ATLANTA, Jan. 26, 2012 /PRNewswire/ -- Atlantic Trust, the private wealth management division of Invesco Ltd. (NYSE: IVZ), announced today the addition of Lester Duke, CFA, as vice president and alternative investments analyst, and Scott Burg, CFA, CAIA, as vice president and traditional investments analyst, to the firm's Multi-Manager Investment Program (MMIP). Atlantic Trust is announcing these new hires following the firm's 19th consecutive quarter of growth. In 2011, the firm achieved record positive net flows of approximately $1.4 billion and record assets under management of $18.0 billion.

(Logo: http://photos.prnewswire.com/prnh/20110131/MM39469LOGO-c )

Duke and Burg bring additional depth and expertise to the firm's MMIP, a team of highly experienced investment professionals who employ a rigorous, objective process to source, evaluate, select and monitor the institutional-quality, external portfolio managers who are included in the firm's investment platform.

"Our Multi-Manager Investment Program is a hallmark of our firm," said David Donabedian, CFA, Atlantic Trust chief investment officer. "Lester and Scott bring experience, strong industry backgrounds, and added depth to our team."

Duke is replacing former alternatives analyst Bas Solleveld, who has transitioned to serve as vice president and relationship manager in the firm's Houston office. Duke and Burg are based in Boston.

"In recent years, we have seen a great deal of wealth creation in the energy-rich Southwest region," said Jack Markwalter, Atlantic Trust chairman and chief executive officer. "We have strong leadership in both our Houston and Austin offices--Managing Director Scott Caven (Houston) and Managing Director Mark Powell (Austin) have 41 and 27 years of industry experience respectively. Bas Solleveld will support and strengthen our continued efforts to enhance our client service and grow our presence in the region."

Scott Burg brings 14 years of industry experience to the firm, joining our team from John Hancock Financial Services, where he was a director and senior investment analyst responsible for the selection, monitoring and research of asset managers and strategies utilized by the various investment platforms and fund of funds. Burg earned a Bachelor of Arts from Hartwick College. He is a member of the CFA Institute, Certified Alternative Investment Analyst® Association and the Boston Security Analyst Society.

Lester Duke brings more than 20 years of industry experience to the firm. He joins us from Meketa Investment Group, a Boston-based consulting firm, where he covered the private equity industry. He previously worked at Bank of America and John Hancock Funds. Duke earned a Bachelor of Arts from Hamilton College and a Master of Business Administration from New York University. He holds the Chartered Financial Analyst designation and is a member of the Boston Security Analyst Society and Denver Security Analyst Society.

Bas Solleveld has more than eight years of industry experience. Prior to joining the Houston office, Solleveld directed the firm's private equity and real estate investment platforms for the MMIP, where he led manager due diligence and selection, in addition to monitoring approved manager performance and analysis of those illiquid markets. Solleveld joined Atlantic Trust's Boston office in 2004 in the client strategies group, where he was responsible for client reporting and portfolio optimization. He earned a Bachelor of Arts from Franklin & Marshall College.

All data as of December 31, 2011.

The Chartered Financial Analysts® (CFA®) designation is globally recognized and attests to a charterholder's success in a rigorous and comprehensive study program in the field of investment management and research analysis.

About Atlantic Trust

Atlantic Trust is one of the nation's leading private wealth management firms, offering integrated wealth management for high net worth individuals, families, foundations and endowments. The firm considers clients' financial, trust, estate planning and philanthropic needs in developing customized asset allocation and investment management solutions. Experienced professionals deliver a broad range of offerings, including proprietary investment offerings and a robust open architecture platform of traditional and alternative managers. Atlantic Trust operates in 11 full-service locations throughout the U.S. Earlier this year, The Luxury Institute ranked Atlantic Trust No. 1 among 35 private wealth management firms based on quality, exclusivity, social status and self-enhancement. With $18.0 billion in assets under management (as of December 31, 2011), Atlantic Trust is the private wealth management division of Invesco Ltd. (NYSE: IVZ). For more information, visit www.atlantictrust.com.

Note: The Luxury Institute rating may not be representative of any one client's experience, because the rating reflects an average of all, or a sample of all, of the experiences of Atlantic Trust's clients. Any reference to a ranking, a rating or an award provides no guarantee for future performance results and is not constant over time.

About Invesco Ltd.

Invesco Ltd. is a leading, independent, global investment management firm dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ.

SOURCE Atlantic Trust