GTCR has partnered with David Minella to establish Aligned Asset Managers (AAM) in Connecticut. The U.S. private equity firm’s new business will take equity stakes in alternative and traditional money management firms. Illinois-based GTCR is also planning to invest around $200 million of equity capital to support the strategy. Minella, who will serve as CEO of AAM, was formerly CEO at Value Asset Management.
Click here for the release from Business Wire.