Aetos Research

The Role of the Asset Management Industry in Realizing a Net Zero World

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Addressing global climate change and its environmental, social, and economic impacts exists today as perhaps the single greatest long-term challenge facing our planet. This insight piece discusses how the asset management industry can play an active role in addressing climate change, specifically examining initiatives undertaken by asset managers who have formally committed to aligning their portfolios with net zero goals.

Hedge Funds in Rising Rate Environments

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As the Federal Reserve has begun a new monetary tightening cycle to combat record inflation, fixed income markets continue to face headwinds. This insight piece examines the historical behavior of hedge funds during periods of rising interest rates and explores why we believe the current environment creates compelling alpha generating opportunities for hedge funds—which are often considered an alternative or complement to traditional fixed income.

Fed Policy Observations

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At the end of July 2019, the Federal Reserve announced that it was cutting the Fed Funds rate for the first time since 2008 and suspending its balance sheet tapering program. This insight piece discusses our observations on current Fed policy and how factors considered in the Fed’s decision-making process may impact investment opportunities going forward.

ESG and Hedge Fund Investing

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In recent years, ESG investing approaches have moved from a small niche of the investment universe to the mainstream, as investor demand continues to increase. This insight piece discusses the potential for effective adoption of ESG approaches in hedge fund strategies.

Hedge Funds in Rising Rate Environments

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With quantitative easing having ended in the US and the cycle of interest rate increases well along, investors are faced with a period of continuing risks to their traditional fixed income portfolios. This insight piece discusses historical hedge fund performance during periods of rising interest rates.

Corporate Tax Reform Implications

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The Tax Cuts and Jobs Act (“Tax Act”) that became law in December 2017, represented the largest overhaul of the US tax code in over 30 years. This insight piece discusses new opportunities for alpha generation across a number of hedge fund strategies resulting from the Tax Act.

Distressed Credit Update

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Credit markets tend to be cyclical in that they track the expansion and contraction of access to credit over time. While it is very difficult to call a top in the cycle, we appear to be in the latter innings of the expansion phase. This insight piece discusses our views on the distressed credit market and our approach to current market dynamics.

Announcements and Press

Award: Most Influential Women in Institutional Investing (Pensions & Investments)

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Aetos is incredibly proud that Anne Casscells, Co-Founder, Co-President, and Chief Investment Officer, has been recognized as one of Pensions & Investments’ Most Influential Women in Institutional Investing for 2024. This prestigious honor celebrates Anne’s remarkable achievements and is a testament to her exceptional talents and the significant impact she has had in the industry.

Award: Best Places to Work in Money Management (Pensions & Investments)

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For the fourth year in a row, Aetos was recognized as one of the Best Places to Work in Money Management by Pension & Investments in its December 11, 2023 issue. We are proud of the culture we have built, which fosters a healthy work environment, abundant opportunities for professional growth, and overall personal satisfaction. Aetos paid a fee to P&I for use of the award logo after our recognition. This recognition was based on an evaluation by P&I of anonymous survey responses submitted by Aetos employees regarding their employment at Aetos relative to responses submitted by employees of other nominees.

Nomination: Diversity Champions (InvestmentNews)

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Aetos was delighted to have been selected as a finalist in the Diversity Champion category for a second year in a row as part of InvestmentNews’ 2023 Excellence in Diversity, Equity and Inclusion Awards. We are proud to be recognized for our efforts in creating an inclusive culture where different and contrasting viewpoints contribute to a more dynamic, informed and creative workplace. This recognition was based on an evaluation by InvestmentNews’ of Aetos’ responses to questions seeking factual information regarding our DEI-related practices relative to responses received from other nominees.

