Articles from First Manhattan

First Manhattan, an independently owned and operated investment advisory firm, announced today that Grand-Jean Capital Management, a registered investment advisor with over $500 million in assets under management, has joined the Firm. Steven Grand-Jean joins as a Managing Director and Portfolio Manager, bringing decades of experience in investment management and client advisory. He and his team will continue to work closely with clients while leveraging First Manhattan’s in-house research capabilities, wealth planning expertise, and robust operating platform.

First Manhattan, a $32B AUM independently owned and operated investment advisory firm, today announced the launch of FM Compounders Equity ETF (ticker: FMCE), an actively managed ETF that invests in First Manhattan’s highest-conviction ideas driven by its rigorous fundamentals-based approach. The ETF will invest in 25 to 35 U.S. publicly traded equities that First Manhattan believes are highly resilient and capable of reliably generating and compounding free cash flow.