Asset firm CEO expands investments to San Antonio Spurs [Video]

SAN ANTONIO — The San Antonio Spurs announced that Paul Viera, founder of EARNEST Partners (based in Atlanta, GA), is expanding his investment stake in the team. The NBA Board of Governors has approved the transaction.

“I am incredibly excited about the Spurs culture and the direction in which the team is heading,” said Viera in a release. “The Spurs have a legacy of success and a promising outlook for the next decade and beyond. I look forward to continuing to support the team’s growth and achievements.”

Viera is the founder and Chief Executive Officer of EARNEST Partners, a global asset management firm that oversees over $50 billion for municipalities, states, corporations, endowments, and universities.

“Paul has proven to be a strong strategic partner and we are thrilled to see his continued commitment to the …