LOS ANGELES, Oct. 2, 2002 (PRIMEZONE) -- Roxbury Capital Management LLC recently announced the addition of three veteran investment specialists -- Steve Marshman, Robert Marvin and Brian Smoluch -- who will lead the firm's new small cap growth strategy.
The three previously managed both small- and mid-cap investment portfolios for Columbia Management Group in Portland, Oregon, a division of Fleet Boston Financial Inc.
"We are excited by the addition of these three senior portfolio managers to our investment group," said Roxbury's Chief Executive Officer Tony Browne. "With more than 25 years of investment experience among them, this team has been working together for nearly five years, and they have demonstrated great success in managing small cap portfolios during that time period."
"We have been very impressed by the team's strict adherence to their investment discipline and the consistent and superior results they have achieved," said Managing Director Brian Beh. "We are confident the plan sponsor and consultant community will be equally impressed."
According to Mr. Beh, the addition of these three senior investment managers is a good example of Roxbury's overall strategic direction. That strategy includes identifying and attracting highly successful investment specialists who can bring to the firm specific expertise that will complement Roxbury's existing products. The firm added a fixed-income team in 2001.
"Our expertise is in managing small cap portfolios and partnering with Roxbury will allow us to focus all of our energy on finding the best small cap stocks," said Mr. Marshman. "We also are impressed with Roxbury's superior marketing team and commitment to client service."
Founded in 1986, Los Angeles-based Roxbury Capital Management LLC invests $5 billion for pension funds, foundations and endowments, as well as high net worth individuals. Wilmington Trust Company, located in Delaware, holds an interest in Roxbury Capital Management.