Tortoise's Michelle Kelly in Mutual Fund Wire

Where One $20B Asset Manager Sees Strategic Opps

When it comes to strategic opportunities, the team at one private-equity-backed Midwestern asset manager is open to M&A, alliances, and internal product development. For their due diligence on potential allies or targets, one factor rises above the rest.
“First and foremost, culture is very important to Tortoise ” when it comes to acquisitions, says Michelle Kelly, senior managing director and chief strategy officer at the Leawood, Kansas-based asset manager. “We’re a very entrepreneurial-minded firm. We are very focused on being creative, being innovative as we’re thinking about providing solutions.”
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