Press Release

December 10, 2020—Philadelphia, PA    Chicago-based Rush University Medical Center has hired Xponance®, Inc. to provide passive equity investment management services at its November board of directors meeting.

Xponance®, a 100% employee owned, diverse investment manager based in Philadelphia, will manage a $50 million S&P 500 Index assignment for Rush. With $3.5 billion in investment assets, the hospital has a long-standing commitment to diversity and inclusion that includes seeking partnerships with asset management firms that reflect its values. NEPC serves as the medical center’s general investment consultant.

“We serve a vibrant, diverse population on the West Side of Chicago,” stated Alex Wiggins, Chief Investment Officer for RUMC. “We are committed to diversity, equity and inclusion internally and externally. For Rush, this commitment includes engagement with professional service providers such as investment managers. Hiring Xponance® is part of this commitment.”

“We are honored to have been selected by Rush University Medical Center to provide passive equity investment management services,” stated Xponance® CEO and Chief Investment Officer, Tina Byles Williams. “It is quite innovative for Rush to hire a diverse firm for this assignment. The marketplace awareness of our passive capabilities is growing, and our fledgling Rush relationship will only serve to increase that knowledge with asset owners. We look forward to a partnership that adds value to the Rush portfolio with a high-level of client service.”

About Rush University Medical Center

Rush University System for Health (RUSH) brings together the brightest minds in medicine, research and academics. Driven by discovery, innovation and a deep responsibility for the health of our communities, RUSH is a national leader in outstanding patient care, education, research, community partnerships and empowering a new generation of health care providers.

RUSH comprises Rush University Medical Center, Rush University, Rush Copley Medical Center and Rush Oak Park Hospital, as well as an extensive providers network and numerous outpatient care facilities.

Rush University Medical Center is ranked among the top hospitals in the nation by U.S. News & World Report. The Medical Center was also ranked No. 1 in the nation by Vizient and named a Top Teaching Hospital by The Leapfrog Group.

In addition to its mission in patient care, education and research, the Medical Center maintains a strong commitment to the community. Rush reaches out to the Chicago community through offerings such as the Rush Community Services Initiatives Program, an umbrella for several student-led outreach programs designed to address the social and health care needs of residents in neighboring communities.

About Xponance®

We are a multi-strategy investment firm whose primary goal is to be a trusted client solutions partner. Our name is derived from the word “exponent” and dually connotes our core objectives—to be a zealous champion for our clients; and to provide higher level engagement and a broader array of solutions to meet their investment needs. We are employee owned by women and diverse professionals, whose common passion is to do the right thing for our clients and each other.

Xponance® is the successor firm representing the integration of two great legacy firms, FIS Group, Inc. and Piedmont Investment Advisors, Inc.  We offer global and non-U.S. equity investment strategies by harnessing the investment edge and focus of proven entrepreneurial or emerging managers in a tested strategic framework. Our specialized due diligence techniques and product seeding of capacity constrained strategies are designed to generate sustainable alpha for our clients. As a direct investment manager, Xponance® specializes in creating systematic, risk controlled active and passive equity strategies. Our active US fixed income strategies span the maturity spectrum and provide income and downside protection through differentiated off-benchmark and off the run securities. Aapryl, a technology company and subsidiary of Xponance®, provides a web-based manager performance analytics and portfolio risk management platform that empowers investors to improve portfolio performance.

Media Contacts:

Tina Byles Williams
CEO & CIO | Founder
Tel: (215) 567-1100
twilliams@xponance.com

Media Contact:

McCullough Williams
President & Chief Operating Officer
Tel: (215) 567-1100
mwilliams@xponance.com

Media Contact:

Len Oremland
Managing Director & Head of Distribution & Client Engagement
Tel: (215) 567-1100 ex. 1207
loremland@xponance.com