Chartwell Investment Partners Hires Former Miller Anderson & Sherrerd Investment Team.Business Editors BERWYN, Pa.--(BUSINESS WIRE)--Dec. 4, 2003 Chartwell Investment Partners, a $6.5 bil, employee-owned investment firm, has hired Richard M. Behler, Ph.D., as a Managing Partner and Senior Portfolio Manager in Large Cap Value. Mr. Behler, 49, previously served as a Managing Director with Morgan Stanley
Mr. Behler's investment team will join Chartwell's Large Cap Value investors, which include Managing Partners, Kevin Melich, Hal Ofstie and Bernie Schaffer, along with analysts Doster Esh and Colleen col·leen n. An Irish girl. [Irish Gaelic cailín, diminutive of caile, girl, from Old Irish. Smith. Chartwell's Large Cap Value group currently manages assets of over $2.6 billion for 76 institutional clients. "Rick's institutional value fund delivered top flight investment performance over the past three years, and we are delighted to join forces with this fine group of investors," said Hal Ofstie. "Bringing this high caliber team to Chartwell will ensure a successful continuation of our Large Cap Value strategy, as we work to best serve the long-term interests of our clients," said Tim Riddle, Chartwell's Managing Partner & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our existing Large Cap Value team members are excited about the prospects of incorporating Rick Behler and his group's complimentary skills with Chartwell's disciplined, Core-Value process." Mr. Behler holds a Ph.D. in Economics from the University of Notre Dame Notre Dame IPA: [nɔtʁ dam] is French for Our Lady, referring to the Virgin Mary. In the United States of America, Notre Dame and a BA from Villanova University Villanova University (vĭl'ənō`və), at Villanova, Pa., near Philadelphia; Roman Catholic; est. 1842 as a men's school, coeducational since 1967. . Mr. Behler and his colleagues are expected to join Chartwell in mid- December. Mr. Behler said, "Joining the value investors at Chartwell was an easy decision, each of us agreed it is a firm which shares the same set of values and client focus that were prominent in our predecessor firm. If we had started our own firm, it would have been one just like Chartwell." |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion