ST. LOUIS--(BUSINESS WIRE)--ACR Alpine Capital Research is honored to announce the hiring of Chris Scibelli as Managing Director. Mr. Scibelli will oversee institutional client service and consultant relations.
“Chris is a proven asset management industry professional with a track record of delivering results,” says Nick Tompras, ACR’s founder and Chief Investment Officer. “He is well-acquainted with the institutional channel and I anticipate his success in managing ACR’s relationships with institutional investors.”
Mr. Tompras founded ACR in 1999 with an investment philosophy rooted in principles essential for evaluating fundamental value and risk, which he believes is the key to long-term investment success. ACR focuses on actively managed, high conviction, fundamental value investing. Today ACR manages more than $2.5 billion. Mr. Scibelli believes that after patiently and deliberatively building a business infrastructure, reputation, history and track record, ACR has compelling attributes, including an independent and private ownership structure that will appeal to an institutional constituency.
“When I first met Nick, I was instantly impressed with the clarity and coherence of his vision as an investor, and the consistency and excellence with which he and his team have executed the strategy over the past 15 years,” says Mr. Scibelli. “For discerning institutional investors, ACR can play an important role as an idiosyncratic, non-style box compliant manager in core/satellite asset allocation programs.”
Mr. Scibelli most recently served as Managing Director in the Business Development Group of Ares Management, where he honed his alternative asset management marketing and distribution skills, while primarily focusing on Institutional Consultant Relations.
Previous to his role at Ares, Mr. Scibelli was Head of Institutional Distribution & Consultant Relations for TCW, a role that he inherited after the acquisition of Metropolitan West Asset Management (MetWest). Mr. Scibelli co-founded MetWest in 1996 and led all sales, marketing and distribution from the firm’s inception until its acquisition by TCW in 2010. MetWest's institutional and mutual fund distribution strategy focused on leveraging institutional third-party intermediary referrals. Under his leadership, MetWest’s institutional separately managed AUM grew to $20 billion and mutual fund AUM grew to $10 billion.
Mr. Scibelli is a graduate of UCLA Anderson School of Management (MBA) and Harvard University (BA, economics).
About ACR Alpine Capital Research
ACR Alpine Capital Research, based in St. Louis, is a fundamental valuation based asset management firm. Our integrity with these principles requires a different focus. Our focus is on absolute returns and protection from speculative loss, regardless of overall market fluctuations. Founded in 1999, the firm today manages approximately $2.5 billion. For more information, please visit www.acr-invest.com