DALLAS--(BUSINESS WIRE)--LCM Group, and its asset management subsidiary LCM Global Partners, LLC (“LCM”) announces its expansion to Dallas and the addition of a new senior executive. LCM, an alternative asset management firm, plans to open a Dallas office this August at the Old Parkland office campus. LCM is expanding from its current location in Tampa, FL to the vibrant alternative asset community in Dallas, and specifically, locating with industry peers at Old Parkland.
LCM is also pleased to announce the addition of Heath Flock as Managing Director and Partner. Mr. Flock will be bringing partner level engagement to all aspects of the LCM asset management business including serving on the Portfolio Investment Team and LCM’s Investment Committee. Mr. Flock will also provide additional strength and leadership to LCM’s business development efforts. Mr. Flock will be joining the firm at its new Dallas office, along with the firm’s founder D. Scott Luttrell and the entire LCM investment team.
“Heath brings a robust background in alternative asset management, both on the investment and business development sides of the industry. We are thrilled Heath has decided to join us as a Partner with the firm,” said D. Scott Luttrell, LCM’s Founder and Chief Investment Officer
“I am excited for the opportunity to build upon LCM’s long track record of success in the alternative sector, especially with regards to its multi-manager hedge funds and the firm’s more recent expansion into the liquid alternatives arena,” said Mr. Flock. “The liquid alternatives segment of our industry is rapidly expanding, and the proprietary multi-asset investment models LCM has developed are a compelling way for investors to access superior risk-managed allocations throughout market cycles, particularly as market volatility is bound to resurface. I have great respect for LCM’s founder, Scott Luttrell, and the team he has put in place. I look forward to working with the firm to enhance business growth and refine and develop the product offering.”
Mr. Flock comes to LCM from CMT Asset Management where he served as Managing Director and Portfolio Manager. Mr. Flock’s duties at CMT included management of CMT’s hedge fund and private equity portfolios, chairman of CMT’s Investment Committee, and Managing Director of business development. Prior to his time at CMT, Mr. Flock was a Director in Portfolio Management at Equity Office Properties (“EOP”). Prior to EOP, Mr. Flock was a Consultant with Bain & Company. Mr. Flock earned his undergraduate degree from the University of Nebraska and his MBA from Harvard Business School.
Founded in 1988, LCM Group (www.lcmglobal.com) has a long and highly successful history as an asset management firm specializing in alternative investments including hedge funds, fund of funds and liquid alternative investment portfolios that employ a multi-asset allocation approach utilizing ETF’s. LCM’s years of experience and skill in alternative investing, coupled with an emphasis on risk management and capital preservation, provides its investors with a unique opportunity to partner with a firm that places a premium on education, the client relationship, and the care of the client’s capital.
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