Bank / Wealth / TrustRIA · CRD 110637SEC-RegisteredPrivate Fund Adviser

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Ramirez Asset Management

Ramirez Asset Management was founded in 2002 as an investment advisory affiliate of Samuel A. Ramirez & Co., the New York-based investment bank established in...

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Ramirez Asset Management

Ramirez Asset Management was founded in 2002 as an investment advisory affiliate of Samuel A. Ramirez & Co., the New York-based investment bank established in 1971. The firm specializes in managing assets for institutional investors, including public pension plans, corporations, and government entities. It operates from headquarters in New York and an additional office in Chicago. The firm offers nine fixed-income composites spanning cash management to long-duration strategies, alongside six equity composites covering international, emerging-markets, and US equities. Its client base includes 8 of the top 100 US retirement funds and 7 Fortune 100 corporations (per Pensions & Investments, February 2023). The acquisition of Chicago-based equity manager Thomas White International in July 2023 expanded its international and emerging-markets equity capabilities. Geographic coverage encompasses domestic US markets and developed and emerging international markets. Firm assets exceed $13 billion, supported by a 35% trailing five-year annualized growth rate. RAM's employee count has grown 127% over five years. In July 2023, it completed the acquisition of Thomas White International, an institutional equity manager in Chicago, adding international and emerging-markets equity strategies to its platform. The firm serves a diverse client base that includes state and local governments, endowments and foundations, insurance companies, and Taft-Hartley plans. Ramirez Asset Management operates within the broader Ramirez & Co. ecosystem, giving it a structural link to a minority-owned investment bank with a five-decade track record in underwriting and distribution. This relationship provides the asset manager with a differentiated institutional distribution channel not typically available to independent, mid-sized fixed-income managers.

General information

Firm type

Bank / Wealth / Trust

Year founded

2002

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

14 E. 52nd Street, New York, NY 10022, United States

Additional offices

Chicago, IL, United States

Sector focus

Fixed IncomeEquities

Frequently asked questions

Who runs investment decisions at Ramirez Asset Management?

The firm does not publicly name its CIO or portfolio managers on its website. Institutional allocators should request team bios and key-person risk disclosures directly during due diligence.

How does Ramirez Asset Management source its institutional client base?

RAM benefits from its affiliation with Samuel A. Ramirez & Co., a minority-owned investment bank with deep relationships across public pension systems, government entities, and Fortune 500 treasury departments. This channel appears to drive significant asset-gathering, with 8 of the top 100 retirement funds and 7 Fortune 100 companies on its roster (per Pensions & Investments, February 2023).

What fixed-income strategies does RAM manage?

RAM runs nine fixed-income composites covering the full duration spectrum from cash management to long-duration mandates. The firm emphasizes customizable strategies tailored to each institutional client's specific guidelines and constraints.

How did the Thomas White International acquisition change RAM's equity capabilities?

The July 2023 acquisition added dedicated international and emerging-markets equity strategies to RAM's existing US equity platform. It also established RAM's second office in Chicago, broadening its geographic presence beyond New York.

What is the relationship between Ramirez Asset Management and Samuel A. Ramirez & Co.?

RAM is an affiliate of Samuel A. Ramirez & Co., the investment bank founded in 1971. The parent firm is recognized as one of the oldest Hispanic-owned investment banks in the United States. RAM operates as a distinct registered investment adviser focused exclusively on asset management.

Does RAM manage assets for non-institutional clients?

Yes. In addition to public pensions, corporations, endowments, and Taft-Hartley plans, RAM advises high-net-worth individuals. However, its disclosed client composition and marketing emphasize institutional separate accounts over retail or pooled vehicles.

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