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Thornburg Investment Management, managing $46 billion in assets, has named Steven Klopukh and Tim McCarthy as managing directors and portfolio managers. Both possess nearly two decades of experience in small- and mid-cap investments, previously working at Allianz Global Investors. They will enhance Thornburg's equity research in the SMID asset class and manage the Thornburg Small/Mid Cap Growth Fund (Ticker: THIGX) and the Thornburg Small/Mid Cap Core Fund (Ticker: TVIFX), which manage $770 million and $822 million respectively.