In addition, Michael J. Budd has been promoted to managing director.
LaCoursiere will focus on investment strategy and risk management for the firm’s suite of fixed income products. He previously held portfolio manager and senior strategist positions at Munder Capital Management, Barclays Global Investors, and Aviva Investors. LaCoursiere received his bachelor’s degree from the University of Michigan and M.B.A. from the University of Chicago. He also holds the Chartered Financial Analyst (CFA) designation.
Budd is a senior fixed income portfolio manager specializing in the mortgage, asset-backed, and agency sectors. He is a founding member of the Fixed Income team and is responsible for developing the investment process in use today.
Founded in 1989, and with $10.3 billion in assets under management as of March 31, 2013, Chicago Equity Partners is an institutional money manager.