WEDGE CAPITAL MANAGEMENT - Key Persons
Job Titles:
- Fixed Income Specialist
- General Partner Jonathan M. Souza / Director of Credit Research Aaron T. Koscheski
Aaron is responsible for fixed income analytics and assisting with fixed income trading. Prior to joining WEDGE in 2018, Aaron was an Associate Consultant with Synechron. Aaron received his Bachelor of Science degree in Business Administration from the University of South Carolina at Columbia, majoring in Finance and Economics.
Job Titles:
- Managing Partner
- Managing Partner Bradley W. Horstmann / Managing Partner John G. Norman
- Managing Partner Christopher Lewis / General Partner Li Zhang
Andrei has 27 years of investment experience and serves as our Director of Quantitative Research. Andrei also serves on the firm's Management Committee. Prior to joining WEDGE Capital Management in 2006, Andrei was involved in strategic investments and the development of quantitative investment tools at Companion Capital Management in Columbia, South Carolina. He formerly managed the trade finance desk of Ural Foreign trade Bank in Ekaterinburg, Russia. Andrei completed a three-year program of studies at the Moscow Institute of Physics and Mathematics, earned a Masters in International Business at the Ural State University of Economics as well as a Master of Business Administration degree from the Darla Moore School of Business at the University of South Carolina, and received a PhD-level degree in Economics and Mathematical Modeling from the Russian Academy of Science. Andrei is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner
- General Partner Andrew J. Rosenberg / General Partner Darrin R. Witt
Andrew is responsible for idea generation within WEDGE's Traditional Equity platform and serves as the head of the firm's mid cap and large cap strategies. Andrew joined WEDGE in 2007 and has 25 years of investment experience. Prior to joining WEDGE, Andrew was a Vice President in the Strategic Investments Group at Bank of America where he analyzed and executed private equity transactions on behalf of the bank. He was also associated with Bank of America's leveraged finance and syndicated loan platforms. In addition, Andrew was formerly associated with Goldman Sachs. Andrew received his Bachelor of Arts degree in English from Colgate University and his Master of Business Administration degree from Vanderbilt University. Andrew is a member of the firm's Investment Policy Committee.
Job Titles:
- Managing Partner
- Managing Partner Chantal E. Decker / Executive Vice President - Compliance Dustin J. DeMaio
Brad has 28 years of investment experience and is the firm's Chief Compliance Officer responsible for overseeing compliance and risk management. Brad also serves on the firm's Management Committee. Prior to joining WEDGE Capital Management in 1995, Brad was a General Services Supervisor with McGladrey & Pullen, LLP, in Charlotte, North Carolina. He received his Bachelor of Science degree in Accounting from Appalachian State University. Brad is a member of the firm's Investment Policy Committee.
Brian has 17 years of investment experience and is responsible for equity research and idea generation within our Traditional Equity platform. Prior to joining WEDGE in 2006, Brian was a Consultant with Accenture in Reston, Virginia. Brian received his Bachelor of Science degree in Systems Engineering from the University of Virginia and his Master of Business Administration degree from Vanderbilt University. Brian is a member of the firm's Investment Policy Committee.
Job Titles:
- Executive Vice President - Compliance
- Managing Partner Chantal E. Decker / Executive Vice President - Compliance Dustin J. DeMaio
Chantal has 13 years of investment experience and is responsible for the ongoing development, implementation, and assessment of the firm's compliance program and for coordinating compliance and reporting for the firm's CIT relationships. Prior to joining WEDGE in 2010, Chantal was a Senior Assurance Associate with McGladrey & Pullen in Charlotte, North Carolina. Chantal received her Bachelor of Science degree in Accounting and Master of Science in Accountancy degree from the College of Charleston. Chantal is a member of the firm's Investment Policy Committee.
Job Titles:
- Senior Vice President
- Vice President
Chelsea has 13 years of investment experience and is responsible for client portfolio management and client service. Prior to joining WEDGE in 2019, Chelsea was Vice President of Millennium Advisors, where she managed the firm's buy side trading relationships. Previously, Chelsea worked at Fred Alger Management, where she was responsible for institutional client relationship management, reporting, and account onboarding. Chelsea received her Bachelor of Arts in Economics from Union College in Schenectady, NY. Chelsea is a member of the firm's Investment Policy Committee.
