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= Darrell W. Crate = Darrell W. Crate is an American businessman, political figure, and former Chief Financial Officer of Affiliated Managers Group.

Mr. Crate is President of Easterly Capital, a private equity firm he founded in 2009.

Early life and education
Darrell W. Crate was born in New York City in 1967.

Mr. Crate received his B.A. in Economics from Bates College in 1989 and his M.B.A. from Columbia Business School in 1995. He is a member of the Board of Trustees of Bates College, serving as the chair and co-chair of the advancement and investment committees, respectively.

Business career
Darrell began his career in the investment banking division at Chase Manhattan in New York. He departed as the Managing Director of the Financial Institutions Group based in London and New York, focusing exclusively on investment management firms.

From 1998 to 2011, Mr. Crate served as the Chief Financial Officer of Affiliated Managers Group, Inc. (NYSE: AMG), a publicly traded asset management holding company. During his tenure at AMG, assets under management grew from $35 billion to over $350 billion through mutual fund, pension, and high net worth accounts globally, with over half of its clients domiciled outside the United States. Over this same period, the company’s enterprise value increased materially, from $50 million to over $6 billion.

In 2011, Mr. Crate retired as CFO of AMG; he continues to work with the company in an advisory role.

In 2009 Mr. Crate founded Easterly Capital, a firm that makes active private equity investments. He joined the firm full-time in 2011.

He currently resides in Massachusetts.

Professional accolades
Mr. Crate has been active in national accounting policy and standards setting; the Financial Accounting Standards Board has recognized him for these contributions. Institutional Investor Magazine has repeatedly named him one of the leading CFOs in the financial services industry.

Darrell has also been featured in Dealmaker (Scott Eden, “Arms Length”) and Barron's (Michael Santoli, “Toll Collectors”) magazines.

Politics
From 2003 to 2007, Darrell served as the Chairman of the Massachusetts Republican Party. He was Treasurer of Romney for President, and also acted as part of the Executive Committee in 2008. He serves in a similar capacity today, acting as Treasurer and Executive Committee member to Romney for President, 2012.

Advisory and volunteer roles
Mr. Crate is involved with a number of non-profit, political, and charitable organizations.