|By Marketwired .||
|January 24, 2014 02:18 PM EST||
PASADENA, CA--(Marketwired - January 24, 2014) - 300 North Capital, LLC, an institutional investment manager specializing in U.S. growth equities and alternatives, is pleased to announce its selection by Danske Invest, the Danish fund complex, to sub-advise a mid cap growth strategy.
Danske Invest, the fund management business owned by Danske Bank Group, one of the largest financial enterprises in the Nordic Region appointed 300 North Capital, in July of 2013, as a dedicated mid cap growth sub-adviser. The mid cap growth mandate has assets currently in excess of $150 million.
The fund managed by portfolio managers Rick Campagna and Jim Landreth seeks to outperform the Russell Mid Cap Growth Benchmark. The strategy is primarily based on a bottom-up, fundamental research process while incorporating top-down, strategic, and thematic views.
"We are thrilled that Danske Invest has chosen 300 North Capital as its sub-adviser for this mid cap growth mandate," said Richard Campagna, CEO and CIO of 300 North Capital. "As a 100% employee owned boutique investment manager, with a differentiated approach to growth investing, we are excited about our prospects in the mid cap growth area both this year and beyond. We look forward to a long and fruitful partnership with Danske."
"Danske prides itself on thorough due diligence in choosing our investment managers, and we are pleased to have added 300 North Capital to our expert stable of external managers," said Robert Mikkelstrup, head of fund products at Danske Invest.
About Danske Invest
Danske Invest is the brand name for mutual funds managed by fund management companies in the Danske Bank Group. Danske Invest offers a broad range of high-quality equity and bond sub-funds to investors in the Nordic and Baltic regions, the Republic of Ireland, Germany and Luxembourg. As of September 2013, approximately EUR72 billion in assets is managed under the Danske Invest brand and distributed through more than 300 sub-funds.
About 300 North Capital, LLC
300 North Capital, LLC is an institutional investment manager specializing in U.S. growth equity and alternatives. Located in Pasadena, California, the firm is independently owned with an experienced investment team. 300 North Capital's client base includes a distinguished list of corporations, public funds, endowments, foundations, family offices, and high-net-worth individuals. For more information, please visit www.300northcapital.com.
Senior Vice President, Institutional Sales