Over 20 years of proven experience. Funded by all-stars in the investment management industry.
The Assette Story

Assette was founded in 1998 to dramatically improve the way institutional investment management firms communicate with their clients. Two industry veterans at Frontier Capital Management Company realized that, by leveraging the power of technology, marketing, client service and productivity could be dramatically improved, while freeing firms from their reliance on manual efforts to effectively communicate with clients.

Based on this vision, Assette was created and backed with funding from an all-star group of prominent individuals in the investment management industry. Assette investors include:
  • Peter Bennett, former Chief Investment Officer of State Street Research and Management
  • Grace Fey, former EVP and Director at Frontier Capital
  • J. David Wimberly, Chairman Emeritus at Frontier Capital
  • Michael Cavarretta, Chairman of Frontier Capital
  • James Colgan, Portfolio Manager at Frontier Capital
  • Nalin Kulatilaka, Professor of Finance at Boston University
  • Michael Barry, General Partner of Barrier Island Capital

Assette is run by experienced professionals and guided by a board of directors with extensive experience in the investment management industry.

Thusith I. Mahanama

Thusith I. Mahanama Mr. Mahanama, Assette's co-founder and board member, is responsible for the company's overall strategic direction and marketing plan. Mr. Mahanama brings over 15 years of technology management experience to Assette. Before founding Assette, he was responsible for managing information technology at Frontier Capital Management Company in Boston, which manages over $10 billion in assets for institutions. At Frontier, Mr. Mahanama created one of the industry's first online client communications systems, which provided daily portfolio data to clients.

Mr. Mahanama has a B.S. in Information Systems and Marketing from the University of Wisconsin-Superior and an M.S. in Management Information Systems from Boston University's Graduate School of Management. Mr. Mahanama is also a member of the Boston Security Analysts Society.

Michael Cavarretta
Board Member

Mr. Cavarretta, a chartered financial analyst, brings hands-on asset management expertise to Assette’s board of directors. He is the chairman of Frontier Capital Management Company in Boston, which manages over $9 billion in assets. Mr. Cavarretta serves as portfolio manager for Frontier Capital Appreciation Portfolios and co-team leader for Frontier Research Portfolios. Before joining Frontier, Mr. Cavarretta was a financial analyst for General Electric.

Mr. Cavarretta holds a B.S. from the University of Maine and an M.B.A from Harvard Business School.

Jim Colgan
Board Member

Mr. Colgan is a technology equity analyst and portfolio manager at Frontier Capital Management Company in Boston. Since 2001, he has managed a portion of the firm’s $2.5 billion small-to-mid-cap portfolio. Mr. Colgan specializes in creating innovative investment ideas, monitoring existing equity holdings, collaborating with sell-side analysts, and building quarterly financial models for long-term holdings. He has also held management positions at Digital Equipment Corporation and United Technologies Corporation.

Mr. Colgan holds a B.S. in Mechanical Engineering and Materials Science from the University of Connecticut, an M.S. in Manufacturing Engineering from the University of Massachusetts, and an M.S. in Mechanical Engineering and an M.B.A. from MIT.

J. Michael Greata
Board Member

Mr. Greata has spent 39 years in the computer systems industry. He is currently the president of Opera Systems. Before joining Opera, Mr. Greata was a founder and chief technology officer at Apollo Computer (now part of HP). Previously, Mr. Greata held positions with PR1ME Computer and Honeywell's minicomputer division. At PR1ME, he served as director of software development and director of advanced systems development.

Mr. Greata holds a B.S. in Electrical Engineering and an S.M. in Electrical Engineering from the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts.

Nalin Kulatilaka
Board Member

A professor of finance at the Boston University School of Management, Professor Kulatilaka studies issues of risk management, firm valuation, and real options. He serves as the Research Director of Global Mobility Innovations and Insights, a multi-university research consortium on mobile communications. Professor Kulatilaka's current research examines issues related to the valuation of real options and their use in forming an economic foundation for corporate strategy. His book on this topic, Real Options: Managing Strategic Investments in an Uncertain World is published by Harvard Business School Press. Professor Kulatilaka has published extensively in top academic journals as well as influential managerial publications. He has received the Association for Investment Management and Research's Graham and Dodd Award in recognition of outstanding feature articles published in the Financial Analysts Journal. Outside academia, he frequently addresses executive audiences and consults for investment banks, corporations, and governments.

Professor Kulatilaka received a B.S. in Electrical Engineering from Imperial College, London, an S.M. in Decision Sciences from Harvard University, and a Ph.D. in Economics/Finance from MIT.