Former CSAM Execs Create Investment Firm

February 11, 2002 ( - Two former executives of Credit Suisse Asset Management have opened an investment advisory firm in New York City.

G. Moffett Cochran will serve Silvercrest Asset Management Group LLC as chairman and chief executive officer, while Martin Jaffee was named chief operating officer.

Firm organizers say they will concentrate on high net-worth investors with investable assets of over $25 million, foundations, endowments, and other institutional clients.

According to the press release, Silvercrest intends to offer a limited range of “in-house” core equity and fixed income management capabilities that will be complemented by outsourced traditional and alternative investment capabilities.

The firm will maintain a database of asset managers specializing in traditional, hedge fund, real estate and private equity products in order to offer and advise clients on a complete range of  investments.