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Start-Ups Prove Entrepreneurial Spirit Alive, Well in Fund Industry

Dominic Martellaro, formerly a member of the executive committee at Janus, founded Destra Capital Management last February with Nicholas Dalmaso, who had been Chief Administrative Officer and General Counsel at Claymore Securities. Their reputations and experience in the industry, together with their vision for meeting the needs of investors, drove them to break away from big fund houses and build their own firm. A recent poll by the SEI demonstrates that the current business environment is one that supports the growth of entrepreneurial firms such as Destra. Among the factors that make start-ups successful are a strong team, a commitment to a shared organizational mission, and an established culture.