MINNEAPOLIS - On the heels of a successful split from Mitchell Hutchins, executives for Disciplined Growth Investors L.L.C. are beginning to court institutions.
Frederick Martin and Curtis Lane, managing partners, formed Disciplined Growth in February after splitting amicably from Mitchell Hutchins. Mr. Martin had launched Mitchell Hutchins' Minneapolis office in 1978.
Already, Disciplined Growth manages $900 million for institutions and high-net-worth clients.
John Maschoff, director of marketing, is heading up the firm's growth effort. Mr. Maschoff previously was senior vice president-marketing with Washington Square Advisers, Minneapolis, which was purchased by Piper Capital Management Inc. this year.
As part of Disciplined Growth's expansion plans, executives are meeting with pension consultants, as well as with prospective institutional clients. The focus of their marketing involves the firm's growth-at-a-reasonable-price equity style. Mr. Martin said the firm uses the same process for both its small capitalization and midcap to large-cap equity styles.
Scott Link, senior equity analyst, is a new addition to the firm's investment staff, joining DGI from Advantus Capital Management. The firm also added fixed-income separate account management, which is handled by Gary Schaefer, fixed-income manager.