MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, September 12, 2024 A $60B-AUM AM Teams With an NJ Boutique The folks at a $60-billion-AUM (as of June 30), Midwestern fund firm are teaming up with a nine-year-old boutique near Near York City, and together they're launching an active equity fund that focuses on small cap stocks.
SMLL's inception date was August 28, and the fund comes with an expense ratio of 80 basis points. As of yesterday (September 11), the fund had $7.718 million in AUM. Glenn Gawronski, principal owner of Byron Place, is the portfolio manager of SMLL. Gleich describes Gawronski as sitting "squarely in the bullseye" of what the Harbor team is aiming for. "He is a proven, skilled active manager who has decided to break away and create his own boutique, honing decades of experience and knowledge he has accumulated at a larger firm," Gleich states. "An active approach and commitment to finding companies he believes have a sustainable competitive advantage can serve as a compelling allocation for advisors who seek to capture some of the potential returns available to small cap investors." SMLL's other service providers include: Ernst & Young LLP as independent accounting firm; ACA's Foreside Fund Services, LLC as distributor; and State Street Bank and Trust Company as custodian, dividend disbursing agent, and transfer agent. Printed from: MFWire.com/story.asp?s=67901 Copyright 2024, InvestmentWires, Inc. All Rights Reserved |
