or sell... They’re looking for strategic advice, and they’re looking for interesting investments."Source
HOUSE_OVERSIGHT_012050.jpg
Quote #1
Full Extracted Text
Complete text extracted from the document (1,754 characters)
11/14/2017
Viking Global to Back Rockefeller Wealth Firm Led by Fleming - Bloomberg
Viking Global to Back Rockefeller Wealth Firm Led by Fleming - Bloomberg
Viking Global to Back Rockefeller Wealth Firm Led by Fleming
By Jennifer Surane and Simone Foxman
October 4, 2017, 6:12 AM PDT
Updated on October 4, 2017, 9:48 AM PDT
October 4, 2017, 6:12 AM PDT
Updated on October 4, 2017, 9:48 AM PDT
-> Ex-Morgan Stanley executive Greg Fleming to be firm's CEO
-> Hedge fund to become majority owner of high-net-worth adviser
-> Hedge fund to become majority owner of high-net-worth adviser
Greg Fleming, a former top executive at Morgan Stanley, is joining with the Rockefeller family office to create a wealth-management firm that will be backed by Viking Global Investors.
Fleming will be chief executive officer of Rockefeller Capital Management, an adviser to the ultra-wealthy that will be acquired by Viking Global after the deal is completed early next year, the New York-based company said Wednesday in a statement . Terms weren't disclosed.
Fleming, 54, who was most recently president of Morgan Stanley Wealth and Asset Management, left the Wall Street firm last year after CEO James Gorman indicated he planned to stay on at least five more years and installed an older deputy in the bank's No. 2 position, people with knowledge of the decision said at the time. Before joining Morgan Stanley, Fleming was president of Merrill Lynch & Co.
Replay
In addition to wealth and asset management, the new company will create a unit focusing on advising large multinational companies, Fleming said in a phone interview.
'Strategic Advice'
“Many wealthy families own companies that they need to take public or sell,” he said. “They’re looking for strategic advice, and they’re looking for interesting investments.”
https://www.bloomberg.com/news/articles/2017-10-04/viking-global-to-back-rockefeller-wealth-firm-led-by-fleming
1/4
1/4
HOUSE_OVERSIGHT_012050
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document