Acadian Announces Philanthropic Partnerships with Three Local Organizations
Boston-based Acadian Asset Management, a leader in active global and international investing, today announced a strategic partnership with three local non-profits, including Inversant, making annual high-impact investments over the next three years and providing as needed on-the-ground support.
The three organizations—Inversant, Thompson Island Outward Bound Education Center, and Budget Buddies—were selected by Acadian’s Charitable Giving Committee following a months-long information gathering and due diligence process. Laurent De Greef, Committee Co-Chair and Director of Client Solutions and Product Development for the firm, said, “Acadian is a mission-led organization, and we believe that we can only thrive if our local community thrives.” Acadian said it wanted to focus on local organizations with a strong educational component to their mission and sought organizations where it felt the firm could have the most tangible impact.
Inversant CEO Charlie Desmond commented of Acadian’s discovery process, “the deep dive into our work, real questions about the efficacy of our efforts, and conversations around how the firm can best support the mission…it’s been a totally unparalleled experience and we are delighted to be a part of this team.”
About Acadian Asset Management LLC
Acadian Asset Management LLC invests on behalf of institutional investors such as pension funds, endowments, governments and foundations, as well as individual investors. As of December 31, 2017 the firm managed over $92 billion. The firm uses an innovative array of disciplined, quantitative investment techniques and analytical models for active stock selection as well as country, sector and currency valuation. Acadian’s strategies include managed volatility, emerging markets, global equity, multi-asset, small-cap, long/short, market neutral, and non-US equity strategies. For more information on Acadian, please visit www.acadian-asset.com.