NEW YORK--(BUSINESS WIRE)--Cornerstone Capital Management (“Cornerstone”), a global institutional advisory firm, today announced the appointment of James Wylie as senior vice president, global head of distribution. Mr. Wylie will lead the firm’s distribution, marketing, consultant relations and client service practices. This includes a primary focus on growing Cornerstone’s institutional business globally.
Mr. Wylie joins Cornerstone from Newton Capital Management LLC where, as head of North America, he led commercial sales, distribution and client servicing business in the region. Prior, Mr. Wylie oversaw business development as executive managing director and chief marketing officer at Turner Investment Partners. Additionally, he held the position of executive vice president, global head of sales and marketing at Acadian Asset Management where he was responsible for the firm’s global distribution efforts. Prior to joining Acadian, Jim held senior positions at Pilgrim Baxter & Associates, The Blackstone Group and Barclays Global Investors.
Mr. Wylie has a Bachelor of Arts in International Relations and Economics from Colgate University and a Masters of Business Administration from Fuqua School of Business at Duke University.
“We are pleased to welcome Jim to our team and excited about the opportunity to expand our institutional business under his leadership,” said Andrew Wyatt, chief executive officer and founder of Cornerstone. “With nearly three decades of industry experience, Jim brings tremendous knowledge and expertise that will significantly drive the expansion of our institutional efforts and strengthen our position in the marketplace.”
“The addition of Jim to the Cornerstone team exemplifies our dedication to bringing our high quality strategic equity and liquid alternative solutions to institutional investors worldwide,” added Herman Abdul, Cornerstone’s chief operating officer.
About Cornerstone Capital Management
Cornerstone Capital Management is the marketing name for the asset management activities of Cornerstone Capital Management LLC and Cornerstone Capital Management Holdings LLC, registered investment advisers based in Minneapolis and New York. Cornerstone Capital Management is affiliated with the Investments Group of New York Life Insurance Company, a Fortune 100 company and one of the largest life insurers in the world*. Cornerstone manages $16.8 billion in assets as of December 31, 2015.
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/15/15. For methodology, please see http://fortune.com/fortune500/.