ANCHORAGE, Alaska, Dec. 22, 2024 (GLOBE NEWSWIRE) -- Alaska Permanent Capital Management, Co. (APCM) announced it is engaged in a transaction to be acquired by Blue Umbrella, LLC. The transaction is expected to close by March 2025, and will make Blue Umbrella the majority owner of APCM and its subsidiary company, Alaska Wealth Advisors.
Outgoing Alaska Permanent Capital Management's Evan Rose, CEO said of the acquisition, " William (Bill) Lierman will transition to the CEO role, has been with APCM for 22 years and he, along with 19-year veteran Brandy Niclai, Chief Investment Officer Multi-Asset, are proven firm leaders with extensive client, product, service and partner experience. Now, backed by the resources and support of Blue Umbrella, we're enthusiastic about new opportunities to expand APCM's product mix and client relationships."
kAmq=F6 &>3C6==2VD y:>>J |:?6C D2:5[ "(6 2C6 E9C:==65 2?5 9@?@C65 E@ H6=4@>6 p=2D<2 !6C>2?6?E r2A:E2= |2?286>6?E :?E@ @FC 8C@H:?8 A@CE7@=:@ @7 =@42= p=2D<2? 4@>A2?:6D H:E9 2 3C:89E 7FEFC6] %96:C =@?8DE2?5:?8 =6256CD9:A E62>'D AC@G6? 4@>>:E>6?E E@ 4FDE@>6C 42C6 2?5 56=:G6C:?8 G2=F6 2=:8?D H:E9 @FC 4@C6 A9:=@D@A9J[ 2?5 H6 =@@< 7@CH2C5 E@ DFAA@CE:?8 E96> 2D E96J 4@?E:?F6 E@ AC@G:56 E96 6I46==6?E D6CG:46D[ 25G:46 2?5 8C@HE9 E96:C 4=:6?ED 92G6 4@>6 E@ 6IA64E]"k^Am kAm&A@? 4=@D:?8 E96 EC2?D24E:@?[ E96 p!r| E62> H:== 92G6 E96 36?67:E @7 255:E:@?2= C6D@FC46D 2?5 42A:E2= E@ 7@DE6C 8C@HE9[ 4@>>F?:EJ ?6EH@C<D 2?5 ?6H 4=:6?E C6=2E:@?D9:AD F?56C E96 @?8@:?8 8F:52?46 2?5 6IA6CE:D6 @7 =@?8\E6C> DE277] #@D6 H:== C6>2:? @?3@2C5 2E p!r| 2D r9:67 r@>A=:2?46 ~77:46C] p?5 rt~ {2FC2 qCF46 2?5 96C E62> 2E p=2D<2 (62=E9 p5G:D@CD Wp(pX[ H:== 4@?E:?F6 E@ AC@G:56 7:?2?4:2= A=2??:?8 2?5 :?G6DE>6?E >2?286>6?E E@ p(p'D 3C@25 >:I @7 :?5:G:5F2= 2?5 :?DE:EFE:@?2= :?G6DE@CD]k^AmkAmp3@FE q=F6 &>3C6==2[ {{rk^AmkAmq=F6 &>3C6==2 :D 2? p=2D<2? 9@=5:?8 4@>A2?J 7@F?565 :? a_a' 2?5 32D65 x? p?49@C286] %96 7:C> DA64:2=:K6D :? D@=G:?8 DF446DD:@?\A=2??:?8 :DDF6D 7@C 4@>A2?:6D :? E96 >:55=6 >2C<6E 3J 3C:?8:?8 =@?8\E6C>[ A2E:6?E 42A:E2= H:E9 2 7@4FD @? DE23:=:EJ[ 42A:E2= 2==@42E:@? 2?5 8C@HE9]k^Am kAmp3@FE p=2D<2 !6C>2?6?E r2A:E2= |2?286>6?E[ r@]k^AmkAmp!r|[ 2? :?G6DE>6?E 25G:D6C D:?46 'hha[ AC@G:56D :?DE:EFE:@?2= :?G6DE>6?E >2?286>6?E 7@C 24E:G6 7:I65 :?4@>6 A@CE7@=:@D 2?5 32=2?465 244@F?ED E92E :?4=F56 2 >:I @7 DE@4< :?56I 7F?5D[ 3@?5D[ 2?5 2=E6C?2E:G6 :?G6DE>6?ED] s2G6 #@D6[ E96 7:CDE 6I64FE:G6 5:C64E@C @7 E96 p=2D<2 !6C>2?6?E uF?5 r@CA@C2E:@?[ 7@F?565 E96 7:C>] p=2D<2 (62=E9 p5G:D@CD[ 2 DF3D:5:2CJ @7 p!r|[ :D 2 C68:DE6C65 :?G6DE>6?E 25G:D6C] $:?46 a_'c] p=2D<2 (62=E9 p5G:D@CD 92D AC@G:565 7:?2?4:2= A=2??:?8 2?5 :?G6DE>6?E >2?286>6?E 7@C :?5:G:5F2=D[ ECFDED[ C6E:C6>6?E 7F?5D[ 2?5 :?DE:EFE:@?D]k^AmkAmk^AmkAmk^AmkAmtG2? #@D6 p=2D<2 !6C>2?6?E r2A:E2= |2?286>6?E k2 9C67lQ>2:=E@i6G2?o2A4>]?6EQm6G2?o2A4>]?6Ek^2m y:>>J |:?6C q=F6 &>3C6==2[ {{r k2 9C67lQ>2:=E@i52?o3=F6F>3C6==2]49Qm52?o3=F6F>3C6==2]49k^2m s2? !6CA:49 q=F6 &>3C6==2[ {{r k2 9C67lQ>2:=E@i52?o3=F6F>3C6==2]49Qm52?o3=F6F>3C6==2]49k^2mk^Am