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Deals & People April 17, 2013
Chicago Equity Firm Names Fixed-Income Hire
Chicago Equity Partners LLC hired Paul M. LaCoursiere as managing director and senior fixed-income portfolio manager.
Reported by Kevin McGuinness
In addition, Michael J. Budd has been promoted to managing director.
LaCoursiere will focus on investment strategy and risk management for the firm’s suite of fixed-income products. He previously held portfolio manager and senior strategist positions at Munder Capital Management, Barclays Global Investors, and Aviva Investors. LaCoursiere holds a bachelor’s degree from the University of Michigan and a master’s of business administration from the University of Chicago. He also holds the Chartered Financial Analyst (CFA) designation.
Budd is a senior fixed-income portfolio manager specializing in the mortgage, asset-backed and agency sectors. He is a founding member of the fixed-income team and is responsible for developing the investment process in use today.
Founded in 1989, with $10.3 billion in assets under management as of March 31, Chicago Equity Partners is an institutional money manager.