Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Rebecca Blackwell / AP
Michael Bloomberg's longtime money manager, Alice Ruth, has stepped down from her role as chief investment officer at Willett Advisors — Bloomberg's multi-billion dollar family office — and was replaced by co-CIOs Brad Briner and Andrew Mulderry, effective Jan. 1, per the Wall Street Journal.
Briner, who had previously overseen natural resources and real estate for Willett, will now manage public-markets investments and operations. Mulderry, who previously directed private-equity style investments at the firm, will continue his private-equity work as well as take on venture capital fund investing.
Note: Willett CEO Steven Rattner is an Axios investor.