Award: Best Places to Work in Money Management (Pensions & Investments)

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Aetos is honored to have been selected by Pensions & Investments as one of its Best Places to Work in Money Management for a third consecutive year in its December 12, 2022 issue. We are proud to have been recognized for the strong culture of integrity, collaboration and inclusivity that we have built. Aetos paid a fee to P&I for use of the award logo after our recognition. This recognition was based on an evaluation by P&I of anonymous survey responses submitted by Aetos employees regarding their employment at Aetos relative to responses submitted by employees of other nominees.

Panel: Asset Owners: Monitoring Investment Managers (PRI in Person & Online)

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The Chair of Aetos’ ESG Committee, Juliette Menga, shared her insights at PRI in Person & Online 2022, where she discussed new industry ESG standards and their real world impact on asset owners.

Webinar and Report: Hedge Funds & ESG: Navigating Internal Change and Responsible Investing (Hedgeweek)

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Juliette Menga, the Chair of Aetos’ ESG Committee, shared her insights on developments and challenges in ESG for the hedge fund industry, particularly as institutional investors continue to push towards responsible investing across their allocations.

Nomination: Diversity Champions (InvestmentNews)

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Aetos was honored to have been selected as a finalist in the April 4, 2022 issue of InvestmentNews for its 2022 Excellence in Diversity, Equity and Inclusion Awards in the Diversity Champions category. The firm was recognized for its ability to inspire others from diverse backgrounds to join, flourish and bring their true selves to work in the financial services industry. This recognition was based on an evaluation by InvestmentNews’ of Aetos’ responses to questions seeking factual information regarding our DEI-related practices relative to responses received from other nominees.

Award: Best Places to Work in Money Management (Pensions & Investments)

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Aetos was delighted to be recognized for a second year in a row as one of the 2021 Best Places to Work in Money Management in the December 13, 2021 issue of Pensions & Investments, having been named in the top 5 of our category. The qualities this award recognizes contribute importantly to our ability to deliver value for our clients while making a positive impact on our communities. Aetos paid a fee to Pensions & Investments for use of the award logo after our recognition. This recognition was based on an evaluation by P&I of anonymous survey responses submitted by Aetos employees regarding their employment at Aetos relative to responses submitted by employees of other nominees.

Nomination: Industry Innovation Awards (Chief Investment Officer Magazine)

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Aetos was delighted to have been selected as a finalist in the ESG category for CIO Magazine’s 2021 Industry Innovation Awards in an October 1, 2021 article. We are honored that our efforts in promoting ESG and sustainable investing as well as prioritizing good corporate citizenship were recognized. This recognition was based on an evaluation by CIO Magazine of Aetos’ responses to questions seeking factual information regarding our ESG-related practices relative to responses received from other nominees.

Panel: Integrating ESG Principles into your Fund’s Investment Process (Global FundWomen Week)

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The Chair of Aetos’ ESG Committee, Juliette Menga, offered her thoughts on sustainable investing, including what we look for in ESG-focused managers, the latest regulatory updates in the ESG space and the expectations for the future.

Panel: Defining ESG and Socially Responsible Investing in a Post-COVID World (ALTSSV)

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Aetos’ Chief Investment Officer, Anne Casscells, shared her thoughts on the impact of the COVID-19 pandemic on ESG investing, including  a discussion of corporate governance through the lens of climate events and shifting consumer demands, as well as public health, diversity and management structure.

Keynote Panel: ESG and Socially Responsible Investing – Implementing a Practical Approach in a Post-COVID World (ALTSLA)

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Aetos’ Chief Investment Officer, Anne Casscells, shared her insights at ALTSLA2021 on the impact of the COVID-19 pandemic on ESG investing, as well as how investors and managers can address the ongoing challenges with ESG standardization.

Webinar: Trends in ESG Investing (Gaining the Edge Hedge Fund Educational Webinar Series)

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The Chair of Aetos’ ESG Committee, Juliette Menga, participated in Episode 16 of Agecroft Partners’ Gaining the Edge Hedge Fund Educational Webinar Series to offer her thoughts on the current ESG landscape.

