Mesirow Appoints Matt McCormick to Enhance Capital Formation Strategy

Mesirow's Strategic Appointment

Mesirow, an independent and employee-owned financial services firm based in Chicago, has made a significant move by appointing Matt McCormick as the new Managing Director of Capital Formation and Currency Solutions. This strategic appointment signals a robust effort by Mesirow to amplify its presence within the North American institutional markets, particularly focusing on enhancing its offerings in private capital and currency management.

Background of Matt McCormick

Matt McCormick comes to Mesirow with over two decades of extensive experience in institutional sales, distribution, and consulting. Most notably, he served as the Head of Institutional Sales for North America at Alger Management, where he managed a dedicated distribution team and oversaw client relationships within both institutional and consultant channels. His impressive resume also includes leadership roles at renowned firms such as Barings LLC, Janus Henderson Investors, and AllianceBernstein, L.P. His well-rounded background equips him with the skills needed to foster deep connections with sophisticated investors and develop effective market strategies.

Focus on Capital Formation and Currency Solutions

In his new role, McCormick is set to concentrate on marketing and distributing Mesirow’s private capital and currency capabilities to institutional investors and consultants across North America. His appointment is indicative of Mesirow’s ongoing commitment to expanding its institutional relationships, which is particularly crucial in today's dynamic investment landscape. McCormick's expertise will theoretically empower Mesirow to provide tailored solutions that meet the evolving demands of institutional investors.

David Schrock, Senior Managing Director and Global Head of Mesirow Capital Formation and Currency Solutions, expressed enthusiasm over this new addition. He stated, “Matt's leadership experience and deep institutional relationships align perfectly with Mesirow's client-first approach. His proven ability to build trust with sophisticated investors will be a tremendous asset as we continue to broaden our institutional reach.”

Commitment to Alternative Investments

Mesirow's focus does not only rest on traditional investments; it reflects a comprehensive approach toward private capital and alternative investments. Following the acquisition of Bastion Management in December 2024, which now operates as Mesirow Alternative Credit, the firm is reinforcing its capabilities in the alternatives market. This strategic move aims to deepen its footprint in private markets, providing investors with a diversified suite of investment solutions.

McCormick himself mentioned the excitement he feels about joining Mesirow during such a pivotal period in its growth. “Mesirow's entrepreneurial spirit and commitment to partnership resonate deeply with me,” he noted, emphasizing his eagerness to help institutional clients access quality investment solutions.

About Mesirow Capital Formation and Currency Solutions

Mesirow Capital Formation and Currency Solutions offers institutional investors tailored services, including specialized currency management and partnerships for private capital. The team prides itself on its high-touch service, closely partnering with investors, consultants, and internal stakeholders to ensure that their long-term risk and return objectives are achieved effectively. With a dedicated focus on delivering strategic insights and customized solutions, Mesirow aims to be at the forefront of meeting the complex needs of today’s institutional clients.

A Legacy of Service

Founded in 1937, Mesirow has consistently positioned itself as a leader in the financial services sector, combining independence with an employee-owned structure to foster a unique culture that emphasizes service and social good. The firm’s ability to adapt and evolve has garnered it several accolades, including recognitions such as one of the Best Places to Work in Chicago by Crain's Chicago Business multiple times and securing a spot on Barron’s Top 100 RIA firms.

For more information on Mesirow and their myriad services, you can visit mesirow.com and connect with them on LinkedIn. Stay updated by subscribing to their quarterly newsletter, Spark, for insights and updates about their innovative strategies and solutions in the financial realm.