Nile Capital Group: Putting Capital to Work with Diverse Asset Managers

Melvin Lindsey is no stranger to tumultuous market conditions. While serving as a Managing Director at Julius Baer Investment Management, his team invested $20 million to acquire stakes in asset management firms that collectively managed $800 million in AUM and organically grew those assets to a peak of $78 billion. Lindsey was leading the fastest growing institutional oriented team. Unfortunately, 2008 came and virtually every market sector was hammered by the global recession. And that $78 billion in assets dwindled to $38 billion.