Resume
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A N D R E W L . B E J A , C F A 21 Meriam St. Lexington, MA 02420 617 680 8662 • [email protected] PROFESSIONAL SUMMARY Portfolio Manager – 16 years managing portfolios – Four of Five investment products ranked top decile Money Maker - Proven ability to generate consistent alpha and substantial absolute returns Disciplined “Desert Island” investment philosophy and process: o 26 years of experience – All in Small/Mid Cap Growth Stocks o Defined areas of expertise – Know and stick to my “sandbox” o Sector Focus (sandbox): Business Services; Internet; Tech Software/Services; Consumer PROFESSIONAL EXPERIENCE Lee Munder Capital Group, Boston, MA 2000 – 2011 Co-Founder, Portfolio Manager, Analyst Managed four products over 11 years – Three of four were top decile performers o Concentrated Growth Strategy – Conceived, funded, sole-managed 8/07- Present o Traditional Long-Only – Co-Managed SMID-Cap Growth & Small-Cap Growth o Long/Short Equity Hedge Fund – Co-Managed 12/00-12/03 Desert Island Concentrated Growth Strategy Companies I'd take to the Desert Island In Sectors in which I have a competitive edge Own Stocks based on strict expected return and risk/reward disciplines Identify and get to know companies I'd "take to the desert island" for five years. These companies operate in businesses in which I have sector expertise and have open-ended opportunities, sound business models based on sustainable competitive advantage, strong financials, and superior management. This company analysis is combined with a rigorous valuation discipline centered on a stock's expected return and risk/reward. The net result is a portfolio of attractively priced stocks of
Transcript of Resume
A N D R E W L . B E J A , C F A
21 Meriam St. Lexington, MA 02420617 680 8662 • [email protected]
PROFESSIONAL SUMMARY
Portfolio Manager – 16 years managing portfolios – Four of Five investment products ranked top decile
Money Maker - Proven ability to generate consistent alpha and substantial absolute returns
Disciplined “Desert Island” investment philosophy and process:
o 26 years of experience – All in Small/Mid Cap Growth Stocks o Defined areas of expertise – Know and stick to my “sandbox” o Sector Focus (sandbox): Business Services; Internet; Tech
Software/Services; Consumer
PROFESSIONAL EXPERIENCE
Lee Munder Capital Group, Boston, MA 2000 – 2011
Co-Founder, Portfolio Manager, Analyst
Managed four products over 11 years – Three of four were top decile performers
o Concentrated Growth Strategy – Conceived, funded, sole-managed 8/07-Presento Traditional Long-Only – Co-Managed SMID-Cap Growth & Small-Cap Growth o Long/Short Equity Hedge Fund – Co-Managed 12/00-12/03
Desert Island Concentrated Growth Strategy
Companies I'd take to the Desert IslandIn Sectors in which I have a competitive edge
Own Stocks based on strict expected return and risk/reward disciplines Identify and get to know companies I'd "take to the desert island" for five years. These companies operate in businesses in which I have sector expertise and have open-ended opportunities, sound business models based on sustainable competitive advantage, strong financials, and superior management. This company analysis is combined with a rigorous valuation discipline centered on a stock's expected return and risk/reward. The net result is a portfolio of attractively priced stocks of some of the most exciting and innovative companies in the economy that has a performance record that is among the best of its peer group since inception.
Standish, Ayer & Wood, Boston, MA 1996 – 2000
Portfolio Manager & Analyst
Andrew L. Beja, CFA • Page 2 • [email protected]
Standish Small Cap II Fund (Symbol - SSETX) – Launched 12/96 One of the top performing funds in the U.S. from inception through move to
LMCG (8/00)
o Awarded 5 Star Morningstar Ratingo Significant alpha in a variety of up and down markets from 1996-2000o Barron’s – Named #4 on Barron’s top 100 Fund Managers ranking PM’s on
risk-adjusted performance relative to category peerso Fund assets grew from $0 to $700M in three years
Advest, Inc., Hartford, CT 1984 – 1996
Sell-side Analyst
Generalist - Small Cap Stocks publishing research on a wide variety of industries Stellar Track Record - 30 of 37 recommended stocks out-performed benchmark
EDUCATION
Miami University, Oxford, OH B.A. – Economics & Political Science May, 1984
Other
The Connecticut Forum -- Board of Directors 2007 – PresentChartered Financial Analyst (CFA) -- Awarded 1987BSAS – Member - Since 1996
Andrew L. Beja, CFA • Page 2 • [email protected]
Annualized PeerSole-Managed Funds Alpha P-Tile
LMCG - Concentrated Growth Fund Annualized Return - CG 8.8% 4.9% 4th7/ 31/ 07-7/ 31/ 11 Annualized Return - R2500G 3.9%
Standish SC II Fund - SSETX Annualized Return - SSETX 44.6% 29.2% 1st12/ 31/ 96-6/ 30/ 00 Annualized Return - R2000G 15.4%
Co-Managed Funds
LMCG Long/ Short Fund Annualized Return - LMCG L/ S 18.0% 18.1% 5th12/ 1/ 00-12/ 31/ 03 Annualized Return - R2000G -0.1%
LMCG - SMID Annualized Return - LMCG SMID 9.9% 2.6% 9th12/ 31/ 03-12/ 31/ 10 Annualized Return - R2500G 7.3%
LMCG - SCG Annualized Return - LMCG SCG 1.3% -0.1% 58th1/ 1/ 01-12/ 31/ 10 Annualized Return - R2000G 1.4%
* Peer performance is relative to eVestment Universe (CG, SMID, SCG), Morningstar (SSETX) and CS/ Tremont (L/ S Fund)
Andrew L. Beja, CFAInvestment Performance
Summary Statistics
Annualized ReturnCSG R2500G Alpha CSG R2500G CSG R2500G
2007 * Inception 8/ 1/ 07 18% 3% 15.32008 -46% -42% -4.82009 54% 42% 12.12010 30% 29% 1.32011 (Thru 7/ 31/ 11) 11% 6% 4.7 8.8% 3.9% 40.3% 16.4%
Average Alpha (Bps) 573
Investment PerformanceConcentrated Growth Fund
Returns Cumulative Return
Andrew L. Beja, CFA
