TORONTO, Jan. 21, 2016 (GLOBE NEWSWIRE) -- Sprott Inc. (TSX:SII) ("Sprott" or the "Company") today announced that Whitney George has been appointed Chairman of Sprott USA and Executive Vice President of Sprott Inc.
Mr. George joined Sprott in 2015 and previously spent 23 years in senior roles at Royce & Associates LLC (“Royce”) in New York. Mr. George was co-Chief Investment officer of Royce from 2009 to 2013 and played a key role in the firm’s growth and evolution into a leading U.S. small-cap manager with peak assets of more than US$40 billion.
“Whitney is a proven business builder with extensive knowledge of the asset management business,” said Peter Grosskopf, CEO of Sprott. “We have a strong client base in the US through our exchange-listed products as well as our US-based brokerage business. Under Whitney’s leadership we expect expand our relationships with existing clients while also increasing our penetration into key US sales and distribution channels.”
“This is a great opportunity to increase Sprott’s visibility in the US through both new and existing products,” said Mr. George. “There is a strong appetite among institutional and retail investors for unique and differentiated investment solutions and I look forward to working with the Sprott team to strengthen our existing relationships and introduce our products to a broader range of US investors.”
In addition, Sprott has made several additions to its US and international sales team, to be based in New York and London, who will cover both the institutional and advisor markets.
About Sprott Inc.
Sprott Inc. is a global independent asset manager dedicated to achieving superior returns for its clients over the long term. The Company operates primarily through five business units: Sprott Asset Management LP; the Global Companies; Sprott Resource Lending Corp.; Sprott Consulting LP; and Sprott Private Wealth LP. Sprott Inc. is headquartered in Toronto, Canada and is listed on the Toronto Stock Exchange under the symbol "SII". For more information on Sprott Inc., please visit www.sprottinc.com.
Source: Sprott Inc.