HighTower, an open-source, advisor-owned financial services company serving high net worth clients, announced today that it further capitalized for future growth with a $100m equity financing.
This second round financing was led by Asset Management Finance, DLB Capital, and other incumbent investors.
Commenting on the financing, Drew Kornreich, President of HighTower, said: “”DLB Capital has been with HighTower since the beginning.
“We value their participation as we continue to Ā expand, and thank them for their continued confidence and support, both through their significant investment and through Doug Brown’s involvement as Co-Chairman”.
Douglas Brown, Chairman and CEO, DLB Capital is the Co-Chairman of HighTower.
The company is headquartered in Chicago and maintains corporate centers in New York and San Francisco and offices around the country.Ā
FinSMEs
13/01/2010