Greycourt Moves Ex-Hedgie Towle To Minneapolis

Oct 1 2010 | 11:39am ET

Wealth advisory firm Greycourt has expanded into the upper Midwest, and has picked a hedge fund pioneer to lead the effort.

Margaret Towle will head Greycourt’s new Minneapolis office. A native of neighboring St. Paul, Minn., Towle has spent the last two years as a managing director at Greycourt, working out of its Portland, Ore., office.

“It is truly an honor to return to my home state after 25 years in the asset management industry to bring Greycourt's first-class services to the Upper Midwest,” Towle said. “Greycourt will bring a new level of highly personalized advisory services to very savvy, select Midwest investors who plan to leave a legacy for generations to come.”

Before joining Greycourt, Towle was chief investment officer at Northern Trust Global Advisors, where she led the launch of its alternative investment business. She also served as a managing partner of Mcube Investment Technologies, which provides decision support products to institutional investors, and was a managing partner at a well-known hedge fund.

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