Less than three years in, the team at a Midwestern fund firm's newest boutique arm is celebrating a big milestone: crossing into 11-figure territory. Their assets have doubled in less than a year.
| Eduardo A. Repetto
Chief Investment Officer
Earlier this week, Eduardo Repetto
, chief investment officer of Avantis Investors
that the boutique has surpassed $10 billion in assets under supervision (AUS). That's less than 32 months after Repetto and chief operating officer Pat Keating launched
Avantis within American Century
, less than 29 months after the Avantis team rolled out their first strategies
, and less than 10 months since Avantis surpassed
$5 billion in AUM. (All of American Century had $250 billion in AUS as of November 8, 2021.)
"As we look back to the beginning some two and a half years ago, we are proud of what has been accomplished so far and energized for the path forward," Repetto writes in a LinkedIn post.
Repetto notes that Avantis now has a team of 25. (American Century has more than 1,400 total employees.) Last month, the Avantis team launched
their 13th ETF.
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