Great Elm Group names former BlackRock director to board
By HME News Staff
Updated 10:19 AM CDT, Wed May 25, 2022
WALTHAM, Mass. – Great Elm Group has announced that David Matter has joined its board of directors and CEO Peter Reed has stepped down from the board. Matter was most recently a managing director at BlackRock, where he served as the co-chief investment officer of BlackRock Alternative Advisors (BAA), BlackRock’s Hedge Fund Solutions team. “We are delighted to welcome Dave Matter whose significant experience both in growing and managing investment management businesses will be a valuable addition to our Company as we continue our ambitious plan to grow assets under management,” said Jason Reese, executive chairman of GEG. “His expertise and insight will help distinguish GEG’s investment management platform as we seek to create long-term value for our shareholders.” At BlackRock, Matter chaired the BAA Investment Committee and was also a member of the BAA Management Committee and the Co-Investment Portfolio Management Group. He started his career as a financial analyst with American Funds-Capital Group and Bankers Trust, before joining Quellos Group in 1998.
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