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MINNEAPOLIS (Sept. 17, 2018) – Investment industry veteran Elizabeth M. Lilly has been named chief investment officer for Marquette Companies, LLC., a holding company that is part of the Pohlad Companies. She replaces Jann Ozzello Wilcox, who retired at the end of May after 27 years with the organization.

In her new role, effective today, Lilly will provide leadership and management of the investment group for the Pohlad family, overseeing the teams that manage private equity investments and total return portfolios. She will report to Bert Colianni, chief executive officer for Marquette Companies, as well as to Jim Pohlad, family leader with oversight for investing.

“Beth brings many years of outstanding investment experience to her new role with us, and we are delighted to welcome her to our organization,” said Colianni. “She has worked with and known various members of the Pohlad family over many years, and she is highly regarded in her field and in the community.”

Lilly began her career with Goldman Sachs after graduating from Hobart/William Smith College with a degree in economics, later earning a CFA designation. She spent five years with Fund American Companies, where she worked as an analyst under the tutelage of Bob Bruce and Warren Buffett to learn the merits of value investing. In 1997, Lilly co‐founded the investment firm Woodland Partners, which focused on investing in small cap stocks. In 2002, Woodland Partners was acquired by Gabelli Asset Management (GAMCO Investors), where she served as a senior vice president and portfolio manager of the $1 billion Teton Westwood Mighty Mites Fund and as a member of the value portfolio management team.

These experiences continuously honed her investment acumen, culminating in the formation of her own investment firm in 2017, Crocus Hill Partners. Widely quoted in the national and local media for her investment outlook, Lilly has regularly participated with other investment experts in the Star Tribune’s Investors Roundtable.


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JB Hudson Jewelers, an anchor of luxury retail on Nicollet Mall, is set to branch out into the North Loop. As part of another expansion by Martin Patrick 3, The Loupe by JB Hudson will open in the exclusive menswear and home interiors store September 2018.

The Loupe by JB Hudson, to be housed inside Martin Patrick 3 at 212 Third Ave S, will offer unique products previously unavailable in the Midwest. Think luxurious Italian gold bracelets alongside intriguing Swiss timepieces. The Loupe will offer far more men’s jewelry than the flagship JB Hudson store, located in the historic Young Quinlan building at 901 Nicollet. The Loupe already has a queue of exclusive designers and watch brands set to host trunk shows at the new space. In addition to a standard selection of products, special events at The Loupe will offer clients an exclusive opportunity to purchase rare and collectible pieces.

Just as Martin Patrick 3 focuses exclusively on men’s fashion, The Loupe will carry on that tradition. More men are using jewelry and watches to express their individuality, and The Loupe will offer men expert advice on how to style their unique pieces with an existing or new wardrobe. This expert style advice will blend seamlessly into the authentic, relationship style of customer service that JB Hudson is known for.

The partnership between the iconic JB Hudson and the trailblazing Martin Patrick 3 is proving to be exciting for both parties. JB Hudson President, Nick Pechman, sees the partnership as an exciting opportunity to extend JB Hudson’s presence into the burgeoning North Loop neighborhood. Forbes Magazine recently lauded MP3 as ‘…the hottest retailer in America’s hottest retailing city…’ Pechman expects the heritage that JB Hudson brings (making things happen since 1885) to meld well with luxury-seekers at Martin Patrick 3. Martin Patrick 3 sees the partnership being complimentary to their model of offering unique, luxury products. Prices at The Loupe will range between $1,000 and $1,000,000.

Both JB Hudson and Martin Patrick 3 are continually focused on bringing the best experiences to their clients. The Loupe will bring the same excellence of service found in the JB Hudson flagship store to an even wider audience. The Loupe will follow the convenient hours of Martin Patrick 3: Monday – Saturday, 10am until 8pm and Sunday, 10am until 6pm.

JB Hudson is owned by the Pohlad family’s Marquette Companies holding company.