FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--GQG Partners LLC (GQG Partners) announces the appointment of two Deputy Portfolio Manager roles, the creation of a Global Chief Compliance Officer role, the addition of an Associate General Counsel, and the naming of the firm’s 10th equity partner.
“We hope to build an institution that outlives us as founders, and these are steps in that direction. In naming Deputy Portfolio Managers, in addition to adding senior legal and compliance capabilities, we are acknowledging the growing demands of our now global business and adding leadership bandwidth across the team. Promoting Polyana to Partner demonstrates the value we put on our non-traditional research approach,” said Tim Carver, Chief Executive Officer of GQG Partners.
DEPUTY PORTFOLIO MANAGERS
Effective September 1, 2019, GQG Partners is designating two Deputy Portfolio Managers on the investment team for two of GQG Partners’ strategies:
Brian Kersmanc, Senior Investment Analyst, is named Deputy Portfolio Manager of International Equity
Sudarshan Murthy, CFA, Senior Investment Analyst, is named Deputy Portfolio Manager of Emerging Markets Equity
“Brian and Sudarshan have shown exceptional talent, ability, and a passion for investing,” says Rajiv Jain, GQG Partners’ Chairman and Chief Investment Officer. “After being named as equity-interest-holders last year, they continue to elevate their skills and make substantial contributions across the team and firm.”
The announcements and functions of the Deputy Portfolio Managers in no way alter the investment and decision-making process already in place at GQG Partners.
Global Equity and US Equity strategies will not have a deputy portfolio manager assigned at this time, but GQG Partners expects such assignments to be a natural development in the future.
FIRM EQUITY INTEREST ISSUED TO NEW PARTNER
Polyana da Costa, a Senior Investment Analyst at GQG Partners, was named Partner and issued equity interest in the firm. Partners with an equity interest in the firm now total ten:
— Scott Blankenship, Managing Director, Head of Intermediary
— Tim Carver, Co-Founder and Chief Executive Officer
— Polyana da Costa, Senior Investment Analyst
— Steve Ford, CAIA, Managing Director, Business Development
— Rajiv Jain, Co-Founder, Chairman and Chief Investment Officer
— Brian Kersmanc, Senior Investment Analyst and Deputy Portfolio Manager of International Equity
— Greg Lyons, General Counsel
— Rob Mathai, CFA, Chief of Staff
— Sudarshan Murthy, CFA, Senior Investment Analyst and Deputy Portfolio Manager of Emerging Markets Equity
— Melodie Zakaluk, Chief Operating Officer
Equity issuance is an annual consideration for all employees of GQG Partners who have more than two years of tenure and have made a significant contribution to the firm and its clients.
NEW GLOBAL CHIEF COMPLIANCE OFFICER AND ASSOCIATE GENERAL COUNSEL
Sal DiGangi joined GQG Partners on July 1, 2019 as the Global Chief Compliance Officer. This new role for the firm will oversee its global compliance program and focus primarily on GQG Partners’ expanding international business. Suzanne Chmura will continue to serve as US Chief Compliance Officer for the firm. DiGangi joins GQG Partners from UBS O’Connor LLC, where he was the Chief Compliance Officer responsible for leading the global compliance program of a multi-strategy hedge fund manager with a global presence. His previous experience in global regulatory compliance includes roles at Salomon Brothers Asset Management and Voya Investment Management.
The firm also added Rick Sherley as Associate General Counsel. Sherley has represented the formation, operation, and regulation of investment managers and their vehicles — including GQG Partners — for the past three years through his own consultancy, Compass Integrated Counsel, PLLC. Prior to that, he served as General Counsel and Secretary at Rainier Investment Management, Counsel at Dechert LLP, and Assistant General Counsel at Bank of America Corporation. He began his career as an associate at Seward & Kissel LLP. Sherley earned his JD with high honors from Duke University School of Law and his BA with high honors from the University of Pennsylvania.
ABOUT GQG PARTNERS
GQG Partners is an independent investment boutique focused on identifying enduring quality characteristics in reasonably priced global equities for long-term capital appreciation. We rely on a diverse and non-traditional team of analysts to challenge the short-term projections and backward-looking dogma that tend to dominate market discourse. Since our establishment in 2016, GQG Partners has set out to create a benchmark of alignment in the industry: alignment with investors, with our associates, and with the global communities in which we work and live. Learn more at gqgpartners.com.
IMPORTANT INFORMATION FOR INVESTORS
The information provided in this document does not constitute investment advice and no investment decision should be made based on it. Neither the information contained in this document or in any accompanying oral presentation is a recommendation to follow any strategy or allocation. In addition, neither is a recommendation, offer or solicitation to sell or buy any security or to purchase of shares in any fund or establish any separately managed account. It should not be assumed that any recommendations made by GQG Partners LLC (GQG) in the future will be profitable or will equal the performance of any securities discussed herein. Before making any investment decision, you should seek expert, professional advice, including tax advice, and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the law of your home country, place of residence or current abode.
Any account or fund advised by GQG involves significant risks and is suitable only for those persons who can bear the economic risk of the complete loss of their investment. There is no assurance that any account or fund will achieve its investment objectives. Accounts and funds are subject to price volatility and the value of a portfolio will change as the prices of investments go up or down. Before investing in a strategy, you should consider the risks of the strategy as well as whether the strategy is suitable based upon your investment objectives and risk tolerance. There may be additional risks associated with international and emerging markets investing involving foreign, economic, political, monetary, and/or legal factors. International investing is not for everyone. You can lose money by investing in securities.
This document reflects the views of GQG as of a particular time. GQG’s views may change without notice. Any forward-looking statements or forecasts are based on assumptions and actual results may vary.
GQG provides this information for informational purposes only. GQG has gathered the information in good faith from sources it believes to be reliable, including its own resources and third parties. However, GQG does not represent or warrant that any information, including, without limitation, any past performance results and any third-party information provided, is accurate, reliable or complete, and it should not be relied upon as such. GQG has not independently verified any information used or presented that is derived from third parties, which is subject to change. Information on holdings, allocations, and other characteristics is for illustrative purposes only and may not be representative of current or future investments or allocations.
The information contained in this document is unaudited. It is published for the assistance of recipients, but is not to be relied upon as authoritative and is not to be substituted for the exercise of one’s own judgment. GQG is not required to update the information contained in these materials, unless otherwise required by applicable law.
GQG is registered as an investment adviser with the U.S. Securities and Exchange Commission (“SEC”). Please see GQG’s Form ADV Part II, which is available upon request, for more information about GQG.
© 2019 GQG Partners LLC. All rights reserved. Information presented is as of July 1, 2019 and denominated in US dollars (US$), unless otherwise stated.
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