Ausable Funds marks 9/11 anniversary with tribute to victims

Ausable Funds International, a newly formed veteran-owned mutual fund company, marked the September 11 anniversary with a remembrance of the people killed in the 2001 attacks. The company also outlined plans to launch emerging-markets funds and expand its veteran-led team.

Why it matters: - Ausable Funds is tying its public identity to remembrance of 9/11 and to a veteran-led investment model. - The firm says it is building a mutual fund business aimed at global emerging markets while recruiting military veterans for roles in the company. - The tribute also underscores how 9/11 continues to shape the mission and messaging of businesses founded by veterans.

What happened: - Ausable Funds International, LLC honored the victims of the Sept. 11, 2001 attacks in a message dated Sept. 11, 2026. - Founder and CEO Edmund L. Luzine, Jr. said the company prays for the thousands of people lost that day and for others killed during the Global War on Terrorism that followed. - Luzine said New Yorkers and people around the world were impacted by the attacks and will never forget the destruction. - Luzine said the post-attack response showed “the spirit of love, friendship and togetherness” that developed after the attacks. - Luzine said Jeff Smith, an investment banker with Sandler O’Neill and Luzine’s MBA classmate at the University of Rochester’s Simon School, was killed in the attacks. - Luzine said his siblings in lower Manhattan were nearly killed. - Luzine said it was an honor to serve, deploy “downrange,” and avenge those who died.

The details: - Ausable Funds describes itself as a newly formed mutual fund company owned and managed by military combat veterans. - The firm says it focuses on global emerging markets. - Ausable Funds says it is a Female and Hispanic, and service-disabled combat veteran owned business. - The company says its planned fund family will include frontier markets across Latin America, Asia, Europe, and Africa. - Ausable Funds says it will use the skill sets of military veterans and intelligence analysts to build its investment platform. - The company says Edmund L. Luzine, Jr. brings experience as a Wall Street investment banker, finance professor, think tank scholar, and Army Special Operations intelligence officer. - Luzine said that shortly after the 9/11 attacks, he was the second Wall Street investment banker recalled to military duty with U.S. Special Operations Command and deployed to Afghanistan as part of Operation Enduring Freedom. - Ausable Funds says it is seeking Wounded Warrior military veterans for positions in marketing, operations, and analytics. - The company says it wants to serve investors seeking diversity in investment managers and support veterans in business. - The post ended with the message: “Never forget.” - The company provided social media links for LinkedIn, Instagram, and X.

Between the lines: - The release blends memorial language with a business pitch, linking the company’s founder story to service, loss, and post-9/11 military duty. - The veteran identity is central to the company’s branding and appears aimed at differentiating Ausable Funds in a crowded asset-management market. - The focus on emerging and frontier markets suggests a growth-oriented strategy, though the release does not include fund names, launch dates, or performance details.

What's next: - Ausable Funds says it will launch a new family of mutual funds focused on global emerging markets. - The company is still searching for veterans to fill marketing, operations, and analytics roles. - More details on product lineup, timing, and investment process are expected as the firm moves forward.