Acadian Asset Management Adds Veteran Portfolio Manager

BOSTON, Sept. 22, 2015 /PRNewswire/ -- Acadian Asset Management LLC, a firm specializing in active global and international investing, today announced the hiring of Kurt Livermore as Portfolio Manager. Mr. Livermore will be based out of the firm's Boston, MA headquarters and be responsible for equity portfolio management.

"We are very pleased to welcome Kurt as the newest member of the Acadian team," said Brendan Bradley, Senior Vice President and Director of Portfolio Management. "With nearly two decades of experience in the industry, Kurt brings a unique set of skills and expertise that closely aligns with our investment approach."

Mr. Livermore joins Acadian from GlobeFlex Capital, where he served as Partner and Portfolio Manager for U.S. and global equity strategies. Previously, Mr. Livermore worked at Matikos Capital/Front Point Partners as a Partner and Portfolio Manager for its quantitative U.S. equity market neutral strategy. Prior to that, he held the positions of Portfolio Manager and Business Development Officer at BlackRock.

"Acadian appealed to me because of its notable track record as a leader in quantitative investing, its collegial culture and its ability to be at the forefront of developing solutions for clients," added Mr. Livermore. "I'm thrilled to join such a capable team and look forward to contributing to the firm's continued success."

Mr. Livermore is a CFA® charterholder and earned his B.S. in Business Administration with a major in finance from the University of Arizona.

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 June 30, 2015, the firm managed over $74 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, small-cap, long/short, market neutral, and non-US equity strategies.  For more information on Acadian, please visit www.acadian-asset.com.

SOURCE Acadian Asset Management LLC