Forge Enhances Institutional Focus with Appointment of Chris Lane

Rhea-AI Summary

Forge Global Holdings, Inc. (NYSE: FRGE) announced the appointment of Chris Lane as Managing Director, Head of Institutional Relationship Management. Lane brings 25 years of capital markets experience from executive roles at BNP Paribas, Bank of America Merrill Lynch, and Goldman Sachs. His expertise will enhance Forge's ability to serve institutional investors in the private market.

Lane to focus on managing institutional relationships, identifying new business opportunities and developing strategies to enhance Forge’s market positioning and continued growth.

SAN FRANCISCO--(BUSINESS WIRE)-- Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that Chris Lane has joined Forge as Managing Director, Head of Institutional Relationship Management. Lane, who amassed deep capital markets client relationship experience in executive roles at BNP Paribas, Bank of America Merrill Lynch and Goldman Sachs, is continuing Forge’s commitment to serving the needs of institutional investors in the private market.

Lane joins Forge with 25 years of capital markets experience managing institutional relationships. Previously, Lane was instrumental in building and elevating the client franchises at BNP Paribas, Bank of America Merrill Lynch (BAML) and Goldman Sachs. In his prior role at BNP Paribas, Lane was responsible for driving business strategy and overseeing all aspects of existing and new relationships with priority institutional clients. He collaborated closely with senior leaders of top clients, cultivating firm-wide relationships, understanding critical needs and ensuring robust resources were available across BNP. At BAML, he led a team focused on generating packaged alpha trades for multi-strategy clients. Over his eight years at Goldman Sachs, Lane was responsible for covering some of the largest hedge fund and asset management clients within the Equities division.

“With an extensive background in institutional sales and senior relationship management at BNP, Bank of America and Goldman Sachs, Chris’ knowledge and understanding of what matters most to our institutional clients enhances our ability to serve them,” said Kelly Rodriques, CEO of Forge. “We are committed to delivering the data, technology solutions and expertise that drive value for our growing institutional client base in the private market and Chris’ appointment is another step toward that goal.”

Said Lane: “I am honored to lead Forge’s institutional investor business and work alongside a team dedicated to delivering scaled private market access to our institutional clients. Forge’s advanced technology platform providing institutional investors with an exclusive gateway to proprietary data, analytics, and trading capabilities is unique in enabling alpha generation in the private market. And I look forward to introducing new clients to the Forge advantage and working with our roster of institutional clients to help them capitalize on the benefits Forge can deliver.”

About Forge

Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. Forge Securities is a registered broker-dealer and a Member of FINRA that operates an alternative trading system.

Forward-Looking Statements

This press release contains “forward-looking statements,” which generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “target,” “goal,” “expect,” “should,” “would,” “plan,” “predict,” “project,” “forecast,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict, indicate or relate to future events or trends or Forge’s future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Forge’s beliefs regarding future opportunities for Forge to expand its business. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by Forge and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations. You should carefully consider the risks and uncertainties described in Forge’s documents filed, or to be filed, with the SEC, including in its Quarterly Report on Form 10-Q filed on November 7, 2023. There may be additional risks that Forge presently does not know of or that it currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect Forge’s expectations, plans or forecasts of future events and views as of the date of this press release. Forge anticipates that subsequent events and developments will cause its assessments to change. However, while Forge may elect to update these forward-looking statements at some point in the future, Forge specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Forge’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231220636601/en/

Media Contact:

Lindsay Riddell

press@forgeglobal.com

Source: Forge Global

FAQ

Who is the new Managing Director at Forge Global Holdings, Inc.?

Chris Lane has been appointed as the Managing Director, Head of Institutional Relationship Management at Forge Global Holdings, Inc.

What is the ticker symbol for Forge Global Holdings, Inc.?

The ticker symbol for Forge Global Holdings, Inc. is FRGE.

What is the role of Chris Lane at Forge Global Holdings, Inc.?

Chris Lane will focus on managing institutional relationships, identifying new business opportunities, and developing strategies to enhance Forge’s market positioning and continued growth.

What is the background of Chris Lane?

Chris Lane brings 25 years of capital markets experience from executive roles at BNP Paribas, Bank of America Merrill Lynch, and Goldman Sachs.

What is Forge Global Holdings, Inc.'s commitment to institutional investors?

Forge Global Holdings, Inc. is committed to delivering the data, technology solutions, and expertise that drive value for its growing institutional client base in the private market.