View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
December 21, 2021

Angeles Investments sets up office in Chicago to expand Midwest footprint

By Verdict Staff

Angeles Wealth Management (AWM), the private wealth affiliate of US-based Angeles Investments, is expanding its national footprint with the opening of a new office in Chicago.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The firm has appointed Gary Cloudman as managing director of its new Chicago private wealth office.

Cloudman joins AWM from Metropolitan Capital Bank & Trust, where he worked for five years.

Most recently, he was senior wealth consulting manager and head of the family office at the firm serving entrepreneurs, executives, and families.

Cloudman also has experience in advising business owners on family governance, estate planning, succession planning, risk management, and liquidity events.

AWM will leverage Cloudman’s network in the Chicago area to further expand its institutional-quality wealth management model nationwide.

Angeles Wealth CEO and president Jonathan Foster said: “In an industry in which growth by M&A seems to be all the rage, we continue to prioritize thoughtful organic growth.

“Bringing on Gary to launch our Chicago office gives us a Midwestern hub, enabling us to be closer to many families we serve. From December 31, 2019 through November 30, 2021, our AUM has increased more than 100%, so we are on a constant hunt for exceptional wealth management talent. Gary is the right person to lead us in the Midwest.”

Cloudman said: “The culture that Angeles has developed for both the team and clients is a testament to the strong mission and vision, which has led to prosperity as a firm and successful outcomes for clients.

“The firm combines an institutional approach to private wealth portfolio management focused on providing clients mission-aligned solutions with an understanding of the needs of their complex families.”

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International