CRAMER ROSENTHAL MCGLYNN LLC Profile
Cramer Rosenthal Mcglynn LLC is a private investment management company based out of New York that currently operates as a subsidiary of WT Investments Inc. The company was founded in 1973 by Gerry Cramer, Ed Rosenthal, and Ron McGlynn and started as a value equity investment specialist. Cramer Rosenthal Mcglynn would develop its investment rationale during the market decline of 1974, focusing on the “opportunities inherent in companies undergoing change while operating in an environment of low investor expectations.” The company has grown and expanded, attracting more clients through a positive investment history and bringing in more talented professionals to develop in depth approaches. Cramer Rosenthal Mcglynn conducts its research both internally and externally, utilizing both fundamental and quantitative approaches for its bottom up investment approach. The company invests in various public equity markets, allocating its assets in the value stocks of companies across all market caps on a global scale. Cramer Rosenthal Mcglynn invests in many diverse sectors including finance, consumer discretionary, industrials, information technology, health care, materials, utilities and telecommunications, and consumer staples, among others to a lesser degree, in order of decreasing allocation. The firm employs 54 people with 22 of them being investment professionals. Cramer Rosenthal Mcglynn currently has over $10 billion in total assets under management spread across 191 accounts, all of which are discretionary. Although its total number of accounts has been steadily decreasing in recent years, its total assets under management has increased from $7.8 billion back in 2010, although still a decrease from its highest point of $14.6 billion a year ago. Cramer Rosenthal Mcglynn mainly caters to high net worth individuals, which makes up a third of its client base, and also caters to pension and profit sharing plans, charities, corporations, and others, in order of decreasing clientele. Its family of mutual funds current include its Global Opportunity, All Cap Value, and International Opportunity funds.