Apodaca-Johnston Capital
Management Inc.
580 California St., San Francisco, Calif. 94104; phone: (415) 677-7759; fax: (415) 677-1145
($ millions)
Total assets managed60
Asset mix:
Stocks100%
No. of portfolio managers2
Size of research staff1
Apodaca-Johnston Capital Management Inc. uses an active bottom-up sector rotational growth equity approach.
The firm seeks small-cap growth stocks with earnings momentum.
Key professionals at the firm, and their years of experience, are Scott S. Johnston, chief investment officer, 24 years, and Jerry C. Apodaca Jr., portfolio manager, 11 years.
17 Battery Place, 18th Floor, New York, N.Y. 10004; phone: (212) 425-7500; fax: (212) 509-5408
($ millions)
Total assets managed1,300
Asset mix:
Stocks99%
Cash equivalents1%
No. of portfolio managers5
Size of research staff10
Argus Investors' Counsel Inc., founded in 1960, uses an active, broadly diversified bottom-up equity approach.
The firm minimizes reliance on forecasting and market timing and seeks to take advantage of market rotation, overreaction to short-term events and shifting investor sentiment. The approach includes broad industry diversification, equal weighting of holdings, contra-market rebalancing of outperforming and underperforming holdings and a strong focus on the financial strength of companies.
The firm is a subsidiary of Argus Research Group.
Key professionals at the firm, and their years of experience, are Herman I. Roseman, president, portfolio manager and analyst, 42 years; Stewart P. Zobian vice president, portfolio manager and analyst, 27 years; Donna M. Palais, vice president, portfolio manager and analyst, 13 years; and Sharon D. Wagoner, vice president, portfolio manager and analyst, nine years.
Ariel Capital Management
307 N. Michigan Ave., Suite 500, Chicago, Ill. 60601; phone: (312) 726-0140; fax: (312) 726-7473
($ millions)
Total assets managed2,102
Asset mix:
Stocks90%
Fixed income10%
No. of portfolio managers2
Size of research staff3
Ariel Capital Management Inc., founded in 1983, uses a low p/e bottom-up domestic value approach.
The firm invests in the stocks of undervalued small and medium-sized companies that have been misunderstood or ignored by analysts, institutional investors and the media. It strives to identify quality companies in consistent industries with distinct market niches, excellent management teams and proven records of success that can grow 12% to 15% annually.
Key professionals at the firm, and their years of experience, are John W. Rogers Jr., president, 15 years; Eric McKissack, senior vice president, 15 years; and Mellody Hobson, director of marketing, three years.
Ark Capital Management
29 N. Wacker Drive, Suite 795, Chicago, Ill. 60606; phone: (312) 541-0330; fax: (312) 541-0335
($ millions)
Total assets managed32
Asset mix:
Venture capital/private equity100%
Ark Capital Management, founded in 1991, is a venture capital manager.
The firm offers a value-added private equity fund-of-funds emphasizing investments in minority-and women-owned companies.
Key professionals at the firm, and their years of experience, are principals Michael Y. Granger, three years; Joyce M. Yriarte-Overly, three years; and Xcylur R. Stoakley, three years.
Avanti Investment Advisors
431 E. Horatio Ave., Suite 210, Maitland, Fla. 32751; phone: (407) 628-8488; fax: (407) 644-3115
($ millions)
Total assets managed165
Asset mix:
Real estate equity100%
Avanti Investment Advisors, founded in 1990, co-invests as a principal with its investors in opportunistic real estate strategies. A primary focus is the acquisition of well-located, zoned land sites at deeply discounted prices. Sites are identified using Avanti's proprietary database in Southern and Western markets with strong demographics and employment.
Key professionals at the firm, and their years of experience, are principals JoAnn Hanson, 20 years; Charles Schwartz, 30 years; and Donald Loeb, 26 years.
Beal Investment Co.
366 Madison Ave., Fifth Floor, New York, N.Y. 10017; phone: (212) 983-4722; fax: (212) 983-0149
($ millions)
Total assets managed339
Asset mix:
Stocks98%
Cash equivalents2%
No. of portfolio managers2
Size of research staff1
Beal Investment Co., founded in 1988, uses an active domestic value and growth equity approach, and also offers enhanced index and style portfolios.
The firm's investment approach is derived from a blend of active insight and quantitative technologies. Beal captures the current market definition of the style on a quarterly basis through researching the style and analyzing a quality consensus of style-specific portfolios.
The firm is affiliated with M.R. Beal and Co.
Key professionals at the firm, and their years of experience, are Bernard B. Beal, chief executive officer and president, 15 years; James E. Francis, portfolio manager, seven years; and Jeff E. Marcus, assistant portfolio manager, six years.
Bond, Procope Capital
Management
767 Fifth Ave., 29th Floor, New York, N.Y. 10153; phone: (212) 752-0900; fax: (212) 752-1381
($ millions)
Total assets managed340
Asset mix:
Stocks100%
No. of portfolio managers2
Size of research staff4
Bond, Procope Capital Management, founded in 1991, uses an active growth equity approach.
The firm's strategy seeks companies that generate superior earnings momentum. It uses a three-tier process of quantitative analysis, fundamental analysis and a disciplined buy/sell strategy.
Key professionals at the firm, and their years of experience, are Alan B. Bond, president and chief investment officer, eight years; Kristi S. Ryan, director of operations, 12 years; Mona S. Williams, director of marketing, seven years; and Karen N. Montgomery, portfolio manager, 11 years.
