Levin Easterly Partners, a private asset management firm specializing in value investing, today announced that Grace K. Bosserman has been appointed Chief Operating Officer. She will report to Levin Easterly’s Chief Investment Officer, Jack Murphy, and to Darrell Crate, the firm’s chairman.
The announcement of Bosserman’s appointment comes shortly after Samuel Hendel was named President of Levin Easterly.
Levin Easterly was launched in April 2019 through Easterly’s acquisition of the institutional investment business of Levin Capital Strategies.
“As Chief Operating Officer, Grace Bosserman will ensure that our operations run efficiently and that our service is second to none,” said Crate. “I am pleased that she will play a key role as Levin Easterly builds for the future.”
Bosserman has responsibility for areas including liaising with clients consisting of institutions, funds, and high-net-worth individuals on advisory and investment management matters, and liaising between client management teams and legal counsel. She also will coordinate closely with the firm’s Chief Compliance Officer on various matters including business continuity.
In her new role, Bosserman continues a long career in operations. She had served since 2006 as head of operations for the firm’s predecessor, Levin Capital Strategies. Earlier, Bosserman had served as Head of Operations and Director of Portfolio Administration for John Levin & Co., another predecessor of Levin Easterly, which she joined in 1989.
Bosserman began her investment career in 1985 with Mitchell Hutchins Asset Management Inc., later a division of PaineWebber. Earlier, she held positions with Marubeni America Corp. and Toyomenka (America) Inc, Japanese trading firms with significant U.S. import-export operations. Bosserman attended New York University. She resides in Old Bridge, New Jersey, and in her personal life practices yoga and is a supporter of animal rescue.
About Levin Easterly’s Strategies
Levin Easterly’s investment philosophy provides a consistent and repeatable investment process focused on identifying good companies that have excellent potential versus the risk. Currently, the firm offers three primary strategies:
- Large Cap Value: An actively managed portfolio, typically of 30-35 companies of which the firm believes it possesses a differentiated view than its peers.
- Mid Cap Value: An actively managed portfolio, typically of 30-40 stocks that are quality companies, but down in price.
- All Cap Value: An actively managed portfolio, typically of the firm’s 25-30 best ideas, spanning large-, mid- and small-cap value stocks.
In addition, Levin Easterly sub-advises the Transamerica Large Cap Value mutual fund (TWQAX), about which Morningstar says the fund’s “manager and analysts deftly execute a differentiated value strategy.”
About Levin Easterly
Levin Easterly is a private asset management firm specializing in serving institutions with approximately $6.1 billion of AUM. The firm is focused on bottom-up, fundamental research with the goal of preserving capital and generating profit consistently through all market environments. For more information, please visit Levin Easterly at http://LevinEasterly.com
Disclaimers
This communication also contains forward-looking statements, which reflect the views of Levin Easterly Partners LLC. These forward-looking statements can be identified by reference to words such as “believe”, “expect”, “potential”, “continue”, “may”, “will”, “should”, “seek”, “approximately”, “predict”, “intend”, “plan”, “estimate”, “anticipate” or other comparable words. These forward-looking statements or other predications or assumptions are subject to various risks, uncertainties and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Should any assumptions underlying the forward-looking statements contained herein prove to be incorrect, the actual outcome or results may differ materially from outcomes or results projected in these statements. Levin Easterly Partners LLC and its affiliates do not undertake any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by applicable law or regulation.
The information provided in this communication should not be considered a recommendation or solicitation to purchase or sell any particular security or investment strategy. It should not be assumed that any of the securities transactions or holdings discussed will prove to be profitable, or that the final investment recommendations or decisions we make in the future will be profitable.
Investments are subject to market risk, including the loss of principal. Investment strategies described may not be suitable for all investors. Equities are subject to market risk meaning that stock prices in general may decline over short or extended periods. The information contained does not take into account any investor’s investment objectives, particular needs, or financial situation. Nothing in this material constitutes investment, legal, accounting or tax advice, or a representation that any investment or strategy is suitable or appropriate.
Information in this communication has been obtained from sources believed to be reliable but cannot be guaranteed. All opinions, projections and estimates constitute the judgment of the individual as of the date of this communication, and may not be in complete agreement with Levin Easterly Partners LLC own opinion or trading strategies, and may differ from other research analyst’s opinion and investment outlook. The above information is subject to change without notice. Additional information is available upon request.
Levin Easterly Partners LLC is an investment adviser registered with the SEC. Registration does not imply a certain level of skill or training.
Contact
Nicholas Parmelee
The Hubbell Group, Inc.
781-210-5027
nparmelee@hubbellgroup.com