NEW YORK--(BUSINESS WIRE)--In the Contacts section of the press release, the phone number for Todd Offermann should read: 646-442-6822 (sted 212-986-6822).
The corrected release reads:
CURTIS JENSEN JOINS ROBOTTI & COMPANY ADVISORS
Robotti & Company Advisors (Robotti Advisors) is pleased to announce that Curtis Jensen has joined the Company as a portfolio manager. Mr. Jensen is the former Chief Investment Officer of Third Avenue Management, where he spent 19 years. Mr. Jensen was an early member of the Third Avenue team, eventually managing the firm’s small-cap strategy and becoming co-CIO with the firm's founder, legendary value investor Marty Whitman, before being appointed sole Chief Investment Officer.
“I see the opportunity to build a risk-averse, long-term focused investing strategy at Robotti Advisors, one where investment risks can be managed selectively and patiently as mechanistic, ‘value-ignorant’ strategies may be peaking,” stated Mr. Jensen. “I believe a flexible, value-based strategy, grounded in primary research, could offer investors a much higher probability of success in the years ahead.”
“In developing the vision for my investment strategy,” Jensen continued, “I put great weight on the ‘people factor,’ defined as a group exhibiting not only the highest levels of integrity and financial conservatism, but also a passion for fundamental research, which is what led me to Robotti Advisors. Over 30 years, Bob Robotti has built an enviable ‘investment think-tank’ where energy is focused on building concentrated, high conviction portfolios. Formed within Robotti’s highly reputable investment advisor, my strategy will benefit from the firm’s infrastructure, including its fundamentals-based research capabilities. I am delighted to join a team that prides itself on a focused and disciplined value-oriented investment approach. We look forward to partnering with like-minded investors whose investment time horizon and views of investment risk match our own.”
Robotti Advisors CIO and founder, Bob Robotti, commented “We're very excited to have a person of Curtis' pedigree and character choose to partner with us. It's an affirmation of the culture we've cultivated over 30 years of independent investment thought and passion for investing. Curtis' skill set and breadth of investing experience will both strengthen and broaden our firm's deep roots as value investors.”
Robotti & Company Advisors, a NYC based registered investment adviser, continues the investment advisory business of its predecessor, Robotti & Company, Inc. which was founded in 1983. The Company has over $500 million in assets under management, consisting of both separately managed accounts and private funds. Robotti & Company Advisors specializes in applying our research methodology in identifying undervalued securities. We pride ourselves on our disciplined bottom-up research orientation and offer personalized investment management targeted to our clients’ long-term equity investment needs.