T. Rowe Price Names Bill Cashel As Head Of Alternatives For Its Wealth Channel

T. Rowe Price. (2026, March 31). T. Rowe Price Names Bill Cashel As Head Of Alternatives For Its Wealth Channel. T. Rowe Price. https://www.troweprice.com/en/us/press/2026/press-release--t--rowe-price-names-bill-cashel-as-head-of-altern

• T. Rowe Price has appointed Bill Cashel as the new Head of Alternatives for U.S. Wealth to lead the firm's expanding private markets engagement.

• Bill Cashel will oversee the delivery of alternative investment capabilities from both T. Rowe Price and Oak Hill Advisors to wealth advisors.

• The new leadership role involves collaborating with sales teams to identify and pursue business opportunities within the intermediary distribution channel.

• Cashel will play a key part in the firm's strategic alliance with Goldman Sachs Asset Management to provide public and private market solutions.

• T. Rowe Price plans to expand its alternatives distribution team in the coming months to support these growing capabilities.

• Before joining T. Rowe Price, Cashel served as a partner at AQR Capital Management and co-founded the private market platform Privacore Capital.

• As of February 28, 2026, T. Rowe Price manages approximately $1.80 trillion in total client assets across its global investment platforms.

Knote: The main thing to note here is that this is a new position and represents T. Rowe taking the gloves off in the Alts2Wealth fight, just as everyone has or will in the near term. I will also point out that I have not met a lot of slow people from AQR, so I suspect Bill Cashel will get things moving fairly quickly.