PASADENA, Calif., Jan. 2, 2013 /PRNewswire/ -- The partners of 300 North Capital, LLC announced today that they have completed the previously announced transaction to purchase their existing business from Old Mutual Asset Management. The deal, announced in October, transforms 300 North into an independent, employee-owned investment firm.
"With the close of this transaction, we embark on the next phase of building and enhancing our business for our clients and employees," said Richard Campagna, CEO and CIO of 300 North. "We thank Old Mutual for its tremendous support throughout the years."
About 300 North Capital, LLC
300 North Capital, based in Pasadena, CA, is an institutional investment manager specializing in small, mid, SMID, and all cap growth equity strategies, as well as an alternative global macro strategy. The firm has a long history of managing assets for a variety of clients including corporations, public and Taft-Hartley funds, endowments and foundations, and high-net worth individuals.
300 North Capital has an experienced seven member investment team. The firm's long-only investment approach seeks to buy only superior companies; those that are characterized by strong management, higher quality, and superior growth rates. The firm's global macro strategy is a discretionary, absolute return global macro product with an investment universe including equities, fixed income, commodities, and currencies. Risk management is an integral part of firm's investment strategies.
For more information please visit www.300northcapital.com.
SOURCE 300 North Capital, LLC