Federal Way Asset Management, an investment management firm offering both alternatives management and fiduciary management services with approximately USD5.6 billion in assets, including USD3.7 billion on a discretionary basis, has changed its name to Aptitude Investment Management.

“Since becoming an independent firm five years ago, we have sought to provide our clients with deep alternatives investing expertise and intelligent solutions in order to generate superior, long-term, risk-adjusted returns,” says Jeffrey Klein, chief executive officer of Aptitude.
 
“Our new name, Aptitude, reflects the talent and skills that we seek in the managers in which we invest, strengthening our ongoing commitment to raising the bar for what a global investment boutique can be. We look forward to leveraging the long institutional legacy of our founding principals – nearly 20 years in the making – to source and access managers whom we believe have a significant edge in investing and aptitude,” adds Klein.