Christopher Marangi Named Associate Portfolio Manager of the Gabelli Value Fund.RYE, N.Y. -- GAMCO Investors, Inc. (NYSE NYSE See: New York Stock Exchange : GBL GBL Gamma-Butyrolactone GBL government bill of lading (US DoD) GBL Ground-Based Laser GBL Game Boy Light GBL General Bearing Line GBL Generation Breakdown List GBL Ground-Based Laboratory GBL Green Bus Lines, Inc. ) today named Christopher J. Marangi as Associate Portfolio Manager of the Gabelli Value Fund. He will report to Mario J. Gabelli who has managed the Fund since its inception on September 29, 1989. The Gabelli Value Fund invests in a concentrated portfolio of securities of companies which are selling below their private market values. The Fund's primary objective is long-term capital appreciation. Mr. Marangi joined Gabelli in 2003 from the Columbia University Graduate School of Business where he received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration . Since that time he has served as a research analyst covering the Media and Entertainment and Business Services sectors. Mr. Marangi began his career as an investment banker with J.P. Morgan & Co. He then joined Wellspring Capital Management where he evaluated and executed private equity investments across all industries. Mr. Marangi graduated magna cum laude and Phi Beta Kappa Phi Beta Kappa: see fraternity. Phi Beta Kappa Leading academic honour society in the U.S., which draws its membership from college and university students. The oldest Greek-letter society in the U.S. with a BA in Political Economy from Williams College. He and his wife have two children. GAMCO Investors, Inc., through its subsidiaries, manages approximately $26.8 billion in assets of private advisory accounts (GAMCO GAMCO Gulf Aircraft Maintenance Company (Abu Dhabi, UAE) ), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Investment Partnerships). |
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