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Penserra Wins P&I 2020 Best Places To Work In Money Management Award

New York, NY (Dec. 14, 2020)– Penserra has won a 2020 Best Places to Work in Money Management award announced by Pensions & Investments today.

Presented by Pensions & Investments, the global news source of money management, the ninth-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry. 

“I am thrilled Penserra has once again been awarded a P&I’s Best Places to Work in Money Management award.  The success of our firm is entirely attributable to our people and the strong foundation of our corporate culture,” said George Madrigal, CEO. 

Founded in 2007, Penserra is an institutional financial services firm with offices located in New York, New Jersey, Chicago, and the San Francisco Bay Area. Services include Global Equity Trading, Tied Hedge Trading, Fixed Income Trading, Investment Banking, and ETF Sub-Advising. Certified as a Minority-Owned Business Enterprise (MBE), Penserra understands that diversity makes the firm stronger, and is fully committed to an open, inclusive culture where differences are understood, respected, valued, and supported throughout the firm.  

“In this very unusual year, we learned again that employers that consider the overall wellbeing of their employees are regarded well.  The best employers in 2020 are those that have stepped up with policies and practices to support and protect employees’ physical and emotional health, while continuing to keep the focus on clients’ needs,” said P&I Editor Amy B. Resnick.  “Our surveys found that the employers on the list were likely to work hard to sustain their corporate cultures, even during times of pandemic lockdowns and continuing to work from home in many cases.”

Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.

The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.

For a complete list of the 2020 Pensions & Investments’ Best Places to Work in Money Management winners and write-ups, go to

About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 48-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at