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Erica Furfaro

Erica Furfaro

Director, Portfolio Manager
21 Years experience
7 Years at firm

Erica is a Portfolio Manager on the All Cap Growth and Large Cap Growth strategies at ClearBridge Investments. She joined ClearBridge in 2019 and has 21 years of investment industry experience.

Erica joined ClearBridge as a Sector Analyst covering internet/media, was named a Portfolio Analyst supporting the All Cap Growth and Large Cap Growth strategies in 2021, and became a Portfolio Manager in 2024. Prior to joining ClearBridge, she worked as an Analyst/Sector Head at Millennium Partners and an Analyst at York Capital Management, covering technology, media and telecommunications in both roles; Analyst for private equity at the Carlyle Group; and an Investment Banking Analyst at Merrill Lynch.

Erica received an M.B.A. from the Stanford Graduate School of Business and a B.A. in economics and government from Cornell University.

Experience

  • 21 years of investment industry experience
  • Joined ClearBridge Investments in 2019
  • ClearBridge Investments – Portfolio Analyst
  • ClearBridge Investments – Sector Analyst
  • Millennium Partners – Analyst/Sector Head, Technology, Media and Telecommunications
  • York Capital Management – Analyst, Technology, Media and Telecommunications
  • The Carlyle Group – Analyst, Private Equity
  • Merrill Lynch – Investment Banking Analyst
  • M.B.A. from Stanford Graduate School of Business
  • B.A. in economics and government from Cornell University

Perspectives

  • Enduring Fast and Furious AI Market
    Large Cap Growth 4Q25: The Strategy meaningfully underperformed its benchmark, with underweights to mega cap and lower quality AI beneficiaries the main headwinds.
  • Large Cap Growth Monthly Update
    Large Cap Growth November 2025: Technology stocks led a growth selloff in a month that saw sentiment turn decidedly negative over the near-term payoff from AI spending as well as future funding concerns.
  • Large Cap Growth Monthly Update
    Large Cap Growth October 2025: Mega caps in the benchmark reported solid earnings results in October, with those directly involved in AI continuing to ramp up capex.
  • Doubling Down on AI Winners
    Large Cap Growth 3Q25: We were quite active in repositioning the portfolio during the quarter, upgrading our exposure to perceived AI winners in infrastructure software.
  • Discipline Key to Adding AI Growth Ideas
    Large Cap Growth ESG 3Q25:While acknowledging both the euphoria among so-called winners and gloom around so-called losers, we are not chasing momentum but adding new AI-indexed growth ideas in a disciplined way.