Wilshire Associates Acquisition is Completed, Hires Former CEO of FTSE Russell
Posted on 01/14/2021
New York-based CC Capital is a private investment firm focused on investing in and operating businesses for the long term, and Motive Partners, a private equity firm focused on technology-enabled financial services companies, announced the close of the acquisition of Wilshire Associates, an investment consulting and advisory firm.
The leadership team at Wilshire will be augmented by a number of new executive hires, coordinated by the buyers to drive additional value to clients, including the new Chief Executive Officer, Mark Makepeace, Founder of FTSE International and former Chief Executive Officer of FTSE Russell, the global index provider that he grew from inception to be a leading global player. Andy Stewart, an Industry Partner at Motive Partners, joins as Chief Innovation Officer, having previously co-led BlackRock’s Alternative Investment platform. Jody Kochansky, an Industry Partner at Motive Partners, joins as Chief Technology Officer, having previously served as Head of the Aladdin Product Group at BlackRock. Aladdin is an operating system for investment professionals that powers every aspect of the investment process, and Mr. Kochansky was responsible for defining and implementing the vision for the platform used globally by BlackRock and many of BlackRock’s largest clients. Nick Teunon, formerly the Chief Financial Officer of FTSE International, joins as Chief Financial Officer.