EFG Asset Management (EFGAM), an international provider of actively-managed investment solutions, has announced in a statement that it will bring its US growth equity strategies to eligible US institutional investors.
New Capital, its fund management arm, will offer its products to the US domestic market through EFG Asset Management (North America) Corp, a newly formed US Securities and Exchange Commission (SEC) registered investment adviser.
Now, US institutional investors may access four funds via separately managed accounts (SMAs) and Collective Investment Trusts (CITs): New Capital US Future Leaders, New Capital US Growth, New Capital US Small Cap Growth and New Capital Healthcare Disruptors.
The equity strategies are managed by senior portfolio managers Joel Rubenstein, Tim Butler and Mike Clulow and portfolio manager Chelsea Wiater, all of whom have been running the portfolios since inception and are based in Portland, Oregon. They are supported by Donald Klotter and Amanda Meyer on business development. The senior portfolio managers have been together since 2003 and the team as a whole has worked together for over 10 years.
“This move marks an important step in the development of our growth strategy across North America and our ongoing commitment to the region. The US equity strategies have offered a great source of performance to our clients in Europe and Asia, and we are delighted to be able to offer US institutional investors access to the same strategies”, Moz Afzal, Chief Investment Officer at EFGAM said.
Lastly, Donald Klotter, Global Head of Institutional Sales, commented that, although the team has been managing US equity portfolios for almost two decades together, this is a “pivotal time” for their institutional audience.
“The New Capital US Growth and New Capital US Small Cap Growth strategies each have a five-year track record, and both have assets in excess of USD 200 million. All strategies have delivered strong results since inception. Our conviction of multi-year growth in the US remains high and we look forward to continuing to deliver long-term results for our clients”, he concluded.