Christopher has 14 years of investment experience and is responsible for the development and maintenance of quantitative models utilized across the firm's strategies. Prior to joining WEDGE in 2014, Christopher was an Associate at River Branch Capital, where he was responsible for developing models and executing investments in community banks. He formerly was an Investment Banking Analyst at Credit Suisse. Christopher received his Bachelor of Business Administration degree with concentrations in Finance and Accounting from the University of Michigan, and his Master of Business Administration degree with concentrations in Analytic Finance and Econometrics & Statistics from the University of Chicago. Christopher is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner
- General Partner Andrew J. Rosenberg / General Partner Darrin R. Witt
Darrin is responsible for idea generation within WEDGE's Traditional Equity platform and serves as co-head of the firm's small cap research strategy. Darrin joined WEDGE in 2004 and has 22 years of investment experience. Prior to joining WEDGE, Darrin was an equity research associate at Smith Barney and Fox-Pitt, Kelton in New York. He was formerly a consultant with Stern Stewart & Co., working out of its New York and Australia offices. Darrin received his Bachelor of Science degree in Commerce with concentrations in Finance and Accounting from the University of Virginia's McIntire School of Commerce. Darrin is a member of the firm's investment Policy Committee.
Job Titles:
- General Partner
- General Partner Andrew J. Rosenberg / General Partner Darrin R. Witt
Don is responsible for idea generation within WEDGE's Traditional Equity platform and serves as co-head of the firm's small cap research strategy. Don joined WEDGE in 2014 and has 25 years of investment experience. Prior to joining WEDGE, Don was a Portfolio Manager at Lee Munder Capital Group in Boston, Massachusetts, and an investment Analyst with American Century Investments in Kansas City, Missouri. Don received his Bachelor of Arts degree in Economics/Finance from St. Olaf College, his Master of Business Administration degree from Indiana University Kelley School of Business and his Juris Doctoris from Indiana University School of Law. Don is a member of the firm's Investment Policy Committee.
Job Titles:
- Executive Vice President - Head of Equity Trading
- Managing Partner Chantal E. Decker / Executive Vice President - Compliance Dustin J. DeMaio
Dustin has 23 years of investment experience and is responsible for all domestic and international equity trading for the firm. Prior to joining WEDGE Capital Management in 2005, Dustin worked in the equity operations area of Capital Guardian Trust Company. Dustin received his Bachelor of Arts degree in Economics from California State University of Long Beach.
Job Titles:
- Equity Analyst
- General Partner
Andrew is responsible for equity research and idea generation within our Traditional Equity platform. Prior to joining WEDGE in 2015, Andrew was a Manager in the Assurance Services practice of Ernst & Young L.L.P., focusing on the financial sector. Andrew received his Bachelor of Science degree in Accounting with a concentration in Financial Analysis from North Carolina State University. Andrew is a member of the firm's Investment Policy Committee.
Job Titles:
- Managing Partner
- Managing Partner T. Caldwell Calame / General Partner Richard a. Wells
John has 33 years of investment experience and is responsible for client portfolio management and client service. John also serves on the firm's Management Committee. Prior to joining WEDGE Capital Management in 2004, John served as a Senior Vice President at Banc of America Capital Management. He was a Vice President with Brown Brothers Harriman in their Institutional Investment Management Group, Wheat First Securities, and William M. Mercer Investment Consulting. John received his Bachelors of Business Administration in Finance from The College of William and Mary. John is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner Jonathan M. Souza / Director of Credit Research Aaron T. Koscheski
Jonathan has 16 years of investment experience and is responsible for fixed income credit research. Prior to joining WEDGE, Jon was a fixed income portfolio manager for the Private Bank at Wells Fargo. Jon's investment experience also includes municipal credit research at Eaton Vance Management. Jon received his Bachelor of Science in Business Administration degree with a concentration in Finance from the University of Massachusetts. Jon is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner
- Managing Partner Christopher Lewis / General Partner Li Zhang
Li has 21 years of investment experience and is responsible for the development and maintenance of quantitative models utilized across the firm's strategies. Prior to joining WEDGE Capital Management in 2009, Li spent six years developing quantitative strategies and economic forecasts for the corporate investment arm of Bank of America. She formerly was a senior business analyst for a wide range of banking activities within Wachovia Bank. Li received a Bachelor of Science degree in Industrial Management from Southwest Jiaotong University, and a Masters of Science degree in Operations Research for Northern Illiniois University. Li is a member of the firm's Investment Policy Committee.
