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Pluscios Management
Pluscios Management is a WBENC-certified investment manager in Evanston, IL, founded by Constance Teska and Kelly Chesney.
Pluscios Management
Pluscios Management was founded in Evanston, Illinois by Constance Teska and Kelly Chesney, who bring over 60 years of combined investment management experience. The firm is certified by the Women's Business Enterprise National Council (WBENC) and describes itself as built around diversity from day one, not as an add-on. The firm constructs bespoke investment solutions for institutions and intermediaries, offering broadly diversified core and catalyst portfolios alongside custom mandates. Its investment process focuses on downside protection and long-term risk-adjusted performance through dynamic portfolio management and active, opportunistic allocation. Pluscios uses both small niche managers and large established firms, applying relentless risk management protocols. Institutional clients make up 80% of Pluscios' base. The firm's co-founders have been recognized by Crain's Business Chicago (2020) for entrepreneurial distinction and featured in "Women of the Street" for commentary on female money managers generating higher returns. Pluscios provides hands-on product development support and custom solutions centered on diverse and emerging managers. Pluscios' structural differentiator is its deliberate focus on diversity as a core portfolio construction principle, not a separate initiative — a stance that distinguishes it from many institutional allocators that layer diversity programs onto existing mandates. The firm positions itself as different by design, using its minority- and women-owned status not as a marketing point but as an integral part of its sourcing and mandate approach.
General information
Firm type
Fund of Funds Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Evanston
Corporate office
Evanston, IL, United States
Principals
Constance Teska
Co-Founder
Kelly Chesney
Co-Founder
Frequently asked questions
Who runs investment decisions at Pluscios Management?
Constance Teska and Kelly Chesney are co-founders who together shape the firm's investment approach. Their combined investment management experience exceeds 60 years. Both are actively involved in portfolio construction and client relationships.
Is Pluscios Management structured as a single family office or a fund of funds?
Pluscios is an investment management firm serving institutional and intermediary clients, not a family office. It operates as a fund of funds manager, building bespoke portfolios by selecting external managers across asset classes.
What investment approach does Pluscios use?
Pluscios constructs resilient portfolios through dynamic asset allocation and active risk management. It blends both small, niche managers and large, established firms, emphasizing downside protection and long-term risk-adjusted returns. The firm does not disclose specific asset class or stage targeting.
How does Pluscios incorporate diversity into its portfolio construction?
The firm states that diversity has been integral to its operations from day one, not a later addition. It focuses on diverse and emerging managers in its bespoke solutions, and is WBENC-certified as a women-owned business. This approach is central to its identity rather than a standalone program.
Does Pluscios disclose its assets under management?
No. The firm does not publicly report AUM. Its scale is known only from its description as an institutional-focused manager (80% of clients are institutions) with combined decades of experience among co-founders.
What type of clients does Pluscios serve?
Institutions constitute 80% of the client base, with intermediaries making up the remainder. The firm builds bespoke solutions and does not appear to serve high-net-worth individuals directly.
Are there any external recognitions of the firm's leadership?
Crain's Business Chicago named co-founder Constance Teska a distinguished entrepreneur in 2020. The firm was also featured in the book "Women of the Street" for commentary on female money managers generating higher returns.
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