At a glance
- Bill Cashel, who leads alternatives for U.S. wealth, said the team now has 13 salespeople, up from six when he joined from Privacore Capital in March.
- RIAs now have a dedicated T. Rowe Price coverage team and three alternatives funds to diligence—OFLEX, OCREDIT and the Goldman Sachs private market fund—covering private credit and private markets.
- The firm has launched OFLEX, a multi-strategy credit interval fund run with its Oak Hill Advisors subsidiary, and the T. Rowe Price Goldman Sachs Private Market fund in July.
T. Rowe Price plans to field 15 external-facing alternatives salespeople working with advisors by the end of 2026, InvestmentNews reported from Schwab IMPACT in Boston on Oct. 28.
Bill Cashel, who leads alternatives for U.S. wealth, said the team now has 13 salespeople, up from six when he joined from Privacore Capital in March. One group covers RIAs and another covers broker-dealers.
RIAs now have a dedicated T. Rowe Price coverage team and three alternatives funds to diligence—OFLEX, OCREDIT and the Goldman Sachs private market fund—covering private credit and private markets. Fees and liquidity terms were not disclosed.
The firm has launched OFLEX, a multi-strategy credit interval fund run with its Oak Hill Advisors subsidiary, and the T. Rowe Price Goldman Sachs Private Market fund in July. OCREDIT, a private credit fund run with Oak Hill, was already available.
Alternatives sales team more than doubled since March
External-facing alternatives salespeople working with advisors; year-end figure is a target
Show as table
| Label | Value (salespeople) |
|---|---|
| March 2026 | 6 salespeople |
| Oct. 2026 | 13 salespeople |
| Year-end 2026 (target) | 15 salespeople |
Reported by the RIA desk from InvestmentNews. Published . Corrections