P&I Names Abbott Capital Among Best Places to Work in Money Management

We’re excited to announce that Pensions & Investments has named Abbott Capital Management, LLC a Best Place to Work in Money Management.

Presented by Pensions & Investments, the global news source of money management, the 10th-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

Abbott’s vision since 1986 has been to build a multi-generational team that could lead and execute Abbott’s investment strategy beyond the active involvement of its two co-founders. Abbott considers succession planning critical to ensuring continuity, and to developing junior members of Abbott. Abbott has organized a succession plan that is active in bringing on, nurturing, and rewarding new staff in all parts of the business. Abbott operates with a horizontal management structure, enabling and encouraging ongoing interaction and involvement among all professionals. Abbott’s professionals are trained and evaluated in a manner that is intended to enhance their professional capabilities due to the apprenticeship nature of the private equity business.

Abbott’s core values are as follows:

• Client-centricity: We apply a fiduciary mind-set to ensure that everything we do, every day, is ultimately about delivering a better solution or outcome for our clients.
• Integrity: We aim to recruit, mentor, develop and retain professionals who display the highest level of professional and personal integrity.
• Intellectual Honesty: We challenge ourselves to find the best ideas for our clients; we encourage open dialogue, apply critical thinking, and rely on unbiased research and analysis.
• Diversity: We believe that our business is stronger when it includes different perspectives, work experiences, and educational backgrounds, and we strive to maintain a firm that represents that diversity.
• Collaboration: We feel most engaged in a collegial and cooperative work environment where each of us displays the highest standards of professionalism and respect.

“Now in its 10th year, P&I’s Best Places to Work in Money Management spotlights the unique ways that employers build healthy and thriving work cultures,’’ said Executive Editor Julie Tatge. “This year was no different. The 100 firms profiled in our Dec. 13 issue grappled with myriad challenges posed by the pandemic and met them, helping ensure that their employees felt supported and able to do their best work.’’

Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.

For a complete list of the 2021 Pensions & Investments’ Best Places to Work in Money Management winners and write-ups, go to www.pionline.com/BPTW2021.

About Abbott Capital Management, LLC

Abbott Capital Management, LLC was founded in 1986 with the objective of providing long-term continuity and accountability in private equity portfolio management. As a leading independent investment adviser specializing in the creation and management of private equity investment programs, Abbott manages assets for a global investor base comprised of public, corporate, and multi-employer pension funds, foundations, endowments, family offices, and high net worth individuals. Since inception, Abbott has committed more than $22 billion to more than 550 private equity investments on behalf of its clients.

About Pensions & Investments

Pensions & Investments, owned by Crain Communications Inc., is the 49-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit at www.pionline.com.

References to the 2021 Pensions & Investments Award (the “Award”) should not be construed as a testimonial or endorsement of Abbott or its employees’ advisory skills. The Award reviewed approximately 78 statements that employees responded to, as well as two open ended and seven demographic questions. Results were categorized and analyzed into the following eight focus areas: leadership and planning, corporate culture and communications, role satisfaction, work environment, relationship with supervisor, training development and resources, pay and benefits, and overall engagement. Responses were then analyzed and ranked.