Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:This $538B AUM Shop's Move South Email Routing List Email & Route  Print Print
Thursday, March 14, 2019

This $538B AUM Shop's Move South "Is Epic"

News summary by MFWire's editors

"AllianceBernstein [moving to Nashville] is epic."

Seth P. Bernstein
AllianceBernstein
President, CEO
So argues Ed Fritsch, who the Nashville Business Journal calls that city's "office king," in an interview with the paper. Fundsters wondering about AllianceBernstein's [profile] upcoming HQ move to Nashville from New York City may be intrigued. The way this developer puts it, attracting a big asset manager ($538 billion in AUM as of February 28) is as big a deal as attracting a technology titan.

Fristch is CEO of Highwoods Properties, which according to the Journal owns twice as much office space in the Nashville metro area as anyone else. He commented on Amazon's planned Nashville buildup, too, yet he described AllianceBernstein's planned move as perhaps a bigger deal for the city. For reference, the paper notes that AllianceBernstein will bring 1,050 jobs to Nashville, while Amazon will bring 5,000.

"I've been using this word — and I'm not sure if it's the right one — but I've been calling it epic. AllianceBernstein is epic," Fritsch tells the paper. "Nashville ought to take a breath and realize what it means that a Wall Street firm wants to be in our community." 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use