Stephanie Braming, global head of William Blair Investment Management, plans to retire in the fourth quarter, a news release said.
She joined the Chicago-based firm in 2004 and served as portfolio manager for the $10 billion William Blair International Growth and the $1.7 billion William Blair International Small Cap Growth strategies before ascending to the role of global head of investment management in 2017.
The firm's search for a successor is being led by Brent Gledhill, president and CEO, and Beth Satterfield, chief operating officer. A spokesperson said the plan is to have someone in place before Braming’s departure.
“I would like to thank Stephanie personally and professionally for her numerous contributions and unwavering client focus over the last 20 years. Stephanie has been an instrumental leader and valued member of the firm’s executive team for the past seven years,” Gledhill said in the news release. “Our culture of excellence has allowed for long, successful partner careers, and we are grateful for the distinguished client service and collegial mentorship of leaders like Stephanie.“
Braming also serves as the president and chair of the William Blair Funds and William Blair SICAV and serves on the firm’s executive committee. She was recognized by Pensions & Investments in its inaugural Influential Women in Institutional Investing special report in 2023.
“It has been a privilege to lead such a driven, dedicated and accomplished team in generating client outcomes, and I am proud of the results we have delivered together across market cycles,” Braming said in the release. “Our colleagues, culture and client results are what make William Blair an extraordinary place to work. I am excited about the firm’s future, and I have confidence that our talented teams will continue to drive client success for years to come.”
Before joining William Blair, she was a principal at Mercer Investment Consulting.
Braming could not be immediately reached for further comment about her plans.
As of Sept. 30, William Blair Investment Management had $74.8 billion in assets under management.
