Kennedy Capital Management (KCM) has been appointed as sub-advisor for the RBC Private U.S. Small Cap Equity Pool, RBC Asset Management Inc. announced today.

The appointment is effective April 14, it said, in a release.

KCM was founded in 1980. Its focus is on investing in small to mid cap securities on behalf of high net worth individuals. KCM manages approximately US$4 billion in assets across several small cap and mid cap equity strategies, according to the company.