Financial expert
buys Magoon stake
Easton T. Manson, a Hawaii-raised financial adviser to a number of kamaaina families, has become a shareholder of Magoon Estate Ltd. and its parent Magoon Brothers Ltd.
The companies are private for-profit business entities established in 1924. The amount that Manson invested to become a shareholder was not disclosed.
Manson is the managing partner of Persis Asset Advisors LLC, a real estate advising and consulting business that grew out of Thurston Twigg-Smith's ownership and subsequent sale of the Honolulu Advertiser.
The Magoon businesses, which once owned prime properties in Waikiki, still have substantial real estate holdings in Hawaii and own the 21,000-acre Guenoc Winery in Northern California, as well as other mainland properties. The companies own and manage more than 750,000 square feet of distribution, office and retail facilities throughout the United States.
Manson is a Punahou School graduate who has a bachelor's degree from Brown University and a master's in business administration from the Boston University School of Management.
He joined Persis last year after working in management consulting for more than seven years, starting with the Arthur Andersen firm in Boston in 1995 and moving to Pricewaterhouse- Coopers in Honolulu.