Newark-based Passaic Partners, a majority employee-owned investment firm with approximately $2 billion in institutional assets under management, on Wednesday said it welcomes two seasoned investment professionals to its growing team.
Erik Bender joins the firm as partner, head of investor relations, with 27 years of investor relations and investment experience. He previously held similar roles at Merced Capital, Waterstone Capital Management and HFR Asset Management.
With more than 30 years in the institutional asset management business, Earl Kleckner brings deep expertise to his role as partner, business development, and client service. His previous experience includes similar roles at First Quadrant, Harvest Volatility Management, Attalus Capital and Mellon Capital Management.
“We’ve followed a successful launch with strong results and the addition of two senior investor relations professionals that I have known for decades,” Josh Silva, Passaic’s chief investment officer and managing partner, said. “Given their strong institutional knowledge and experience, I am excited about our ability to build out our client service platform and deliver our strategies to a broader institutional market.”