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Thornburg Investment Management

From his roots in a Minnesota farming town of 1,700, Garrett Thornburg began to show his entrepreneurial habits at a young age. He attended Harvard Business School and then founded Thornburg Investment Management in 1982 with an innovative idea he’d had as a partner at a major Wall Street firm.

Our first bond mutual fund, the Limited Term Municipal Fund, emerged from that concept. Brian McMahon, now the firm’s Chief Investment Officer and CEO, joined forces with Garrett in Santa Fe in 1984. And after a few Thornburg partners had managed equities internally for years, Bill Fries was hired, marking the launch of Thornburg's first equity strategy in 1995. From 1982 to today, each new Thornburg strategy has been a natural extension of existing investment...

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