The team at a faith-based fund firm recently celebrated a big milestone.

Anthony "Tony" Minopoli Knights of Columbus Asset Advisors President, Chief Investment Officer

Earlier this month, Tony Minopoli, president and chief investment officer of Knights of Columbus Asset Advisors (KoCAA), confirmed that its mutual fund family recently crossed $1 billion in AUM. The firm now offers nine mutual funds and first entered the mutual fund business in 2015.

New Haven, Connecticut-based KoCAA is a subsidiary of the Knights of Columbus, a Catholic fraternal organization. KoCAA now has $29 billion in total assets, and per its form ADV from back in March most of that is managed for insurance companies. (KoCAA does have a sister insurance company.) It has a team of 41 people, not including clerical staff.

"Recent inflows are distributed across all of our funds, demonstrating that investors appreciate the ability to diversify their faith-based investments across all asset classes," Minopolis states. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE