The San Diego area offices of Freeman Associates, Relational Investors and Brandes Investment Partners were back to normal at the end of last week after a harrowing several days when wildfires threatened the offices and employees.
Because of mandatory evacuation orders issued by fire officials, Relational was closed Oct. 22-24 while Brandes office was closed Oct. 23; Brandes reopened Oct. 24 with limited staff. Neither office sustained any fire damage.
The north suburban Del Mar office of Freeman Associates reopened Oct. 24, one day after being closed during a voluntary evacuation of its area, and all employees have returned to their homes, said Michael Bishopp, president and director of risk management. As far as he knew, no employees lost their homes, although there were some pretty close calls. It was a tough few days, but people were very good and able to get things done despite the disruption the fires caused, Mr. Bishopp said.
Among Freeman employees who were temporarily displaced by the fire was Chief Operating Officer Geoffrey Goodman, a resident of Rancho Santa Fe. Mr. Goodman and his family relocated to a hotel in Coronado, on the Pacific coast near downtown San Diego.
Its dry; the air quality is pretty good, Mr. Goodman said on Oct. 23. The important thing is to have your family together.
Nicholas-Applegate Capital Managements office in San Diego stayed open for business, although a number of its investment professionals and employees had to evacuate their homes, said Susan Hunter, director, public relations. She couldnt say how many. Some left their homes under mandatory evacuation, while others left voluntarily.
Everyone is safe and secure, all family and pets accounted for, Ms. Hunter said. Other Nicholas-Applegate employees set up a voluntary house bank to provide shelter for colleagues and their families who were evacuated, Ms. Hunter added.
Denali Advisors, located in the La Jolla area of San Diego, was operating during the wildfires, although two employees resided in mandatory evacuation zones, said Luan Dinh, portfolio manager assistant. Everyone got families to a safe haven and is back to work, Mr. Dinh said. No one here has experienced any property loss and everyone is safe. I wouldnt say they are out of risk because of the Santa Ana winds and no one can predict where the wind will blow.
Our business really hasnt been affected, Mr. Dinh said.