Charlie Smith

MLAM's worldwide approach to equity investing uses a philosophy of identifying relative value among individual stocks and stock markets by focusing primarily on two variables: reinvestment rate and the price-to-book value ratio. There are seven additional screens employed to further refine the process. The factors used to identify value include price-to-cash flow, price-to-earnings ratios, past and future earnings growth and dividend payouts. For asset allocation, a country whose market valuation measurements seem consistently above or below world averages or its own historical averages are over or under-weighted accordingly. The degrees of over or under-weighting are determined by relative economic prospects as measured by the outlook for GNP, inflation and interest rates of each country and their impact on currency movements. By combining a value approach to individual stock selection with asset allocation by country, the firm seeks to achieve consistent performance relative to international equity indexes. MLAM combines top-down and bottom-up analysis and uses proprietary models as part of their research process. Their funds are team-managed.

Functions as a College/University

Broadpoint.Gleacher's Equity Capital Markets team advises on, underwrites and places IPOs, follow-on public equity offerings, secondary equity offerings and direct registered placements of equity securities and private placements of public and private equity and hybrid securities. The firm's Debt Capital Markets team advises on, underwrites and places public and private placements of investment grade debt, high yield debt, bank debt and convertible debt and all other fixed-income related securities. Broadpoint.Gleacher also offers liability management advisory and execution services to corporations and institutional investors. This includes redemptions, repurchases, debt tenders, private exchange offers, registered exchange offers, debt for equity swaps and equity for equity swaps across all classes of securities including investment grade, high yield, ABS and equities.

OEP Capital Advisors invests in middle market companies located in North America and Europe with EBITDA of USD 10 - 70 million and revenues of $100 to $800 million. The firm focuses on sectors of technology, industrial and healthcare with an investment size of $30 to $300 million. It provides financing for buyout transactions and acquires controlling stake.