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

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

Rating:BlackRock Alum to Turbocharge Growth Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, January 09, 2017

BlackRock Alum to Turbocharge Growth

Reported by Katy Golvala

Capstone president and CEO Michael Kern wants to grow his firm into a $30 billion shop in the next few years, and he just hired BlackRock sales executive David Rentfrow to help him do it.

David Rentfrow
Managing Director and Head of Distribution
Rentfrow will report directly to Kern and serve as managing director and head of distribution, overseeing institutional, intermediary, and mutual fund product distribution for the Houston-based asset manager. He will be responsible for expanding the firm's network of broker-dealer partners and growing sales, revenue, and distribution efforts.

Prior to this appointment, Rentfrow worked as managing director and divisional director at BlackRock, where he led a team responsible for sales of all products within a multi-state region. A spokesperson from BlackRock was not immediately available to comment on whether Rentfrow's position has been filled.

Capstone, which currently manages $4.9 billion in assets, has a ways to go if it's going to grow by six times its current size. So what does the path to $30 billion look like?

"We will be laser-focused on very specific broker-dealers and specific advisers at those broker-dealers," Rentfrow tells MFWire.

The independent investment advisor specializes in socially responsible investments through SMAs and as the manager of the Steward Mutual Funds, a family of faith-based screened funds. Rentfrow has no immediate plans to launch new products or wrappers as part of the growth effort. However, if advisors need a certain investment solution or want to consume a product in a different wrapper, he's open to possibilities moving forward.

Overall, Rentfrow says he's excited to be part of the next chapter of Capstone and to bring the firm's niche strategies to the mainstream market.  

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

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q2Q1
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:
Add to My Yahoo!
follow us in feedly

  1. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  2. IDC Virtual Roundtable: New Jersey and Pennsylvania - April 2021, April 15
  3. IDC Virtual Roundtable: Florida - April 2021, April 20
  4. The 31st Sub-Advised Funds Forum, Apr 20-21
  5. ETF.com Awards 2020, April 20
  6. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  7. IMEA Marketing Council Roundtable | Engaging Advisors In a Virtual World, April 21
  8. IDC Virtual Roundtable: Alabama, Georgia, North Carolina, and South Carolina - April 2021, April 22
  9. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  10. IDC Webinar: The Future of the Workplace - April 2021, April 23
  11. IDC Virtual Roundtable: Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas - April 2021, April 27
  12. MFDF Case Studies in Fund Oversight — A Virtual Roundtable for Directors, Apr 28-29
  13. IDC Virtual Roundtable: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota - April 2021, April 29
  14. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  15. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  16. ICI 2021 General Membership Meeting - Day 1, May 6
  17. Emerging Manager Forum USA, May 12-14
  18. ICI 2021 General Membership Meeting - Day 2, May 13
  19. 2021 FINRA Annual Conference, May 18-20
  20. IDC Speaker Series - Abby Joseph Cohen: A Conversation About the State of the Global Markets, May 19
  21. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  22. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  23. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  24. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20
  25. ICI 2021 Operations and Technology Conference, May 20
  26. MFDF webinar - Board Oversight of a Fund's Derivatives Risk Management and Fund Compliance With Rule 18f-4, May 24

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use