Grand-Jean Capital Management Joins First Manhattan

Industry Veteran Steven Grand-Jean to Serve as Portfolio Manager at $34B+ AUM Investment Advisory Firm

First Manhattan, an independently owned and operated investment advisory firm, announced today that Grand-Jean Capital Management, a registered investment advisor with over $500 million in assets under management, has joined the Firm. Steven Grand-Jean joins as a Managing Director and Portfolio Manager, bringing decades of experience in investment management and client advisory. He and his team will continue to work closely with clients while leveraging First Manhattan’s in-house research capabilities, wealth planning expertise, and robust operating platform.

“Steve has built a reputation as a trusted advisor with a deep commitment to his clients and a strong track record of long-term performance. We are excited to welcome him and his colleagues to the First Manhattan family,” said Zachary Wydra, Chief Executive Officer of First Manhattan. “Our Firm is rooted in the belief that exceptional client outcomes start with experienced professionals who prioritize long-term relationships. Steve shares that vision, and we look forward to working together to help his clients and their families achieve their financial goals.”

With over 50 years of experience, Mr. Grand-Jean founded Grand-Jean Capital Management in 1990 after a distinguished 20-year career in investment banking. He previously served as a General Partner and Managing Director at Salomon Brothers, as well as a General Partner at Montgomery Securities, leading the Mergers & Acquisitions Division. He holds a B.A. from Stanford University and an LL.B. from Harvard Law School.

“Joining First Manhattan is a natural fit for my team and our clients,” said Mr. Grand-Jean. “The Firm’s independent structure, research-driven investment approach, and unwavering focus on client success make it the ideal place for us to continue meeting the high standards our clients expect. I’m excited about the opportunities ahead and look forward to contributing to First Manhattan’s continued growth.”

About First Manhattan

First Manhattan is a $34B+ AUM investment advisory firm with six decades of experience in long-term wealth compounding. The Firm strives to deliver strong financial returns through a research-driven investment approach, customized wealth planning advice, and highly personalized client service. Since its founding in 1964, First Manhattan has remained independently owned and operated. The Firm and its principals were original investors in the entity that later became Berkshire Hathaway. For more information, please visit firstmanhattan.com.

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