RMB Capital Management, an independent investment advisory firm, has expanded its asset management group with the addition of Joseph Elegante.
Elegante (pictured) joins as a portfolio manager for RMB Asset Management, a unit of RMB Capital Management, which has approximately USD2.5bn in assets under management.
“We continue to invest in our asset management capabilities by hiring top talent in the industry,” says Richard Burridge, chief executive officer and chief investment officer of RMB Capital Management. “Joe brings astute investment strategy and extensive portfolio management experience to RMB, which benefits both our firm and our clients.”
Elegante comes to RMB Capital Management with two decades of institutional and private client investment experience. Most recently, he served as senior vice president and portfolio manager on the US large cap growth team at AllianceBernstein in the firm’s Chicago office.
He specialises in the industrial and consumer sectors and has additional stock-picking expertise in technology.
Prior to working at AllianceBernstein, Elegante was a portfolio manager at National City Bank and Fifth Third Bank.