Resolute Investment Managers, Inc. has successfully completed its previously announced recapitalization, marking a significant milestone for the diversified, multi-affiliate asset management platform. With over 30 affiliated and independent relationships, the company is now under new ownership by a consortium of investment funds affiliated with leading financial institutions.
The recapitalization is expected to bolster Resolute's financial position, providing a solid foundation for executing business strategies aimed at driving growth and achieving successful long-term investment outcomes for clients. Jeffrey K. Ringdahl, President and CEO of Resolute, expressed enthusiasm about the company's strengthened financial footing and the team's readiness to seize opportunities.
Ringdahl stated, “With the completion of our comprehensive recapitalization, Resolute is now on stronger financial footing and our team is eager to capture the many opportunities ahead to provide our clients with exceptional service and diversified investment solutions.”
Resolute aims to collaborate with its new investors to innovate and enhance capabilities, ensuring it can effectively meet the evolving needs of partners and the broader investment community. Ringdahl expressed gratitude for the support of stakeholders throughout the recapitalization process.
“The support of our stakeholders has been instrumental throughout this process, and we want to thank all parties involved for their confidence in our mission,” added Ringdahl.