In Memoriam: James G. Conzelman III

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Aetos’ Head of Client Relations and Business Development, James G. Conzelman III, passed away on December 25, 2020 after a courageous battle with cancer. Widely esteemed for his integrity, kindness, and professionalism, Jim will be missed greatly and remembered fondly by the Aetos team.

Award: Best Places to Work in Money Management (Pensions & Investments)

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Aetos was honored to be recognized as one of the 2020 Best Places to Work in Money Management in the December 14, 2020 issue of Pensions & Investments given our culture of collaboration, diversity, philanthropy and integrity. Aetos paid a fee to Pensions & Investments for reprints after our recognition. This recognition was based on an evaluation by P&I of anonymous survey responses submitted by Aetos employees regarding their employment at Aetos relative to responses submitted by employees of other nominees.

Article: Aetos Hunting for L/S Equity and Distressed with Eye on ESG (HFM InvestHedge)

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Aetos’ Deputy Chief Investment Officer, Jonathan Bishop, shared his thoughts with HFM InvestHedge on upcoming opportunities in the hedge fund space.

Article: ESG Hedge Fund Product Launches (FundFire)

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Aetos’ Co-Founder and Co-President, Michael Klein, was featured in FundFire where he spoke about our ongoing ESG efforts, as well as the challenges and opportunities hedge fund managers face in this area.

Webinar: The Quest for Alpha – What Strategies Will Outperform in the Next 24 Months? (Gaining the Edge Hedge Fund Educational Webinar Series)

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Aetos’ Deputy Chief Investment Officer, Jonathan Bishop, offered his perspective on Episode 9 of Agecroft Partners’ Gaining the Edge Hedge Fund Educational Webinar Series regarding which hedge fund strategies are positioned to outperform and generate alpha going forward.

Press Release: Aetos Announces Key ESG Hire

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Aetos is pleased to welcome Juliette Menga, who has joined the firm as a Director and Chair of its Environmental, Social and Corporate Governance (“ESG”) Committee.

Award: Women of Influence (Silicon Valley Business Journal)

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Aetos’ Chief Investment Officer, Anne Casscells, was recognized as one of the Silicon Valley Business Journal’s Women of Influence Class of 2020 for her contributions to her community and the financial services industry.

Keynote Panel: Alternatives & Private Markets Industry Outlook (ALTSSV)

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Aetos’ Deputy Chief Investment Officer,  Jonathan Bishop, shared his ideas at ALTSSV2019 on the outlook for alternatives and the role they can play in helping investors weather a potential market correction.

Feature: Flying High with Aetos (HFM InvestHedge)

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Aetos’ Co‐Founders and Co‐Presidents, Anne Casscells and Michael Klein, sat down with HFM InvestHedge to reflect on the firm that they have built and discuss the steps that they have taken to future‐proof the firm and strategies they are constructive on, including co-investments.

Investor Outlook 2019: Investors Prepare for the Return of Alpha (HFM Absolute Return)

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Aetos’ Co‐Deputy Chief Investment Officers shared their 2019 outlook on hedge fund strategies with HFM Absolute Return. They also further discussed their views on co‐investments, as well as Aetos’ recent initiatives on ESG investing.

Keynote Panel: Capitalizing on Disruption (Women’s Alternative Investment Summit)

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Aetos’ Chief Investment Officer, Anne Casscells, discussed her views at the 10th annual Women’s Alternative Investment Summit on investment opportunities arising from disruptions in capital markets.

Closing Keynote Panel: The Future of Alternative Investments (ALTSSV)

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Aetos’ Chief Investment Officer, Anne Casscells, offered her insights at ALTSSV2018 into areas in alternatives with the potential to generate meaningful risk‐adjusted returns.

Keynote Panel: Global Private Market Investing (ALTSLA)

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Aetos’ Chief Risk Officer, Michael Klein, shared his thoughts at ALTSLA 2018 on areas of opportunity in the private markets.