Thomas Weisel Partners Group, a global investment bank, and its affiliate, Thomas Weisel Asset Management (TWAM), have formed a strategic alliance with Geologic Resource Partners (GRP). TWAM is expected to consult and guide GRP in asset gathering, operations, compliance and administration. GRP will assist TWAM in building out its asset management capabilities in the Natural Resource sector.
Thomas Weisel, chairman and CEO of Thomas Weisel Partners, said: TWAM intends to establish its capabilities in the Natural Resources sector and global commodities markets, as we continue to focus on the emerging market economies. The new relationship with GRP complements our existing small cap expertise and leverages our deep domain experience in the Natural Resource sector.
George Ireland, president and chief investment officer of GRP, commented: GRP is pleased to partner with TWAM as the relationship will assist our company to enhance the quality of our investment platform and access a broader universe of potential investors in a thoughtful manner.
Thomas Weisel Partners Group provides equity and convertible debt securities sales and trading services to institutional investors, and offers brokerage, advisory and cash management services to high-net-worth individuals and corporate clients.
