CHICAGO, June 14, 2021 /PRNewswire-PRWeb/ -- North
Square Investments (North Square), a multi-boutique manager with a
range of equity, fixed income and multi-strategy product offerings,
has completed the acquisition of the mutual funds of Stadion Money
Management. The acquisition adds three new funds to North Square's
existing fund complex, while increasing North Square's mutual fund
assets under management to over $1
billion as of June 14,
2021.
The Stadion Tactical Growth (ETFOX), Tactical Defensive (ETFWX)
and Trilogy Alternative Return (STTIX) Funds have been renamed the
North Square Tactical Growth Fund, North Square Tactical Defensive
Fund and North Square Trilogy Alternative Return Fund,
respectively. (The ticker symbols remain the same.)
"These three specialty investment strategies add alternative,
tactical and asset allocation options to our existing fund family,
increasing our total number of funds in the North Square family to
12," said Mark Goodwin, Co-Founder
and CEO of North Square.
"The new North Square funds with their experienced portfolio
managers address the significant demand in the marketplace for
multi-asset solutions," said said Phil
Callahan, Head of Distribution for North Square. "We believe
these funds will meet the needs of our financial intermediary
partners and their investors."
The acquisition of the Stadion Funds marks North Square's second
major acquisition in the last 18 months. In March of 2020, North
Square completed the acquisition of CS McKee, a full-service
institutional money manager founded in 1931 and headquartered in
Pittsburgh, Pennsylvania.
North Square is committed to the sourcing, vetting and delivery
of institutional quality, active investment managers to their
financial intermediary partners which include broker dealers,
wealth management advisors, RIAs, family offices, retirement plans
and private banks. We believe the firm delivers value to its
investment partners by providing support services and access to
distribution while assisting distribution partners as they search
for high quality, alpha-generating active investment strategies to
build better risk-adjusted portfolios for their clients. North
Square's multi-boutique platform includes a mutual fund family and
ownership interests in the distinctly branded firms of CS McKee and
Oak Ridge Investments with collective assets under management and
advisement of over $10 billion
following the acquisition on June 14,
2021.
About North Square
Founded in 2018 and headquartered in Chicago, Illinois, North Square Investments is
an independent, multi-boutique investment firm dedicated to
delivering differentiated active investment strategies to the
market. North Square has an experienced senior management team, a
board composed of industry veterans including John Amboian, Neil
Cummins and Brian Gaffney,
and is backed by Estancia Capital Partners. Learn more about North
Square Investments at northsquareinvest.com.
About Stadion Money Management
Established in 1993, Stadion Money Management is an independent
firm headquartered near Athens,
Georgia. Stadion works with advisors and recordkeepers to
build custom retirement plan and participant level investment
solutions. As of May 31, 2021,
Stadion managed over $3 billion.
Stadion Money Management and North Square Investments, LLC are
investment advisers registered with the U.S. Securities and
Exchange Commission. Registration does not imply a certain level of
skill or training. More information about the companies' investment
advisory services can be found in their respective Form ADV, which
are available upon request. Past performance is not indicative of
future results. Nothing contained herein constitutes an offer to
buy or sell a particular security or investment product. This
information contains opinions that are as of the date of this
publication and are subject to change without notice.
NSI-2021-13.
Important Information:
There can be no guarantee that any strategy (risk management or
otherwise) will be successful. All investing involves risk,
including potential loss of principal.
Alpha: The term "alpha," is used in finance as a measure of
performance. Alpha is the excess return of an investment relative
to the return of a benchmark index.
Before investing you should carefully consider the Fund's
investment objectives, risks, charges and expenses. This and other
information is in the prospectus, a copy of which may be obtained
by calling 855-551-5521. Please read the prospectus carefully
before you invest.
Funds distributed by Compass Distributors, LLC.
Media Contact
Martin Charles Gawne, North
Square Investments, (312) 259-0884,
mgawne@northsquareinvest.com
SOURCE North Square Investments