"CAG Announces New Executive VP of Business Development" says a press release from Capital Advisors Group. As we mentioned in our "People" News last week, "Bill Crist Joins Capital Advisors Group As Executive Vice President of Business Development. The release says, "Capital Advisors Group (CAG), a leading institutional investment advisor, announced today that it has hired Bill Crist to the position of Executive Vice President, Business Development. Bill joins CAG with more than 18 years experience in distribution, sales, and product development in institutional money market funds and fixed income products." Crist says, "I'm excited to join Capital Advisors Group and help contribute to the company's established success and continued growth. From my experience in the institutional money market fund and fixed income industries, I'm keenly aware of the need for more transparent short-term investment options, and specifically, products like separate cash accounts that provide a more customized research and liquidity management experience for institutional corporate and municipal investors. I look forward to focusing my efforts on addressing the needs of these underserved organizations while opening new distribution channels and contributing to Capital Advisors Group's development." The release also quotes Ben Campbell, CAG president and CEO, "We are thrilled to welcome Bill to the Capital Advisors Group team. He brings a proven track record, an extensive background in strategic growth and first-hand knowledge of the short-term cash investment needs of larger companies and public organizations. We believe his depth of experience in the institutional money market fund industry will be a great asset to CAG as we continue to strengthen and expand our offerings to institutions that may be unaware of the benefits of customized short-term cash portfolios." Finally, the press release says, "`Prior to joining Capital Advisors Group, Bill was a Managing Director for Janus Capital Group, where he was responsible for the distribution, sales, and product development of Janus' institutional money market funds. Previous to Janus, Bill spent 14 years at Fidelity Investments Institutional Services Company."
