LOS ANGELES--(BUSINESS WIRE)--Aristotle, a family of employee-owned investment management firms managing $12.17 billion* in equity and fixed income strategies, announced today the launch of the Aristotle Value Equity Fund. This Fund will be managed by Aristotle Capital Management, LLC (Aristotle Capital). The institutional no-load share class will trade under the symbol ARSQX.
The objective of the Fund is to maximize long-term capital appreciation with a focus on seeking capital preservation over complete market cycles. The investment philosophy applies a fundamental, bottom-up security selection process to a universe of companies with market capitalizations typically in excess of $2 billion at initial investment. The Fund holds approximately 35 to 45 investments in what Aristotle Capital believes to be high-quality businesses trading at meaningful discounts to their intrinsic values. The Fund invests mainly in U.S.-based companies, but may invest up to 20% in companies based outside the U.S. in the form of American Depository Receipts (ADRs).
The Fund’s portfolio manager is Howard Gleicher, CFA, Chief Executive Officer and Chief Investment Officer of Aristotle Capital. Mr. Gleicher, a 32-year veteran in the investment industry, has applied the same investment philosophy and process as portfolio manager of value equity strategies for more than two decades.
“We believe Aristotle Capital differentiates itself from other asset managers by focusing on investing in great businesses,” said Mr. Gleicher. “We do not focus on just buying and selling stocks. As an investment team, we are constantly working to understand the very best business models. We then look to see if these great businesses possess catalysts that should unlock value over time. This approach results in a concentrated portfolio of what we consider outstanding companies.
“We look at these great companies from a global perspective and invest with a long-term view,” Mr. Gleicher continued. “As a result of our thorough due diligence process, we find that only a select number of companies meet our stringent criteria. Therefore, by design, our portfolios represent those businesses where we have the very highest conviction of quality, value and long-term prospects.”
Patrick Schussman, Managing Director, Head of Advisory Distribution at Aristotle, added, “We are excited to provide the advisory marketplace an opportunity to participate in our flagship investment strategy. The Aristotle Value Equity Fund complements products available on our expanding platform which include the Aristotle International Equity Fund (ticker: ARSFX), the Aristotle Small Cap Equity Fund (ticker: ARSBX), the Aristotle/Saul Global Opportunities Fund (ticker: ARSOX) and the Aristotle Strategic Credit Fund (ticker: ARSSX).”
Prior to founding Aristotle Capital, Mr. Gleicher co-founded Metropolitan West Capital Management, LLC, where he served as Chief Executive Officer and Chief Investment Officer for 13 years. Mr. Gleicher’s prior investment-related experience includes serving as Principal, Portfolio Manager and Investment Policy Committee member at Palley-Needelman Asset Management, Inc., and Equity Portfolio Manager at Pacific Investment Management Company (PIMCO).
Mr. Gleicher earned his Bachelor of Science and Master of Science degrees in Electrical Engineering from Stanford University, and his MBA from Harvard University. He is a CFA® charterholder.
With offices in Los Angeles, Newport Beach and Boston, Aristotle is a family of employee-owned investment management firms that, as of July 31, 2016, collectively managed $12.17 billion* in assets under management across equity and fixed income strategies. Aristotle attracts and retains talented investment professionals through a culture focused on research, investment management and client success.
Aristotle offers multiple investment solutions including domestic large cap value equity, international equity, global equity, small cap equity, small/mid cap equity, global opportunities and value-added credit (i.e., high yield bonds, bank loans and investment grade corporate bonds) and other custom strategies. Aristotle’s clients include public and ERISA funds, corporations, foundations, endowments, Taft-Hartley, charitable organizations and high net worth individuals.
Aristotle’s experienced corporate leadership team oversees a centralized support infrastructure to ensure that our distinct teams of investment professionals are able to focus on what they do best—adding value to client portfolios. The company’s infrastructure includes areas such as compliance, trading, operations, client communication, marketing and distribution.
Aristotle Capital Management, LLC, Aristotle Credit Partners, LLC, and Aristotle Capital Boston, LLC are affiliated organizations. Each is an independent investment advisor separately registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about each advisor, including investment strategies, fees and objectives, can be found in their respective Forms ADV Part 2, which are available upon request.
*As of July 31, 2016, Aristotle Capital Management, LLC had approximately $10.44 billion assets under management, Aristotle Capital Boston, LLC had approximately $1.35 billion assets under management, and Aristotle Credit Partners, LLC had approximately $0.38 billion assets under management.
The Fund is a recently formed mutual fund and has a limited history of operations. There is no guarantee that any investment strategy (or risk management) will achieve its objectives. All investing involves risk, including potential loss of principal.
Equity securities (stocks) may be more volatile and carry more risk than other forms of investments, including investments in high grade fixed income securities. The net asset value per share of a fund will fluctuate as the value of the securities in the portfolio changes. Please refer to the Fund’s prospectus for additional information.
Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus or summary prospectus that contains this and other information about the Fund is available by calling 1.844.274.7868 or visiting www.aristotlefunds.com and should be read carefully prior to investing.
The Aristotle Value Equity Fund is distributed by IMST Distributors, LLC. Aristotle Capital Management, LLC is the Investment Advisor.