Ziegler Capital Management (ZCM) has acquired Fitzgerald Asset Management, a registered investment adviser specializing in sustainable infrastructure investments.
ZCM, a majority-owned affiliate of 1251 Asset Management, said the acquisition of Fitzgerald Asset Management will add sustainability-focused investment strategies to the range of fixed-income and equity products ZCM offers its clients. It is the second new fixed-income partnership in six months for ZCM, which announced a strategic investment in GIA Partners in December.
Following the transaction, William Fitzgerald, CFA and founder of Fitzgerald Asset Management, will serve as CEO of ZCM.
Earlier in his career, Fitzgerald spent 20 years at Nuveen, where he served as managing director and CIO.
“I'm excited to lead the Ziegler Capital Management team, which has a deep pool of equity and fixed-income investment talent,” said Fitzgerald. “Together I believe we can advance innovation to serve