Rosemont Investment Partners supports recapitalization of Martingale Asset Management

CONSHOHOCKEN, PA – December 28, 2017 – Rosemont Investment Partners, LLC, a specialist private investor in the asset and wealth management communities, is pleased to announce that it has made a 20% equity investment in Martingale Asset Management, L.P. as a Limited Partner. This marks Rosemont’s 30th investment and 4th in the last 17 months. Martingale is a Boston-based equity investment management firm with approximately $8 billion under management. For 30 years, Martingale has served institutional clients with a broad array of investment strategies.

Said Chas Burkhart, Rosemont’s founder: “We have admired Martingale for years, and are excited to have the opportunity to invest in their business. They are a very well run firm, and their investment capabilities are well suited to meet the needs of sophisticated institutional investors.”

Said Alan Strassman, Martingale’s Chairman: “Rosemont is an ideal partner to assist us in the transition to a second generation of owner-managers. As our founding partners reach retirement age, we are pleased that Martingale will continue to be an independent investment firm able to maintain its long tradition of deep employee ownership.”

Morgan, Lewis & Bockius LLP represented Rosemont in connection with the investment, and Martingale was advised by a team from Choate, Hall & Stewart LLP.

About Rosemont Investment Partners, LLC

Rosemont is a specialist private equity firm focused exclusively on making investments in asset and wealth managers. Rosemont typically takes minority positions in support of management buyouts, recapitalizations, ownership transitions, and selected start-ups. In addition to providing capital, Rosemont leverages 30 years of advising and investing in asset and wealth management businesses.

About Martingale Asset Management, L.P.

Martingale Asset Management, L.P., founded in 1987, is an independent equity manager distinguished by thought leadership and innovation to serve sophisticated institutional investors. Martingale’s expertise has included active completeness funds, long/short and equity market neutral portfolios, market extension (130/30) equity portfolios, and low volatility equity strategies.