Strategic hire reinforces firm’s commitment to world-class service for institutional clients worldwide
Russell Investments announced today that Shelly Heier has joined the firm as Global Head of Institutional Client Service in a newly created role. Most recently, Heier served as President and Senior Consultant at Verus Investments. In her new position, she will focus on enhancing the delivery of Russell Investments’ holistic investment solutions and implementation services. Heier will lead a dedicated team of client chief investment officers, account executives, and client-service associates to strengthen and expand the firm’s international institutional relationships.
Heier will also work closely with Kevin Turner and Rachel Carroll, who are responsible for Russell Investments’ North America consulting business, to ensure seamless alignment between client management and consulting services.
"We're thrilled to have Shelly as part of the Russell Investments team. Institutional clients are central to our mission, and having an industry veteran like Shelly leading our delivery will significantly strengthen our partnerships," said Lindy Freeman, Managing Director and Global Head of Institutional at Russell Investments.
With 26 years of industry experience, Heier played a pivotal role at Verus Investments in delivering both non-discretionary consulting and discretionary management services to institutional clients, including endowments, foundations, corporate pension plans, and public and multi-employer trusts. She also chaired Verus’ OCIO Investment and Alternatives Investment Committees, showcasing her strategic leadership in investment management.
Prior to Verus Investments, Heier started her career as a financial analyst for high-net-worth clients.
Heier, who reports to Freeman, is based in the firm’s Seattle headquarters.
About Russell Investments
Russell Investments is a global investment solutions firm providing a wide range of services to institutional investors, financial intermediaries, and individual investors. The firm has $301.5 billion in assets under management (as of June 30, 2024) for clients in 30 countries. Headquartered in Seattle, Washington, Russell Investments has 16 offices in major financial centers including London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, New York, Milan, and Dubai.
Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.
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Contacts
Steve Claiborne, 206-505-1858, newsroom@russellinvestments.com
