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Rating:Munder Lifts Out Portfolio Team from The Boston Company Not Rated 2.9 Email Routing List Email & Route  Print Print
Monday, August 6, 2007

Munder Lifts Out Portfolio Team from The Boston Company

Reported by Erin Kello

Munder Capital has lifted out a team of portfolio managers and analysts from Bank of New York Mellon Corp. subsidiary The Boston Company in order to found a new Boston office, according to a news release.

Leading the new efforts will be Remi Browne and Daniel LeVan, formerly senior vice presidents and lead portfolio managers of The Boston Company’s international core and international small cap investment teams.

At Munder, their responsibilities will be almost identical to those they performed at The Boston Company, with Browne taking the title of managing director-international equity and LeVan becoming the director of small cap international equity.

“Remi and his team are a tremendous fit for Munder Capital,” said John Adams, CEO of Birmingham, Michigan-headquartered Munder. “We have a diversified suite of domestic equity and fixed-income disciplines and Remi and his team have a strong record in the international space. We share the same investment philosophy and team culture and our risk controls are very similar. We believe that our clients will greatly benefit from our expanded capability.”

Filling out Munder's new Boston team are senior portfolio managers Peter S. Carpenter, John W. Evers, and Jeffrey R. Sullivan, senior analyst Peter J. Collins, and analyst Robert D. Cerow. All join Munder from The Boston Company.

A spokesperson for BoNY Mellon, confirmed the seven departures.

Taking over the portfolio management duties at the Boston Company Asset Management is Dave Cameron, chief investment officer, he will be supported by Bill Patzer, lead portfolio manager, John Truschel, portfolio strategist, and Maureen Gaublikian, portfolio strategist.  

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