Overview
- We seek to capture inflection points in growth rates or the business model, looking for companies transitioning from early-stage growth to a more mature, seasoned level of performance
- We look for companies with average EPS growth, sustainable and/or improving growth over the investment horizon, strong business fundamentals, and stable and enduring franchise value
- Valuation is important, as we think the market often under-appreciates the performance of steady growth companies
Characteristics & Performance
| Composite Inception | 12/31/1996 |
| Strategy AUM | $2.5 Billion as of 12/31/24 |
| Benchmark | Russell Midcap® Growth |
| Holdings Range | Typically 60 – 80 |
| Max. Position Size | Typically 4% |
| Turnover | 30 – 50% under normal market conditions |
| Active Share | Typically >70% |
| Cash | <5% |
Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Periods greater than one year are annualized. Please refer to the GIPS presentation, which includes fee information and criteria for composite performance creation.
Available Vehicles
Investment Team
Our Mid Cap team includes two portfolio managers and six research professionals. The investment universe is divided by sectors and/or industries, with individual team members having responsibility within their areas of expertise. Portfolio managers and analysts continually discuss the merits and risks of each security, reviewing the fundamental outlook and stock valuation. This interactive process leverages the knowledge and skill of the entire investment team.
- Portfolio Managers
- Research Analysts
- Client Portfolio Manager
Daniel Brachfeld, CFA
Managing Director
Jason M. Friel, CFA
Managing Director
Jonathan M. Shapiro
Managing Director
Christopher C. Caponetti, CFA
Managing Director
Eric Sartorius, CFA
Managing Director
Kelly Thomas, CFA
Managing Director
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