- Summary & Methodology
- Industry Trends
- Transition Manager League Tables
- Transition Manager Profiles
- Abel Noser, LLC
- BlackRock
- BTIG, LLC
- Citigroup Global Markets Inc.
- Macquarie Group Ltd.
- Northern Trust Investments, Inc.
- Pavilion Global Markets Ltd.
- Russell Investments
- State Street Global Markets
Past Surveys
Transition Manager Profiles
BTIG, LLC
www.btig.com
Summary of Offering
BTIG’s philosophy is to always deliver thoughtful solutions coupled with exceptional customer experience and consistent results for all our clients. The team’s systematic and structured approach to portfolio implementation leverages three pillars of strenght – state of the art homegrown technology, access to liquidity, stable and experienced team.
Client Restrictions: None
Business Summary (as of 09/30/2020)
| Total TM clients | NR |
| Total TM mandates | NR |
| Total assets transitioned ($USD) | NR |
Regions with Clients that Completed TM Events (2019-2020)
| U.S. | |
| Canada | |
| U.K. | |
| Continental Europe and Republic of Ireland | |
| Asia | |
| Australia | |
| All other locations |
Summary of Client Feedback from 2020 Survey
| Total respondents | 10 |
| Net recommendation/promoter score | 100% |
| % independently audited | 22% |
| % accepted fiduciary role over event | 100% |
Responses by transition type
| Principal | 20% |
| Agency | 70% |
| Hybrid | 10% |
Responses by value of securities transitioned
| <$50MM | 40% |
| $50MM – $250MM | 50% |
| >$250MM – $1B | 10% |
| >$1B – $3B | 0% |
| >$3B | 0% |
Client ratings
5 = Extremely satisfied; 1 = Unsatisfied
| Transition strategies and planning capabilities | 4.80 |
| Operational capabilities and trading quality | 5.00 |
| Risk management capabilities | 5.00 |
| Quality/transparency of reporting | 5.00 |
| Accuracy of pre-trade estimate | 4.90 |
| Transparency of disclosures | 4.80 |
| Overall project management | 5.00 |
| Knowledge/responsiveness of staff | 4.90 |
NR = Not Reported in time for publication
N/A = Not Applicable (providers needed a minimum of 10 responses to be rated)
N/A = Not Applicable (providers needed a minimum of 10 responses to be rated)