PIEDMONT INVESTMENT ADVISORS LLC

Piedmont Investment Advisors LLC is an investment management firm based out of Durham, North Carolina. The company was established in 2000 by three founding partners and would begin with its Strategic Core strategy. The company would continue to add capabilities and offerings, crossing the $1 billion in total assets under management mark in 2006 and being awarded mandate to provide valuation services for the U.S. Department of Trasury in 2009. Piedmont Investment Advisors is currently headed by its CEO, CIO, and President Isaac Hughes Green and has grown to 21 employees of which 11 are investment professionals. The company focuses on fundamental research, quantitative idea generation, and macro insights as its investment philosophy. Piedmont Investment Advisors utilizes a quantitative and fundamental methodology with both top down and bottom up investment approaches to make its investment decisions, investing in the value stocks of companies across all capitalizations in the fixed income and public equity markets in the U.S. Piedmont Investment Advisors invests most heavily in the information technology sector, which alone makes up over a fifth of its total asset allocations, and also invests in the health care, finance, consumer discretionary, consumer staples, energy, and industrials sectors, among others to a lesser degree, in order of decreasing allocation. The company currently holds over $2.5 billion in total assets under management spread across 36 accounts, all of which are discretionary except for 5 that make up a minor $3.3 million in assets under management. Although the company’s total number of accounts has been decreasing in recent years, its total assets under management has increased overall, despite some volatility, growing from $1.8 billion to its current amount. Piedmont Investment Advisors mainly caters to high net worth individuals, which alone makes up over three quarters of its entire client base, and also provides services to various other clientele. The company currently offers its Strategic Core, Optimized SMID Cap Core, and Market Plus strategies.