Paris-based asset manager Comgest has grown its overseas presence, as US regulator, the Securities and Exchange Commission (SEC), registered its Boston and Dublin-based businesses.
SEC registration means Comgest can offer portfolio management services to US clients, as well as private funds offered by the firm. James DuPont and Kevin Robertson have been posted to the Boston office as senior investor relations professionals, where they will work with institutional clients. US equities analyst Peter Shapiro, who made the move from Paris last year, will support them.
Arnaud Cosserat, chief executive and chief investment officer of Comgest, said the registration demonstrated the firm’s commitment to its growing American investor base, and our ability to provide local servicing.
“The US market has many likeminded, long-term investors that value a sustainable equity investment approach such as that of Comgest,” he said.
Comgest has over $23 billion (€20.7 billion) in assets under management globally.
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