Aletheia Research and Management, Proctor Investment Managers Announce Strategic Partnership.SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif. -- Peter J. Eichler Several people are named Eichler:
In English Law, the name formerly given to practitioners in ecclesiastical and admiralty Investment Managers LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , which makes private equity investments in, and provides institutional sales and marketing expertise to, boutique Boutique A small investment firm specializing in offering specific, but limited services to a select number of individuals. Notes: These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. investment managers. Under the partnership agreement, Proctor acquired a 10 percent equity interest in Aletheia and became its strategic sales and marketing partner. Proctor, which began operating early in 2006, seeks to take equity positions in complementary investment managers and provide them with a robust sales and marketing platform to accelerate their success and growth. With the Aletheia transaction, Proctor has structured partnerships with five firms that collectively manage more than $7 billion in assets. An independent, registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in founded in 1997, Aletheia believes that correct investing and ultimate investment success depends upon discovering what is knowable about corporations and their secular earnings prospects. Aletheia does not use Wall Street research nor does it rely on "guidance" from either corporate investor Noun 1. corporate investor - a company that invests in (acquires control of) other companies company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" or public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most personnel. Rather, the firm employs hard data, primarily insider and corporate actions, forensic Belonging to courts of justice. forensic 1) adj. from Latin forensis for "belonging to the forum," ancient Rome's site for public debate, and currently meaning pertaining to the courts. analysis of balance sheets and cash flows, and non-biased industry research, to guide its investments and produce superior results. Since its start-up Start-up The earliest stage of a new business venture. , the firm has launched eight "long-only" products predominately focused on both large-capitalization growth and large-capitalization value and a "market-neutral" equity hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" . "Proctor and its team have proven success in institutional client and consultant coverage, and we expect this partnership to aid our ability to expand our unique investment message into the marketplace," said Peter J. Eichler, Jr., Aletheia's Chairman and Chief Investment Officer. "Proctor's deep understanding of the institutional/pension markets will allow us to leverage our significant investment capabilities." Aletheia has consistently ranked as one of the top investment managers in the country. In the past eight years, its Aletheia Growth portfolio exceeded the Russell 1000 Growth index by 18.25% on an annual basis, while over the past six years its Aletheia Value portfolio exceeded the Russell 1000 Value index by 9.56% on an annual basis. Its strong performance has generated large growth in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , which currently total in excess of $3.25 billion. "This transaction marks our first equity investment among the five agreements we have completed in 2006, and it represents our first partnership with a firm that offers both traditional and alternative products," said James C. Coley coley Noun Brit an edible fish with white or grey flesh [perhaps from coalfish] , II, Proctor's Chairman and Chief Executive Officer. "In the large-cap Large-cap A stock with a high level of capitalization, usually at least $5 billion market value. large-cap 1. Of or relating to the common stock of a big corporation that has considerable retained earnings and a large amount of sectors, it is very rare to find a differentiated investment process that leads to extraordinary investment results such as those produced by Aletheia. It is even rarer that a manager can achieve top-tier performance in both growth and value." Mona Aboelnaga Kanaan, Proctor's President and Head of Strategic Development stated, "We are proud to partner with a company that has such an array of quality investment offerings, many of which are the top-performing products in their peer groups. This investment is consistent with our strategic interest in partnering with high-caliber emerging managers that deliver differentiated products to clients." Mr. Coley said Proctor's success to date has been driven by the firm's ability to provide real solutions that enable its partners to expand and enhance their investment products. Proctor also helps investment managers respond to significantly larger customer-service requirements. Roger B. Peikin, Aletheia's Executive Vice President and Chief Financial Officer, stated that, "Since we founded Aletheia almost 10 years ago, we have delivered the finest investments backed up by the strongest research, accounting, and customer-service team. As we continue to grow, our partnership with Proctor will complement our proven abilities." About Aletheia Research and Management Inc. Aletheia Research and Management is an independent, registered investment advisor that employs hard data - insider and corporate actions, forensic analysis of balance sheets and industry research - to produce superior results. The company has never used Wall Street research or sought "guidance" from the companies in which it invests. Aletheia manages approximately $3.25 billion in assets in large-capitalization growth, large-capitalization value, international growth and various income products, along with a "market-neutral" hedge fund. For more information, please visit www.aletheiaresearch.com. About Proctor Investment Managers LLC Proctor Investment Managers seeks to take equity positions in complementary investment managers and provide them with a robust sales and marketing platform to accelerate their success and growth. Formed in 2006, Proctor has partnered with five traditional and alternative investment firms that collectively manage more than $7 billion in assets. For more information, please visit www.ProctorIM.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion