7 on the GE ASSET MANAGERS list with $3 billion in assets under management), he worked as an account executive at Dean Witter Reynolds Inc.
Responsibilities: As a managing general partner of RhumbLine, (No 3 on the BE ASSET MANAGERS list with $5 billion in assets under management) he has positioned the company to become one of the leading minority-owned asset management firms for government and private entities nationwide.
1 black-owned asset management firm in the country, with more than $10 billion in assets under management. He also serves as portfolio manager of the firm's flagship product, Ariel Fund, which Denver-based mutual fund research firm Lipper rates as the No.
Specializing in the management of domestic and global fixed-income securities for institutional clients, the firm had more than $2.1 billion under management in 2001.
5 on the BE ASSET MANAGERS list with assets of $4 billion in assets under management).
Responsibilities: He oversees the operations of EARNEST Partners, which currently has $3.5 billion in assets under management and ranks No.
The combined organization would continue to be called LaSalle Partners Management Services, Inc., and would be headquartered in Chicago, with approximately 400 million square feet of office, retail and industrial assets under management. The business would be equally divided between property management for institutional owners and facility management for corporate and other real estate owner-occupants and would have improved geographic coverage to serve clients in nearly 190 markets in the United States and six key international markets.
"As the industry's largest facility manager, with approximately 200 million square feet under management following the acquisition, LaSalle Partners Management Services would also be able to capitalize on economies of scale in emerging services and technology applications," added Scott.
