Brings Established Institutional Investment Management Capability to
Market
HANOVER, Mass.--(BUSINESS WIRE)--
Rockland Trust is pleased to announce the establishment of Bright Rock
Capital Management, LLC (Bright Rock) a wholly owned subsidiary
dedicated to institutional investment management. Beginning today,
Bright Rock’s institutional investment management products and services
are available to the global institutional market.
Rockland Trust and Bright Rock Capital Management combined assets under
management currently exceed $1.3 billion, and include investment
management products across the United States equity and fixed income
markets. In launching Bright Rock, Rockland Trust has affirmed its focus
on providing institutional investors with access to best of breed
products managed by the firm. Supported by the $4.5 billionRockland
Trust infrastructure and resources, Bright Rock’s investment management
team averages 25 years of experience and maintains a strong and growing
track record in several investment styles, including Mid Cap Growth,
Small Cap Growth, and Quality Large Cap.
“Consistent with the Rockland Trust commitment to excellence on behalf
of our clients, we have established Bright Rock to ensure that our
clients receive the full focus and attention of the organization,
specific to their areas of need. In Bright Rock, we see an opportunity
to provide institutional investors with direct access to industry
leading and highly focused investment management capabilities across the
US equity markets and beyond,” noted David Smith, CFA, the firm’s Chief
Investment Officer.
“With a team of dedicated investment professionals, deep infrastructure,
and a commitment to service our customers, we believe that Bright Rock
has many advantages in today’s marketplace. Our dedication to deep,
fundamental research and analysis is core to our philosophy, and is the
essence of Bright Rock’s value proposition to the market,” noted Doug
Butler, CFA, CFP and Director of Research for the firm.
Bright Rock will offer both separately managed accounts as well as
mutual funds. Critical to the needs of large institutions, Bright Rock
will have the capacity to customize mandates across the US equity
spectrum, with specific focus on the Mid Cap Growth, Small Cap Growth,
and Quality Large Cap areas of the market, among others. For further
information, visit www.brightrockcap.com.
About Bright Rock Capital Management
LLC
Bright Rock Capital Management, LLC is a wholly-owned subsidiary of
Rockland Trust. The firm’s sole focus is providing institutional quality
investment management services to institutional and high-net worth
clients. The firm employs a fundamentally based investment philosophy
and a highly disciplined investment management process. Bright Rock is a
registered investment advisor. For further information, visit www.brightrockcap.com.
About Rockland Trust
Rockland Trust Company is the largest publicly traded commercial bank
headquartered in Massachusetts, with approximately $4.5 billion in
assets. The sole bank subsidiary of Independent Bank Corp. (NASDAQ:
INDB), Rockland Trust provides a wide range of consumer, business,
investment, and insurance products and services. Rockland Trust’s
network consists of 70 retail branches, 10 commercial lending centers,
four mortgage banking centers, and four Investment Management Group
offices located throughout Eastern Massachusetts and Rhode Island.
Investing assets for individuals, businesses, and not-for-profit
organizations since 1907, Rockland Trust maintains 4 Investment
Management offices in Attleboro, MA; Hanover, MA; Osterville, MA and
Lincoln, RI. To find out why Rockland Trust is the bank “Where Each
Relationship Matters®”, please visit www.RocklandTrust.com
Source: Rockland Trust
Contact:
Rockland Trust
Joan Reid, 781-982-6537
Public Relations Manager
Joan.Reid@Rocklandtrust.com