Former Merrill DCM head joins Rockefeller

Jon Pratt, the former head of Asian debt capital markets at Merrill Lynch, has joined Rockefeller Co as managing director for institutional relationships, according to a press release. Pratt will be based in New York and will be responsible for spearheading the expansion of the wealth management firm's global institutional business by developing new client relationships as well as new products and strategies.

Rockfeller started its life as a family office for the Rockefellers, but has over the years expanded into an independent wealth management and advisory firm with about $25 billion of assets under administration. Historically, it has been focused on high-net-worth individuals, families and institutions with an excess of $50 million to invest...