EVANSTON, Ill.--(BUSINESS WIRE)--Martin Investment Management, LLC is proud to announce that the firm achieved its highest level of assets under management during 2015. The firm ended 2015 with over $773 million in assets under management. The firm’s international Tortue Capital™ strategy achieved significant growth, increasing its committed assets under management from $110 million at the end of 2014 to over $144 million at the end of 2015. Asset growth came from new relationships, additional funding from existing clients, and growth in account values.
In acknowledging this achievement, Patrick Martin, Managing Director, commented, “We are very pleased to have achieved the $773 million in assets under management level after so many years of hard work.” Mary Ellen Zellerbach, Managing Director, stated that, “Our firm appreciates the support and confidence of both our new and existing clients over this challenging market cycle.”
Sandra Martin, Managing Director, announced the hiring of Audi Melsbakas as Director of Institutional Marketing and Business Development. Ms. Melsbakas has an undergraduate degree from Cornell University and received an MBA from the Kellogg School of Management at Northwestern University. She has an extensive background in marketing and capital raising with firms that include Jones Lang LaSalle, BlackRock and Henderson Global Investors. She will focus on expanding relationships with existing institutional and high net worth clients, as well as, with consultants. Ms. Melsbakas commented, “I am thrilled to be at Martin Investment Management, LLC and to be part of such a strong performing team. The “Best Ideas” Growth with a Value Discipline strategy provides an exceptional foundation for investors while the Tortue Capital™ and Global Eco strategies provide investors with unique opportunities to expand and supplement their portfolio objectives.” Sandra Martin commented, “We are excited to have Audi join the firm. Given the interest that investors have expressed in our investment strategies, we are confident that she will expand our reach and enable Martin Investment Management, LLC to get in front of investors that may be less familiar with our investment strategies. It will help the firm capitalize on the achievements of all of our investment strategies.”
Sandra Martin also announced that Arthur Urban has been named Director of Trading and Analytics. Mr. Urban is a CFA charterholder and has an undergraduate degree in mathematics from the University of Michigan and a master’s degree in statistics from DePaul University. He brings six years of algorithmic trading and market-making experience to the firm. Sandra Martin commented, “In addition to Art’s expansive knowledge base of algorithmic trading and execution related matters, Martin Investment Management, LLC stands to benefit from leveraging his quantitative background, by gaining an entirely new dimension and fresh perspective for our fundamentally driven investment management process.”
It should be noted that rankings and past performance are not indicative of future performance. Any recognition listed may not be representative of any one client’s experience because these recognitions may reflect an average or sample of the firm’s accounts or composites of accounts.
© 2016 Martin Investment Management, LLC (“MIM”) is an equity oriented, majority female-owned Registered Investment Adviser located in Evanston, Illinois. The firm focuses on three primary “Best Ideas” investment strategies. The Growth with a Value Discipline strategy invests primarily in U.S. large cap equities. The global Eco-Investing strategy focuses on companies that have goals of engaging in best environmental practices and good stewardship. The Tortue Capital™ strategy invests in a range of non-U.S. large cap companies in the developed world that have global exposure through their products or services.