The move, said Presidio Group founder Brodie L. Cobb, comes a year after the launch of the firm’s dedicated institutional practice targeting client organizations with endowment funds in the $100 million to $2 billion range and highlights Presidio’s effort to develop a service portfolio that “feels like a client’s internal investment office.”
As chief business officer, Colgan will take on the administrative and operations functions for Presidio’s OIO, including business development, strategy, marketing communications, client services, compliance and other key areas.
Previously, Colgan worked in a series of positions at Barclays Global Investors—continuing after that company’s acquisition by BlackRock in 2009 and eventually gaining responsibility for more than $200 billion in assets. Most recently, Colgan served as managing director and team leader for BlackRock’s U.S. and Canada Institutional Group.
Colgan holds a bachelor’s degree in international business administration from the Institut Superieur de Gestion in Paris. She also holds NASD Series 7 and 63 licenses, as well as an NFA Series 3 license.