Release Date: 

The shareholders of Miller/Howard Investments, Inc., an East Coast based money manager, have sold 100% of their ownership to its newly-formed ESOP. The ownership transaction will facilitate a transition of day to day management to a new generation of employees. All employees of the firm will now enjoy the benefits of ownership as ESOP participants. This was a complicated deal due to the regulatory and compliance requirements related to investment management companies and Pilot Hill Advisors is proud to have assisted Miller/Howard on this successful transaction.