MutualFundWire.com: From $5B to $10B In 10 Months

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Thursday, February 10, 2022

From $5B to $10B In 10 Months

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.

Printed from: MFWire.com/story.asp?s=63993

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