Job Titles:
- Academic Consultant
- Professor of Finance
Ludwig is a Professor of Finance in the School of Management at the University of San Francisco. He also contributes to the research process at WEDGE as an academic consultant collaborating on such matters as portfolio management processes, quantitative equity management and other quantitative portfolio theories. Working with the quantitative investment team at WEDGE for over 10 years, they have produced two academic papers on Selectivity Theory, both of which have been published in the European Financial Management Journal. A third paper is in process and will soon be submitted for publication. In addition, he is the author of one of the classic books in the field of portfolio management entitled "Quantitative Equity Portfolio Management" and the book which formally introduced the idea of crowding as an alternative view of causes of the 2007-2008 financial crisis with the title "The Crisis of Crowding." Ludwig received his Ph.D. in Economics from the Massachusetts Institute of Technology and B.A. in Economics from the University of California at Berkeley.
Clayton has 11 years of investment experience and is responsible for the development and maintenance of quantitative models utilized across the firm's strategies. Clayton is also responsible for the creation and management of equity trade orders. Prior to joining WEDGE in 2017, Clayton was an Accounting Manager at Emerging Sovereign Group in New York. He was formerly an Experienced Assurance Associate in PwC's New York office. Clayton received his Bachelor of Arts degree in Economics from the University of North Carolina at Chapel Hill and received his Master of Accounting degree from UNC's Kenan-Flagler Business School. Clayton is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner
- Managing Partner T. Caldwell Calame / General Partner Richard a. Wells
Richard has 41 years of investment experience and is responsible for client portfolio management and client service. Prior to joining WEDGE in 2011, Richard was a Partner and Director of National Sales with DePrince, Race & Zollo, Inc., in Winter Park, Florida. He was formerly associated with PaineWebber, Salomon Brothers, and the First Boston Corporation. Richard received his Bachelor of Science degree with a concentration in Finance from Virginia Commonwealth University. Richard is a member of the firm's Investment Policy Committee.
Bob has 17 years of investment experience and is responsible for client portfolio management, consultant relations and business development. Prior to joining WEDGE in 2023, Bob was a Senior Vice President at Alger, where he was responsible for business development and client service across institutional and intermediary distribution channels. Earlier in his career, Bob also worked at New York Life Investment Management and Ameriprise Financial Services. Bob received his Bachelor of Arts in Economics from Villanova University in Villanova, PA. Bob is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner
- Managing Partner
- Managing Partner T. Caldwell Calame / General Partner Richard a. Wells
Caldwell has 30 years of investment experience and is responsible for client portfolio management and client service. Prior to joining WEDGE Capital Management in 2007, Caldwell was a Director and Institutional Relationship manager at Columbia Management, the asset management arm of Bank of America. Caldwell was formerly associated with Bank of America in multiple groups including Banc of America Capital Management and Banc of America Investor Services. He received his Bachelor of Arts degree in Psychology at The University of the South at Sewanee. He also received his Masters of Business Administration degree at Wake Forest University Babcock Graduate School of Management. Caldwell is a member of the firm's Investment Policy Committee.
Gavin is responsible for supporting research and idea generation within our Traditional Equity platform. Prior to joining WEDGE in 2023, Gavin worked in Risk and Control at Wells Fargo Bank N.A., spending time aligned to both the Corporate & Investment Bank, as well as the Consumer & Small Business Bank. Gavin received his Bachelor of Science degree in Economics with a concentration in Finance from Duke University. Gavin is a member of the firm's Investment Policy Committee.
Job Titles:
- General Partner
- General Partner Jonathan M. Souza / Director of Credit Research Aaron T. Koscheski
Job Titles:
- Executive Vice President - Head of Equity Trading