Rockland Trust has established Bright Rock Capital Management LLC, a wholly-owned subsidiary dedicated to institutional investment management.

Beginning today, Bright Rock’s institutional investment management products and services are available to the global institutional market.

Rockland Trust, a subsidiary of Rockland’s Independent Bank Corp., and Bright Rock Capital Management have combined assets under management exceeding $1.3 billion, and include investment management products across the U.S. equity and fixed income markets.

Supported by the $4.5 billion Rockland Trust infrastructure and resources, Bright Rock’s investment management team averages 25 years of experience and maintains a strong and growing track record in several investment styles, including mid cap growth, small cap growth and quality large cap.

"Consistent with the Rockland Trust commitment to excellence on behalf of our clients, we have established Bright Rock to ensure that our clients receive the full focus and attention of the organization, specific to their areas of need. In Bright Rock, we see an opportunity to provide institutional investors with direct access to industry leading and highly focused investment management capabilities across the U.S. equity markets and beyond," said David Smith, the firm’s chief investment officer.

"With a team of dedicated investment professionals, deep infrastructure, and a commitment to service our customers, we believe that Bright Rock has many advantages in today’s marketplace. Our dedication to deep, fundamental research and analysis is core to our philosophy, and is the essence of Bright Rock’s value proposition to the market," said Doug Butler, director of research for the firm.

Bright Rock will offer both separately managed accounts as well as mutual funds, and will have the capacity to customize mandates across the U.S. equity spectrum.