Gary Schlarbaum was named portfolio manager and director of portfolio risk management at boutique investment management firm Global Capital Management, confirmed Marc Dent, director of marketing.
Mr. Schlarbaum will co-manage GCMs small-cap core portfolio with Tony Soslow, president and CIO. Mr. Soslow had been the lone portfolio manager of the U.S. small-cap core equity portfolio. The portfolio risk management position is new.
Mr. Schlarbaum was founder and CIO of Schlarbaum Capital Management. Details are still being worked out, but that firms assets less than $10 million, all high-net-worth money will most likely be rolled into GCM, which ran $910 million as of Dec. 31, Mr. Dent said.
In a news release, Mr. Schlarbaum said: The opportunity to work again, with my son, Mark, was one I couldnt pass up. Im excited to be here, and look forward to making my contributions to the growth of the firm. Mark Schlarbaum is director of equity trading at Global Capital.