RWC Partners has announced it has entered into an advisory relationship with RiceHadleyGates (RHG) through its emerging and frontier markets teams established in 2015 and headed by John Malloy and James Johnstone.
The emerging markets advisory firm is led by former US Secretary of State Condoleezza Rice (pictured), former US Secretary of Defense Robert Gates, former National Security Advisor Stephen Hadley and former State Department official Anja Manuel.
It is understood RHG will provide strategic input on political and structural market developments to boost the team’s top down macro views.
RWC’s emerging and frontier market investment team comprises of 17 people and manages over $2bn (€1.8bn).
John Malloy, co-Head of RWC Emerging and Frontier Markets team commented: “RiceHadleyGates offer unique insights into the geopolitical environment across our investment universe.
“It is critical for us to invest in these markets is a deep understanding of not only the companies in which we invest, but also of the political challenges, risks and opportunities they face. We are extremely fortunate to have developed a strong relationship with RHG over the last few years and are pleased to be able to continue this at RWC.”
Dan Mannix, CEO of RWC Partners said: “We continue to have a unique opportunity with John and James’ team. To have raised over $2bn since they joined just over 12 months ago is a reflection of the exceptional team and processes they have developed.
“Since we launched these funds they have all delivered top quartile, and in some cases top decile, performance, and as we move into a more positive environment for the asset class we are looking forward to the continuing development of the team.”
RWC Partners had over $10.5bn (€9.6bn) of assets under management as at 31 August 2016.