The business venture of two former top executives at Credit Suisse Asset Management got off the ground today. Silvercrest Asset Management Group, created by G. Moffett Cochran and Martin Jaffe, the former president and CFO, respectively, of CSAM, began formal business operations today.
Cochran and Jaffe left CSAM in mid-2001 to start Silvercrest. The firm, which is located in New York City, will provide traditional and alternative asset management primarily to families and individuals with more than $25 million in investable assets. It will also provide asset management to foundations, endowments and other institutional investors.