ST. LOUIS--(BUSINESS WIRE)--ACR Alpine Capital Research announced that Steve Mace has been hired as Executive Vice President overseeing the firm’s business growth and operations. Founder, President and Chief Investment Officer Nick Tompras will continue to oversee ACR’s investments and portfolio management team.
“We are excited to welcome Steve to the ACR team,” said Tompras. “Steve has the skill set and proven ability to lead and grow a sophisticated asset management firm with both domestic and international strategies. With Steve executing on ACR’s overall business objectives, our investment team can continue to focus its efforts on achieving superior risk-adjusted returns for ACR’s investors.”
Steve Mace has been in the institutional investment industry since 1986, serving as a Vice President with Franklin Templeton and a co-founder and Managing Director of Centurion Alliance. For the last 10 years, he has been the Chief Operating Officer at Kennedy Capital Management, a St. Louis-based investment firm managing more than $5 billion in small- and mid-cap stock portfolios for both institutions and high-net-worth individuals. Mace is both a licensed attorney and a Certified Public Accountant, and he holds the Chartered Financial Analyst® designation.
“I was introduced to Nick over a decade ago and have watched in admiration as Alpine has grown from a dream into a powerful institutional firm,” said Mace. “Nick’s differentiated view of the world and investing has enabled the firm and its clients to prosper – even through challenging market environments. It is a privilege to join ACR at this pivotal point in its development, and I look forward to being an integral part of the firm’s growth going forward.”
About ACR Alpine Capital Research
ACR Alpine Capital Research, based in St. Louis, is a fundamental valuation-based asset management firm. ACR’s mission is to protect and maximize our investors’ purchasing power through integrity with essential investment principles and excellence in valuation and advice. Founded in 1999, as of March 31, 2016 the firm managed approximately $2.7 billion for financial intermediaries and institutions. For more information, please visit www.acr-invest.com.