Less than three years in, the team at a Midwestern fund firm's newest boutique arm is celebrating a big milestone: crossing into 11-figure territory. Their assets have doubled in less than a year.
| Eduardo A. Repetto Avantis Investors Chief Investment Officer | |
Earlier this week,
Eduardo Repetto, chief investment officer of
Avantis Investors,
confirmed that the boutique has surpassed $10 billion in assets under supervision (AUS). That's less than 32 months after Repetto and chief operating officer
Pat Keating launched Avantis within
American Century, less than 29 months after the Avantis team rolled out their
first strategies, and less than 10 months since Avantis
surpassed $5 billion in AUM. (All of American Century had $250 billion in AUS as of November 8, 2021.)
"As we look back to the beginning some two and a half years ago, we are proud of what has been accomplished so far and energized for the path forward," Repetto writes in a LinkedIn post.
Repetto notes that Avantis now has a team of 25. (American Century has more than 1,400 total employees.) Last month, the Avantis team
launched their 13th ETF. 
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