BERWYN, Pa.–(BUSINESS WIRE)–Chartwell Investment Partners has expanded the investment team managing
its Mid Cap Value, Small Cap Value and SMid Value equity strategies with
the hiring of Jared Marks, CFA® and Thomas Mattsson, CFA® as Research
Analysts.
“Adding Jared and Thomas to our value team will help us build on our
long-term achievements,” said Managing Partner and Senior Portfolio
Manager David C. Dalrymple, CFA, who manages Chartwell’s value equity
team. “We are pleased that they are joining us and are sure that they
will prove to be important contributors to the team.”
Prior to joining Chartwell Investment Partners, Mr. Marks was an
Investment Manager for North American Equities at Aberdeen Standard
Investments. He holds a Bachelor of Science in Economics from The
Wharton School at the University of Pennsylvania.
Mr. Mattsson previously worked as an Associate Director, Equity Analyst
at Cohen & Steers before arriving at Chartwell. He holds a Bachelor of
Arts in Political Science from the University of Pennsylvania.
Chartwell’s Small and Mid Cap Value strategies have outperformed more
than 50% of their respective peers for the one-, three-, and five-year
annualized periods ending March 31, 2019, according to eVestment Alliance1.
In addition, the Mid Cap Value strategy ranked in the top 3% of peers
for the three-year annualized period and the top 1% of peers for the
five- and seven-year annualized periods ending March 31, 2019. Total
assets managed by the value equity team were in excess of $2.1 billion
as of March 31, 2019.
Chartwell attributes the strong performance of its actively managed
value equity strategies to the team’s ability to select stocks with
relatively low volatility, higher growth, and stronger financial
characteristics for its focused portfolios.
Chartwell also offers the Small Cap Value and Mid Cap Value strategies
through mutual funds. For additional information, please visit www.chartwellip.com.
With the new hires announced today, Chartwell’s value equity strategy
team has five members and the firm employs a total of more than 60
professionals.
1eVestment Alliance is a subscription-based company providing
data-driven software solutions for institutional investors and managers.
Peers refer to the eVestment U.S. Mid Cap Value Universe and U.S. Small
Cap Value Universe. The Mid Cap Value strategy ranked in the in top 13%
over the one-year period among 105 peers, top 3% over the three-year
period among 103 peers, and top 1% over the five- and seven-year periods
among 101 and 98 peers respectively as of 03/31/2019. The Small Cap
Value strategy ranked in the 49% over the one-year period among 241
peers, in the 38% over the three-year period among 234 peers, in the 43%
over the five-year period among 224 peers and in the 52% over the
seven-year period as of 3/31/2019.
IMPORTANT DISCLOSURES
The performance data quoted represents past performance; past
performance does not guarantee future results. Current performance may
be lower or higher than the performance data quoted. The gross returns
were calculated on a time weighted basis, including all dividends and
interest, accrual income, realized and unrealized gains or losses and
are net of all brokerage commissions, execution costs and do not give
effect to investment advisory fees, which would reduce such returns. The
net returns presented above were calculated by applying the highest
institutional investment advisory fee paid by a client of Chartwell. The
investment advisory fee schedule for Mid Cap Value institutional
portfolios is: 0.60% on first $50 million, 0.50% on all additional
assets and the fee schedule for the Small Cap Value strategy is: 0.90%
on the first $20 million, 0.80% on all additional assets. Fees for
WRAP/SMA portfolios are different and will vary per platform.
Manager views expressed herein were current as of the date indicated
above and are subject to change. It should not be assumed that
recommendations made in the future will be profitable or will equal the
performance of the securities in this commentary. A copy of the
calculation methodology and the full list of recommendations made in the
preceding year is available upon request.
Wholesaling and marketing efforts are provided by, among others,
Chartwell TSC Securities Corp., an affiliate broker dealer, member FINRA.
Chartwell Investment Partners, LLC and Chartwell TSC Securities Corp.
are both wholly owned subsidiaries of TriState Capital Holdings, Inc.
ABOUT CHARTWELL INVESTMENT PARTNERS
Located in Berwyn, Pa., since its founding in 1997, Chartwell has
successfully grown into a boutique investment management firm with $9.7
billion in assets under management, as of March 31, 2019, and more than
60 professionals. Chartwell provides equity and fixed-income investment
strategies to institutional and private clients and clients of wrap fee
programs through separate accounts, sub-advisory relationships and
mutual funds. For more information on Chartwell, the investment
management subsidiary of TriState Capital Holdings, Inc. (Nasdaq: TSC),
please visit https://www.chartwellip.com.
ABOUT TRISTATE CAPITAL
TriState Capital Holdings, Inc. (Nasdaq: TSC) is a bank holding company
headquartered in Pittsburgh, Pa., providing commercial banking, private
banking and investment management services to middle-market companies,
institutional clients and high-net-worth individuals. Its TriState
Capital Bank subsidiary had $6.3 billion in assets, as of March 31,
2019, and serves middle-market commercial customers through regional
representative offices in Pittsburgh, Philadelphia, Cleveland, Edison,
N.J., and New York City, as well as high-net-worth individuals
nationwide through its national referral network of financial
intermediaries. Its Chartwell Investment Partners subsidiary had $9.7
billion in assets under management, as of March 31, 2019, and serves
institutional clients and TriState Capital’s financial intermediary
network. For more information, please visit http://investors.tristatecapitalbank.com.
Contacts
MEDIA CONTACT
Jeff Shurilla
Hornercom
267-932-8760,
ext. 304
215-764-2376 (mobile)
[email protected]
CHARTWELL CLIENT RELATIONS CONTACT
Victoria Baker
Chartwell
Investment Partners
610-296-4000
[email protected]
TRISTATE CAPITAL INVESTOR CONTACTS
Jeff Schoenborn and Kate
Croft
Casteel Schoenborn
888-609-8351
[email protected]
