October 9, 2018 | Archer, the Complete Investment Management Solution
Berwyn, PA (October 9, 2018) – Archer®, a leading provider of technology-enabled middle and back office services for the global investment management industry, today announced that it has been selected by Chicago-based CastleArk Management LLC to facilitate CastleArk’s fast-to-market entry into the retail SMA business.
“Our strategies have proven successful with our institutional clients, and our exposure to the retail business with select sponsors has been positive,” said CastleArk’s COO Rick Simek. “We see strong retail growth ahead, and are pleased that Archer was able to launch our initial offering so quickly. We look forward to working with them on efficiently scaling the business as it grows.”
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Simek teamed with Archer’s Executive Vice President Matt Caulfield in the initiative. “Quick launch into the retail SMA business has become an Archer specialty,” said Caulfield. “Our onboarding team has the right relationships and extensive experience, so our asset manager clients gain a quick ROI on product expansion with a scalable, variable-cost infrastructure. This is particularly important to firms who want to maintain focus on generating investment results for clients.”
About CastleArk Management
CastleArk Management LLC is a registered investment advisor whose investment strategies include Large Cap Growth, SMID Cap Growth, Small Company Growth, International Small Cap Growth and Master Limited Partnerships (MLP) growth equities, as well as Global Energy equities. Founded in 1999, the firm was recently named among Pensions & Investments’ Top Performing Managers of International Equity.
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