Attucks Asset Management

What Attucks Asset Management does

Attucks Asset Management, LLC is a Chicago-based registered investment advisor founded in 2001 that operates a manager-of-emerging-managers platform. The firm constructs customized multi-manager portfolios by selecting and combining emerging, minority-, and woman-owned investment management businesses across equity, fixed income, and hedge fund strategies with both domestic and international exposure. Its stated objective is alpha generation through research-driven manager selection and ongoing risk management, targeting low beta and low volatility relative to client mandates.

The firm serves institutional investors — pension funds, endowments, foundations, and family offices — that seek to fulfill diversity investment mandates while maintaining portfolio performance. Attucks is privately held, minority-owned and operated, and led by CEO Les Bond (30+ years investment management experience, 20+ years as an entrepreneur) along with a team that includes CFA and CAIA charterholders across global equity, fixed income, and client service functions. Its go-to-market is direct relationship-based, relying on consultative engagement with institutional clients and their investment consultants rather than broad digital marketing.

Attucks generates revenue through AUM-based advisory fees on the customized multi-manager portfolios it manages. The firm has 11-50 employees, a single Chicago headquarters, no disclosed funding, M&A, or partnership activity, and no public revenue or AUM figures. Its technology stack centers on a proprietary manager research and assessment framework rather than any disclosed AI/ML capabilities. The firm's primary differentiation is its specialized access to and due-diligence capability within the emerging- and diverse-manager segment of the institutional investment market.

Name

Attucks Asset Management

Legal name

Attucks Asset Management, LLC

Website

https://attucksfunds.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Attucks Asset Management is a Chicago-based registered investment advisor that builds customized multi-manager portfolios of emerging, minority-, and woman-owned managers for institutional investors including pension funds, endowments, and foundations.

Ownership category

akta.pro rank

Product category

Institutional Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE)

akta.pro secondary industries

Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC), Global Equity (Active) (FSAAAIAD)

Keywords

• Institutional investment management
• Emerging manager portfolios
• Multi-manager solutions
• Diverse manager allocation
• Manager-of-managers platform

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Advisory Fees (AUM-based): As a registered investment advisor, Attucks Asset Management likely generates revenue through advisory fees based on assets under management (AUM). The firm develops and manages multi-manager portfolios for institutional investors, with the investment approach designed to achieve alpha-generating returns through research-driven manager selection and portfolio construction.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Attucks Asset Management is a registered investment advisor that develops customized manager-of-emerging-manager portfolios for institutional investors. The firm constructs multi-manager portfolios comprised of emerging, minority-, and woman-owned investment management businesses spanning global equity, fixed income, and hedge fund solutions with both domestic and international exposure.

Product overview

Attucks Asset Management is a registered investment advisor formed in 2001 that operates as a manager-of-emerging-managers platform. The firm offers a unified suite of investment solutions comprising multi-manager emerging manager portfolios, global equity solutions, fixed income solutions, and hedge fund solutions. These products work together to provide institutional investors access to minority-, woman-owned, and emerging investment managers through customized, risk-controlled multi-manager portfolios with both domestic and international market exposure.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Manager Emerging Manager Portfolios
• Global Equity Solutions
• Fixed Income Solutions
• Hedge Fund Solutions

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• CastleArk Management: Manager-of-managers platform building diversified portfolios using boutique and emerging managers across equity and fixed income; directly comparable in business model to Attucks' multi-manager construct.
• Cornerstone Capital Group: Institutional investment management firm with a focus on diverse and emerging managers, offering multi-asset solutions; competes with Attucks for institutional mandates emphasizing manager diversity.
• Investment Diversity Services (IDS): Specialist firm focused on emerging and diverse investment manager research and multi-manager portfolio construction for institutional clients; the closest direct peer to Attucks' manager-of-emerging-managers model.

Emerging players

• Ariel Investments: Minority-owned institutional asset manager offering equity and fixed income strategies; not a manager-of-managers, but a potential underlying manager for Attucks and a comparable diverse-owned institutional firm.
• Holland Capital Management: Minority-owned institutional investment manager providing equity and fixed income solutions; comparable to Attucks in ownership profile and institutional focus, though operating a single-firm model rather than multi-manager.

Broad incumbents

• Mercer: Investment consulting arm of Marsh McLennan offering manager research, multi-manager portfolio construction, and diverse-manager solutions to institutional investors globally; a much larger competitor in the same target market.
• Russell Investments: Large global manager-of-managers and investment consulting firm offering multi-asset solutions and diverse manager programs to institutional clients; competes with Attucks for the same institutional mandates at a much larger scale.
• Glenmede: Independent investment and wealth management firm managing multi-asset portfolios for institutional and private clients; overlaps with Attucks in multi-asset institutional portfolio management.
• Mesirow Financial: Chicago-based diversified financial services firm with an institutional investment management platform serving pensions, endowments, and foundations; a regional incumbent competing for the same Chicago-area institutional clients.
• Aon (Investment Solutions): Global investment consulting and OCIO provider with diverse and emerging manager program capabilities; serves the same pension fund, endowment, and foundation clients as Attucks but across a vastly broader platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Attucks Asset Management