ASTON/Crosswind Small Cap Growth Launches I-Class Shares

CHICAGO, June 2, 2011 /PRNewswire/ -- Aston Asset Management, LP (Aston) is pleased to announce the launch of I-Class shares for the ASTON/Crosswind Small Cap Growth Fund (Ticker: ACWIX), effective on June 1, 2011.

The ASTON/Crosswind Small Cap Growth Fund N-Class was launched on November 3, 2010.  The Fund seeks to provide long-term capital appreciation by investing in small-capitalization stocks with unrecognized growth potential using a bottom up fundamental selection process.  The target capacity for the strategy, which includes the Fund and institutional separate accounts, is expected to be approximately $1.2 billion.  

"Crosswind brings a distinctive strategy for selecting securities, as well as the level of prudent risk management we believe is essential for long-term wealth building," said Kenneth C. Anderson, President of Aston. "We are very pleased with the Fund's reception among investors."

Andrew Morey, CFA is a Partner with Crosswind Investments, LLC (Crosswind) and the portfolio manager for the Crosswind Small and Small/Mid Cap investment strategies. Andrew has 19 years of investment management experience and prior to joining Crosswind, Andrew was the founder and portfolio manager of Tartan Partners, LLC. Prior to Tartan Partners, Andrew worked at State Street Research & Management from 1995 to 2005. He spent five years as an analyst focusing on a variety of sectors, and then served as lead portfolio manager for the Concentrated Small Cap Growth strategy as well as co-portfolio manager on the Small Cap Growth strategy from 2000 to 2005 responsible for managing $1.8 billion in assets.  Andrew was also a research analyst for Gabelli & Co. from 1994 to 1995 and for Kidder Peabody from 1991 to 1993.  Andrew holds a B.A. from Vanderbilt University and an M.B.A. from Columbia Business School.

"Crosswind is an institutionally focused investment firm that seeks to help our clients meet their investment goals by providing what we believe are highly specialized, value added equity strategies," said Andrew Morey, portfolio manager of the ASTON/Crosswind Small Cap Growth Fund. "Our small cap growth strategy pursues unrecognized growth potential, wherever it exists across all industry sectors and economic environments. We are delighted that the Fund will now be available to investors in I-Class shares."

To request more information please contact Tony Kono at 973-732-3521 or [email protected]

Aston Asset Management, LP

Aston Asset Management, LP, headquartered in Chicago, Illinois, is a diversified institutional investment management firm. Aston offers investment management services to the mutual fund and separately managed account markets. Aston is the advisor to twenty-four mutual funds with total net assets of approximately $9.5 billion as of April 30, 2011.  For more information on the funds managed by Aston please call 800-597-9704.

Note:  Small- and mid-cap stocks are considered riskier than large-cap stocks due to greater potential volatility and less liquidity.

Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. Please call 800 597-9704 for a prospectus which contains this and other information about the Fund. Read it carefully before you invest or send money. Aston Funds are distributed by BNY Mellon Distributors Inc.

SOURCE Aston Asset Management, LP