NEW YORK, September 11, 2019 – During a live webcast sponsored by Chief Investment Officer magazine, Jack Murphy, CIO of Levin Easterly Partners, a private asset management firm specializing in value investing, said that the coming months are likely to bring continued volatility and uncertainty in the financial markets, making it an excellent opportunity for investors seeking undervalued stocks.DOWNLOAD - PDF
Benjamin Tillson and Ryan Connelly to Lead Outreach to Institutional Clients
BOSTON, September 4, 2019 – Levin Easterly Partners, a private asset management firm specializing in value investing, today announced that it has enhanced its institutional sales capabilities with the appointments of two well-regarded rising stars. Benjamin Tillson and Ryan Connelly have been named to the position of Vice President – Institutional Sales at Easterly Partners, Levin Easterly’s distribution arm. They are based in Easterly Partners’ Boston-area office and report directly to Michael Collins, Levin Easterly’s Managing Director and Head of Investor Relations and Business Development.DOWNLOAD - PDF
NEW YORK, July 8, 2019 – Levin Easterly Partners, a private asset management firm specializing in value investing, today announced that Grace K. Bosserman has been appointed Chief Operating Officer. She will report to Levin Easterly’s Chief Investment Officer, Jack Murphy, and to Darrell Crate, the firm’s chairman.DOWNLOAD - PDF
Longtime Portfolio Manager Joins Senior Leadership of the Value Manager
NEW YORK, June 15, 2019 – Levin Easterly Partners, a private asset management firm specializing in value investing, today announced that Samuel L. Hendel has been named President. Hendel will continue to serve on the investment team. As President, he will report to Levin Easterly’s Chief Investment Officer, Jack Murphy, and to Darrell Crate, the firm’s Chairman.DOWNLOAD - PDF
Ranking Places the Strategy Among the Top 10 in Its Category Over the Past Three Years
NEW YORK, June 13, 2019 – Levin Easterly Partners, a private asset management firm specializing in serving institutions, today announced that its Mid Cap Value Strategy has received Four Stars and the PSN Top Gun distinction awarded through Informa Financial Intelligence’s PSN manager database. The strategy was awarded Top Gun status for having ranked among the top 10 funds in its Mid Value Universe over the three most recent three-year periods ended March 31, 2019.DOWNLOAD - PDF
End of the Post-Financial Crisis World Poses Risks for a New Generation of Investors; Gives Top Stock Picks for an Uncertain Age; Advises Crowd Not to Get Bit by FAANGS
NEW YORK, May 20, 2019 – At the 10th annual Chief Investment Officer Summit in New York, Jack Murphy, CIO of Levin Easterly Partners, said that government intervention following the financial crisis was a sedative on the economy and markets that is wearing off, leaving a new generation of investors that is awakening without memory of risk. These were Murphy’s first public remarks as CIO of Levin Easterly, the long-only asset management firm that was launched last month through Easterly’s acquisition of the institutional investment business of Levin Capital Strategies.DOWNLOAD - PDF
Launches Levin Easterly Partners
NEW YORK, April 9, 2019 – Easterly, an asset management holding company, today announced it has purchased the institutional investment business of Levin Capital Strategies, establishing Levin Easterly Partners, a long-only asset manager with approximately $6.1 billion in assets.
The new firm’s investment and management team will hold a 35% stake in Levin Easterly, providing a solid incentive for long-term growth. Easterly owns a 65% stake.
