JB Investment Management helps RMB expand their fixed income offerings for clients.
JB Investment Management has merged with RMB Capital of Chicago.
JB Investment Management, which has $550 million in client assets and focuses on fixed-income strategies, will continue to operate out of its Brookfield, Wisc., office, but the team is now integrated into RMB Asset Management. RMB has approximately $9.3 billion in client assets.
"With interest rates on the rise, fixed income investments are becoming more relevant than they've been in recent years, so it's a good time for us to be expanding our fixed income capabilities," said Richard M. Burridge Jr., founding partner, CEO and co-chief investment officer at RMB, in a statement.
JBIM offers fixed income strategies for both institutional and individual investors, including liability-driven, TIPS-indexed and tax-advantaged portfolios.
Jeffrey L. Bryden, formerly president and chief investment officer at JBIM, now acts as senior vice president and portfolio manager at RMB. Mr. Bryden founded JBIM in 2008. Previously, he worked for Campbell Newman Asset Management and Reinhart Mahoney & Bryden Capital Management.
He is joined by Jonathan G. Rigano, formerly vice president and portfolio manager at JBIM, who will keep his same position at RMB. Before joining JBIM, he worked for a Milwaukee-based investment firm where he oversaw $500 million in separately managed accounts.
Rounding out the JBIM team are Gail L. Betzhold, who is the administrative manager, and Renae Engel, who is the portfolio and client administrator.