Emerald Advisers Names Volpe Deputy C.I.O.
LEOLA, Pa.--(BUSINESS WIRE)--Emerald Advisers, Inc. announced today that David A. Volpe, CFA has been named its Deputy Chief Investment Officer, effective June 1, 2014. During his 14 years at the firm, Mr. Volpe has been instrumental in helping Emerald grow its assets to approximately $2.9 billion as of March 31, 2014. The longtime senior executive and research analyst will work directly with Emerald President and Chief Investment Officer Kenneth G. Mertz II, CFA who announced the appointment, “As Emerald continues to grow, it is imperative that we reinvest in our most precious commodity: our people. David’s experience and insight will add significant value to our portfolio management team and organization through this newly-created position.”
“As Emerald continues to grow, it is imperative that we reinvest in our most precious commodity: our people. David’s experience and insight will add significant value to our portfolio management team and organization through this newly-created position.”
Mr. Volpe has over 23 years of investment experience which includes managing Emerald’s Mid-Cap Growth and All Cap Growth portfolios and serving as research analyst covering the energy sector. Previous to his time with Emerald, Mr. Volpe served as First Deputy City Controller for the City of Philadelphia and as Chief Investment Officer of the Philadelphia Gas Works Pension System. “David brings a wealth of experience to this new position and further strengthens our already strong investment team,” said Joseph E. Besecker, Chairman and Founder of parent company Emerald Asset Management, Inc.
As Deputy C.I.O., Mr. Volpe will assist Mr. Mertz (the C.I.O.) in managing daily operations, performance evaluation and risk management, as well implementing strategies relating to best practices, innovation and technology. He will work in collaboration with Joseph W. Garner, Sr., Director of Research/Portfolio Manager; Stacey L. Sears, Vice President/Portfolio Manager; and Steven E. Russell, Esq., Portfolio Manager/Senior Research Analyst.
Emerald Advisers is a wholly-owned subsidiary of Emerald Asset Management, Inc., an investment holding company with approximately $3.0 billion in assets. Emerald and its subsidiaries maintain offices in King of Prussia, West Conshohocken and Pittsburgh, Pennsylvania, and Oceanside, California. Its global headquarters is located in Leola, PA.
Founded in 1991, Emerald Asset Management, Inc. is a diversified investment management company that operates thru its wholly-owned subsidiaries Emerald Advisers Inc., Emerald Mutual Fund Advisers Trust, Emerald Separate Account Management LLC, Emerald Direct Lending Advisers LLC and Emerald Fixed Income Advisers LLC. Assets managed by these companies totaled approximately $3.0 billion as of March 31, 2014. “Driven by Research,” Emerald employs an intense fundamental, research-focused investment philosophy and focuses primarily on growth-oriented equity investing and high-quality disciplined fixed-income investing.
Emerald Advisers, Inc.
3175 Oregon Pike
Leola, PA 17540