UCM Partners is changing its name to Semper Capital Management, an identity the investment management firm believes better reflects its strategy, history, and values, effective 1 June 2013.
“Semper means 'always'," says chief executive Gregory Parsons (pictured). "The new name perfectly expresses the qualities of longevity, continuous vigilance, leadership, and service that define our culture and the mindset we bring to stewarding capital."
Under the leadership of Parsons, the Manhattan-based firm has significantly sharpened its focus to offering investments designed to generate attractive risk-adjusted total returns with an emphasis on capital preservation and risk management.
"We are excited to establish a new brand that reinforces and sets apart our capabilities and core value proposition consistent with our strong investment performance over time, including having successfully navigated multiple challenging market cycles," says Parsons. "We look forward to continuing to leverage our differentiated skill-set and successful track-record in structured credit on behalf of our investors and clients."
The change to Semper Capital Management will also eliminate confusion with brands of other well-established structured-credit firms.
"This is a change in name only," says Parsons. "The firm's senior management, investment personnel, and ownership remain unchanged."