GAMCO Investors, Inc. (NYSE: GBL) today announced the election of Marc
Gabelli to the board of GAMCO Investors, Inc.
Marc Gabelli is President of GGCP, Inc., GAMCO Investors’ parent
company. In February 1999, Mr. Gabelli helped lead the initial public
offering of GAMCO. He is Co-Chairman of Gabelli Securities, Inc., our
majority controlled institutional research services and merger arbitrage
investment partnerships business. His portfolio assignments have
included hedge fund management since 1990 and traditional asset
management since 1994. He has managed several Morningstar five star
mutual funds, and a Lipper #1 ranked global equity mutual fund in the
U.S. His focus is global, catalyst-driven value investing across all
market capitalizations and industry sectors.
Mr. Gabelli began his investment career in arbitrage at Lehman Brothers
International. He holds an M.B.A. from the Massachusetts Institute of
Technology (MIT) Sloan School of Management and a B.A. from Boston
College. He is a member of the New York Society of Securities Analysts.
Douglas R. Jamieson, President of GAMCO Investors, Inc., said, “We have
the good fortune of Marc officially joining our board. Marc has been a
valuable contributor to our board over the years. He is an exceptionally
talented and knowledgeable professional and we are privileged to have
him serve all of our shareholders.”
GAMCO Investors, Inc., through its subsidiaries, manages private
advisory accounts (GAMCO Asset Management Inc.), mutual funds and
closed-end funds (Gabelli Funds, LLC), and partnerships and offshore
funds (Gabelli Securities, Inc.). As of September 30, 2014, GAMCO had $
46.9 billion in assets under management.
SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
Our disclosure and analysis in this press release may contain some
forward-looking statements. Forward-looking statements give our current
expectations or forecasts of future events. In particular, these include
statements relating to future actions, future performance and financial
results. Although we believe that we are basing our expectations and
beliefs on reasonable assumptions within the bounds of what we currently
know about our business and operations, there can be no assurance that
our actual results will not differ materially from what we expect or
believe. We also direct your attention to any more specific discussions
of risk contained in our Form 10-K and other public filings. We are
providing these statements as permitted by the Private Litigation Reform
Act of 1995. We do not undertake to update publicly any forward-looking
statements if we subsequently learn that we are unlikely to achieve our
expectations or if we receive any additional information relating to the
subject matters of our forward-looking statements.
Copyright Business Wire 2014