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Ramirez Asset Management Increases Support of the Next Generation With Allocation From MicrosoftRamirez Asset Management ("RAM"), a New York-based, minority-owned investment manager, is pleased to announce Microsoft Corporation ("Microsoft") as the most recent addition to its growing client base. The mandate from Microsoft also enables RAM to expand its robust internship program. RAM will manage a custom, multi-sector short duration portfolio on behalf of Microsoft. As fixed income specialists, RAM will leverage its experience and asset management acumen to add value and diversification to Microsoft's internal treasury team. "We are very appreciative of our long-standing investment banking relationship with Microsoft and grateful for the opportunity to expand this relationship to include our asset management business," said Sam Ramirez Jr., President and Chief Executive Officer of RAM. RAM is deeply committed to being an industry leader in supporting and developing the next generation of professionals from underrepresented communities. The partnership with Microsoft, which shares this mission, directly allows RAM to recruit an additional intern for its well-established internship program. "We are excited to have an intern join our extremely talented quantitative team as a dedicated compuer and data systems intern as part of the Microsoft mandate," said Ramirez Jr. "We believe our diverse talent and commitment to the communities from which we come is an essential part of our current and future success. We are delighted that Microsoft shares this commitment and look forward to collaborating on bringing the next generation of talent into the workforce in a powerful way." RAM's quantitative team is focused on maximizing internal data, building internal tools and refining various firm-wide risk controls. As part of the quantitative team, the intern will be directly involved with the portfolio and interactions with the Microsoft treasury team. "We're pleased to support RAM with an allocation that will allow them to expand their internship program and help develop the next generation of professionals from underrepresented communities," said Anita Mehra, Corporate Vice President of Global Treasury & Financial Services at Microsoft. "At Microsoft, we're committed to leveraging our resources to help accelerate diversity and inclusion across our ecosystem and we are proud to support RAM's efforts." Over the last three years, RAM has supported eight interns, all of whom have been minorities, women or veterans. Several have taken on full-time roles at the firm following their internship. RAM draws on its relationship with the Hispanic Scholarship Fund, one of the nation's leading nonprofit organizations supporting higher education, when seeking next generation talent for its internship program. About Ramirez Asset Management, Inc. Founded in 2002 and headquartered in New York City, registered investment adviser Ramirez Asset Management, Inc. (RAM) is affiliated with Samuel A. Ramirez & Co. Inc., one of the oldest and largest Hispanic-owned investment banks in the U.S. and a leader in the fixed income market. RAM is focused on fixed income asset management for a diverse institutional client base, including public and private defined benefit and defined contribution plans, Taft Hartley plans, corporations, state and local governments, as well as foundations and endowments. The firm's main investment strategies include Core, Core Plus, Intermediate, Stable Value, Long Duration/LDI, and Short Duration. For more information, please visit www.ramirezam.com
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