GQG Partners Announces Deputy Portfolio Managers; Names New Partner, Global Compliance Officer, and Associate General Counsel
FORT LAUDERDALE — July 1, 2019 — GQG Partners LLC (GQG Partners) announces the appointment of two Deputy Portfolio Manager roles, the creation of a Global Chief Compliance Officer role, the addition of an Associate General Counsel, and the naming of the firm’s 10th equity partner.
“We hope to build an institution that outlives us as founders, and these are steps in that direction. In naming Deputy Portfolio Managers, in addition to adding senior legal and compliance capabilities, we are acknowledging the growing demands of our now global business and adding leadership bandwidth across the team. Promoting Polyana to Partner demonstrates the value we put on our non-traditional research approach,” said Tim Carver, Chief Executive Officer of GQG Partners.
DEPUTY PORTFOLIO MANAGERS
Effective September 1, 2019, GQG Partners is designating two Deputy Portfolio Managers on the investment team for two of GQG Partners’ strategies:
Brian Kersmanc, Senior Investment Analyst, is named Deputy Portfolio Manager of International Equity
Sudarshan Murthy, CFA, Senior Investment Analyst, is named Deputy Portfolio Manager of Emerging Markets Equity
“Brian and Sudarshan have shown exceptional talent, ability, and a passion for investing,” says Rajiv Jain, GQG Partners’ Chairman and Chief Investment Officer. “After being named as equity-interest-holders last year, they continue to elevate their skills and make substantial contributions across the team and firm.”
The announcements and functions of the Deputy Portfolio Managers in no way alter the investment and decision-making process already in place at GQG Partners.
Global Equity and US Equity strategies will not have a deputy portfolio manager assigned at this time, but GQG Partners expects such assignments to be a natural development in the future.
FIRM EQUITY INTEREST ISSUED TO NEW PARTNER
Polyana da Costa, a Senior Investment Analyst at GQG Partners, was named Partner and issued equity interest in the firm. Partners with an equity interest in the firm now total ten:
- Scott Blankenship, Managing Director, Head of Intermediary
- Tim Carver, Co-Founder and Chief Executive Officer
- Polyana da Costa, Senior Investment Analyst
- Steve Ford, CAIA, Managing Director, Business Development
- Rajiv Jain, Co-Founder, Chairman and Chief Investment Officer
- Brian Kersmanc, Senior Investment Analyst and Deputy Portfolio Manager of International Equity
- Greg Lyons, General Counsel
- Rob Mathai, CFA, Chief of Staff
- Sudarshan Murthy, CFA, Senior Investment Analyst and Deputy Portfolio Manager of Emerging Markets Equity
- Melodie Zakaluk, Chief Operating Officer
Equity issuance is an annual consideration for all employees of GQG Partners who have more than two years of tenure and have made a significant contribution to the firm and its clients.
NEW GLOBAL CHIEF COMPLIANCE OFFICER AND ASSOCIATE GENERAL COUNSEL
Sal DiGangi joined GQG Partners on July 1, 2019 as the Global Chief Compliance Officer. This new role for the firm will oversee its global compliance program and focus primarily on GQG Partners’ expanding international business. Suzanne Chmura will continue to serve as US Chief Compliance Officer for the firm. DiGangi joins GQG Partners from UBS O’Connor LLC, where he was the Chief Compliance Officer responsible for leading the global compliance program of a multi-strategy hedge fund manager with a global presence. His previous experience in global regulatory compliance includes roles at Salomon Brothers Asset Management and Voya Investment Management.
The firm also added Rick Sherley as Associate General Counsel. Sherley has represented the formation, operation, and regulation of investment managers and their vehicles — including GQG Partners — for the past three years through his own consultancy, Compass Integrated Counsel, PLLC. Prior to that, he served as General Counsel and Secretary at Rainier Investment Management, Counsel at Dechert LLP, and Assistant General Counsel at Bank of America Corporation. He began his career as an associate at Seward & Kissel LLP. Sherley earned his JD with high honors from Duke University School of Law and his BA with high honors from the University of Pennsylvania.
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ABOUT GQG PARTNERS
GQG Partners is an independent investment boutique focused on identifying enduring quality characteristics in reasonably priced global equities for long-term capital appreciation. We rely on a diverse and non-traditional team of analysts to challenge the short-term projections and backward-looking dogma that tend to dominate market discourse. Since our establishment in 2016, GQG Partners has set out to create a benchmark of alignment in the industry: alignment with investors, with our associates, and with the global communities in which we work and live. Learn more at gqgpartners.com.
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The information provided in this document does not constitute investment advice and no investment decision should be made based on it. Neither the information contained in this document or in any accompanying oral presentation is a recommendation to follow any strategy or allocation. In addition, neither is a recommendation, offer or solicitation to sell or buy any security or to purchase of shares in any fund or establish any separately managed account. It should not be assumed that any recommendations made by GQG Partners LLC (GQG) in the future will be profitable or will equal the performance of any securities discussed herein. Before making any investment decision, you should seek expert, professional advice, including tax advice, and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the law of your home country, place of residence or current abode.
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