RockCreek Management to Acquire Wells Fargo Ownership Stake

WASHINGTON, D.C. – July 5, 2018 – The RockCreek Group (“RockCreek”), a leading global investment firm, today announced that its management is acquiring the 65 percent of the firm currently owned by Wells Fargo, bringing management’s total ownership to 100 percent. This decision was made by senior management at both RockCreek and Wells Fargo and reflects their shared view that the transaction supports each firm’s strategic direction and the clients of RockCreek will be best served by a founder- and management-team-led ownership structure. The transaction is anticipated to be completed by the end of August.

RockCreek portfolio managers invest directly in emerging and frontier markets and alternatives, while its asset allocation teams manage the firm’s multi-asset class, OCIO and customized solutions. The firm is highly focused on the integration of environmental, social, and governance (ESG) and impact analysis across its sustainable portfolios to generate long-term profits. Over the last five years, RockCreek has increased the number of partners within the firm and doubled the firm’s assets from approximately $7 billion to $14 billion, as it has generated superior investment performance for its clients.

“This is truly an exciting time for RockCreek,” said Alan Greenspan, Former Federal Reserve Chairman and an Advisory Board Member of RockCreek. “Afsaneh and her team have done a splendid job leading RockCreek to its current position of strength in the marketplace.”

“We are confident that the broad-based independent ownership of our experienced team, coupled with our firm’s data-driven technology and innovative culture will ensure that we continue to preserve and grow our investors’ capital,” said Afsaneh M. Beschloss, CEO and Founder of RockCreek. “We are proud of the long-term partnership with our clients and their trust in our team and remain committed to delivering superior performance.”

As one of the largest woman-founded and owned investment management firms in the world, the firm is proud that following the close of this transaction, RockCreek will be majority owned by women and diverse professionals. 


About RockCreek: RockCreek is a leading global investment management firm that applies data-driven technology and innovation to investing. Its portfolio managers invest directly in emerging and frontier markets and alternatives and its asset allocation teams invest in multi-asset class and OCIO portfolios and customized solutions. RockCreek’s client base is sophisticated institutional investors, including endowments, foundations, and public and corporate pension plans. The firm was founded in 2002 by CEO Afsaneh Beschloss. RockCreek has offices in Washington, D.C. and New York City. For more information, please visit

Media Contacts:

AJ Jones, Chair, US Corporate Practice
Burson Cohn & Wolfe
1110 Vermont Avenue, NW, Suite 1200
Washington, D.C. 20005
202-530-0400 /

Elizabeth Van Every, Manager, Corporate and Financial Communications
Burson Cohn & Wolfe
230 Park Avenue South
New York, NY 10003
212-614-3881 /


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