PFM Asset Management has hired Chris Blackwood as senior managing consultant and has opened a Denver office to help expand its asset management business in the West. 

Blackwood has 30 years of experience in the public finance and public funds investment business, most recently as a managing director at Davidson Fixed Income Management, where he helped start and manage local government investment pools in Florida and Colorado for Davidson and its predecessor, Kirkpatrick Pettis.

He has been a public finance banker for several western regional investment banks and a senior economist for the state of Colorado.

Blackwood will focus on continuing to service and grow PFM's asset management portfolio in the entire region, with his main focus on Colorado, Arizona and New Mexico.

"Chris' experience and reputation present a great opportunity for PFM to expand our business in the mountain states," says Marty Margolis, PFM Asset Management chief investment officer.  "We have long-standing financial advisory and investment management clients there, and a Denver office staffed by a professional of Chris' calibre will add essential resources on the ground for PFM to build an even greater presence."