Former #Lehman #CEO’s New Firm Goes Beyond #Wealth #Management

Former Lehman Brothers Chairman and CEO Richard Fuld Jr. is rebranding his New York-based wealth management firm as Matrix Private Capital Group, catering to high-net-worth individuals, family offices and institutions.

The rebranded firm goes beyond helping clients with their liquid assets, it helps clients grow their privately owned businesses as well, according to a statement.

“While many of our competitors focus exclusively on specific areas, such as wealth management, asset management, investment banking and private equity, we have integrated these services into one firm and our singular focus is to create value for our clients across their liquid wealth, privately-held assets and closely-held businesses,” Fuld said.

The firm also provides clients with direct access to private equity and offers a concentrated long/short equity portfolio.

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