In the Press

The U.S. is home to roughly 2.5 million black-owned businesses, according to the Census Bureau. Although the vast majority are sole proprietorships or small-scale affairs, an increasing number have regional reach and national ambitions. Forbes highlights 10 black entrepreneurs who have recently been featured in the publication, including Advent’s Tracy Maitland.

Advent President & CIO, Tracy Maitland, sits down with Forbes to talk race and gender discrimination in 2020, shedding light on how today’s business leaders can deploy direct action to combat systemic inequality in America and create new opportunities for minorities.

Randi Weitz has been promoted to Managing Director and taken on a new position as Advent’s Director of Communications. Randi has been with the firm since 2017 in the role of Head of Client Reporting. In this new role, which she will perform alongside her current senior investor relations responsibilities, Randi will report directly to the Management Committee and work with senior members of the Advent team to coordinate and enhance external and internal communications.

Advent’s President and Chief Investment Officer, Tracy Maitland, weighed in on what the business world’s role should be in putting an end to discrimination following George Floyd’s tragic death.

Advent Capital Management today announced its support for COVID-19 relief efforts through donations to Harlem Hospital, Meharry Medical College and the Apollo Theater. Both the Harlem Hospital and Meharry Medical College are located in urban neighborhoods that have seen large numbers of COVID-19 cases, and as such, Advent has donated a combined total of $50,000 for the procurement of much needed cleaning products and personal protective equipment, including masks, gowns, bleach, sanitizing wipes, paper towels and hand sanitizers. Advent also granted a $100,000 donation to the Apollo Theater's emergency relief fund, to help financially stabilize the Theater and safeguard its future in response to the cancellation of Apollo-produced live events due to the pandemic.

Advent President & CIO Tracy Maitland had the pleasure of speaking with Forbes journalist Antoine Gara to discuss his career with convertible bonds and why they’re more relevant than ever.

Advent’s President & CIO, Tracy Maitland was on the Claman Countdown with Liz Clayman to discuss the benefits of convertibles in the current market environment.

Advent president and CIO Tracy Maitland discusses the benefits of convertible bonds, especially given recent double digit increase in performance, with Brian Chappatta of Bloomberg Opinion.