“We are thrilled to form a partnership with this team of outstanding investment talent,” said Darrell Crate, who serves as Chairman of Levin Easterly. “For years, this team has been consistently able to apply a fundamental predictive research process to find value in the most efficient segment of the equity market.”DOWNLOAD - PDF
Levin Easterly Partners President, Sam Hendel, contributes to The Wall Street Journal ‘With Earnings ‘Out the Window,’ Investors Turn to Survival Metrics.’VIEW ARTICLE
Levin Easterly Partners President, Sam Hendel, contributes to Reuters article ‘Wall Street falls on Powell’s grim outlook.’VIEW ARTICLE
Levin Easterly Partners President, Sam Hendel, contributes to Investor’s Business Daily article ‘As States Reopen Businesses, Easing Coronavirus Shutdowns Could Backfire.’LISTEN HERE
Levin Easterly Partners President, Sam Hendel, contributes to Reuters article ‘AT&T Names New CEO as Trump Gloats Over Changes at CNN Owner.’LISTEN HERE
Levin Easterly Partners President, Sam Hendel, speaks with anchors Lisa Abramowicz and Paul Sweeney on why he’s following the 2008 playbook.LISTEN HERE
Levin Easterly Partners President, Sam Hendel, contributes to Reuters article ‘Coronavirus Slams U.S. Jobs Growth in March.’VIEW ARTICLE
Levin Easterly Partners President, Sam Hendel, contributes to Forbes article ‘The Coronavirus Pandemic May End Up Being This Generation’s ‘Finest Hour’’.VIEW ARTICLE
Levin Easterly Partners President, Sam Hendel, provides thoughts on the recent rally of the U.S. stock market.VIEW ARTICLE
Sam Hendel, Levin Easterly Partners President, contributes to Forbes article ‘The Coronavirus Is Becoming A Public Relations Disaster For China.’VIEW ARTICLE
Levin Easterly Partners President Sam Hendel shares how the firm draws on 2008 lessons to find stocks that will outlast a pandemic.
Sam Hendel, president at Levin Easterly Partners, contributes thoughts to The Wall Street Journal article ‘U.S. Stocks Slide Into a Correction as Virus Fears Show No Signs of Easing.’VIEW ARTICLE
Levin Easterly Partners President Sam Hendel joins The Final Round to discuss what he thinks of the market overall and what out-of-favor of value names are worth looking at.VIEW SEGMENT
Chris Susanin, co-portfolio manager at Levin Easterly, shares his thoughts on vehicle safety from General Motors’ recent investor day.VIEW ARTICLE
Chris Susanin, co-portfolio manager at Levin Easterly Partners, comments on General Motors’ hopes to sell investors on its EV, tech future.VIEW ARTICLE
Sam Hendel of Levin Easterly discusses whether the recent market volatility amid fears over the coronavirus has been warranted.VIEW SEGMENT
Jack Murphy, CIO at Levin Easterly, discusses how he uses catalysts as part of his fundamental research.
Jack Murphy, CIO at Levin Easterly Partners, provides two of his top stock picks for 2020.VIEW ARTICLE
Sam Hendel, president at Levin Easterly Partners, joins TheStreet to discuss stock picks and whether or not there’s opportunity amidst the volatility.
AT&T Chief Laid Plans for His Exit. That Set Off an Activist Challenge.VIEW ARTICLE
Jack Murphy, CIO, interviewed on Money Life by host Chuck Jaffe in ‘Make savings a game to curb debts, amass ‘necessity funds”LISTEN HERE - SEGMENT BEGINS 37 MINUTES, 53 SECONDS
Five safe stocks for risk-blind millennials living in ‘uncertain’ timesVIEW ARTICLE
Easterly takes majority stake in Levin Capital’s institutional business
Easterly Partners Group, a money management holding company, has acquired a majority stake in the institutional investment business of long-only money manager Levin Capital Strategies, a spokeswoman said.
Terms of the deal, which closed April 1, are not being disclosed. As a result of the acquisition, Easterly formed a new firm, Levin Easterly Partners, which is 65% owned by Easterly and 35% by the new firm’s investment and management team. Levin Capital Strategies’ institutional business was 100% owned by founder John A. Levin, who will continue to manage portfolios through Levin Capital Strategies’ remaining business and serve as a strategic adviser to the new firm.
Jack Murphy, previously portfolio manager at Levin Capital Strategies, will serve as chief investment officer of the new firm, while Darrell Crate, managing principal of predecessor firm Easterly Partners, will serve as chairman, and Mike Collins, managing director and head of business development and head of business development at Easterly Partners, will lead marketing and distribution for the new firm.
Levin Easterly Partners has about $6.1 billion in assets under management.
Contact Rob Kozlowski at Rkozlowski@pionline.com · @ kozlowski_piDOWNLOAD - PDF