INSIGHTS

Verus sharpening focus on OCIO

Verus to sell Strategic Partnership business to Goldman Sachs Asset Management; names Ian Toner Chief Investment Officer, and Max Giolitti Chief Risk Officer.

Verus has reached a definitive agreement to sell its Strategic Partnership business to Goldman Sachs Asset Management (“GSAM”). The key employees responsible for managing this business, including Jeffrey Scott, CFA and his team, will be joining GSAM. The transaction is anticipated to close in the next few months. Verus will retain their core business lines including the OCIO business not being transferred to GSAM, traditional consulting, risk management, and private markets consulting.

For more information, download the press release below.