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Progress Investment Management Co. Publishes Guidebook for Emerging Asset Managers

Titled TWENTY: Then; Now; Next, the book explores many of the management and market techniques employed by small but successful asset management firms, as told from the perspective of a variety of industry experts, emerging firms that have established themselves over the years, and Progress Investment Management, a leading manager-of-emerging-managers for more than twenty years. TWENTY: Then; Now; Next focuses largely on the human side of asset management, by showcasing the personal stories of asset management entrepreneurs. In many ways, these stories illustrate how emerging manager investing has helped to diversify and enrich the asset management industry, as well as make it more inclusive. Finally, the book concludes by asking industry participants thought-provoking questions about their respective futures and sharing their insights about emerging manager investing.

"The term "emerging manager" has come to mean independently-owned, entrepreneurial, or boutique asset management firms, including, but not limited to, minority- and women-owned managers," said Thurman V. White, Jr., who is president and CEO of Progress and author of the book. "These firms are smaller in size, typically managing $2 billion to $3 billion in assets, with performance track records of five years or less." White further notes, "As institutional investors search globally for new sources of alpha and new opportunities for diversification and innovation, we think that emerging managers have more than demonstrated their mettle."

Among the many thought-provoking subjects covered in this new publication are such topics as "The Critical Link: Investment Performance" ; "Equitable Equity" ; "Creating Cultures of Success" ; "Is There Danger in Doing Well?" ; "Emerging Managers: What's In a Name?" ; as well as others. Also presented are case histories of established emerging managers as related by the heads of several notable emerging investment firms.

Interested parties may receive a complimentary copy of TWENTY: Then; Now; Next by requesting the book via the Progress website at www.progressinvestment.com.

Progress Investment Management Company, LLC:

Founded in 1990 and headquartered in San Francisco, Progress Investment Management Company pioneered the field of working with emerging managers-smaller, entrepreneurial money management firms—to create diversified, risk-controlled, multi-manager investment funds. Progress is one of the largest minority-owned and operated asset management firms in the U.S., and it is the oldest and largest independent firm to specialize in the identification and management of emerging investment managers. The firm presently manages $7.3 billion in portfolios consisting of domestic, international and private equity, as well as fixed income, for some of the largest, most sophisticated and well-known institutional plan sponsors in the United States.

Progress Investment Management Company
Mona Williams, 415-512-3480