Business & Finance
Business and Finance
Business and Finance
Tue, February 24, 2009 George A. Froley Joins GAMCO Investors
RYE, N.Y.--([ BUSINESS WIRE ])--GAMCO Investors, Inc. (NYSE: GBL) announced today that George A. Froley, III, CFA, founder and former Chairman of Froley, Revy Investment Co., Inc., has joined GAMCO as a consultant to its convertible strategies and to complement the marketing and sales functions.
"George's contribution to the field of convertible securities is immeasureable. The Froley, Revy brand that he co-created was known as an outstanding investment advisor with a distinguished record of success and a clear commitment to serving clients exceptionally well," said Douglas Jamieson, president and chief operating officer of GAMCO Investors. "George will be extremely helpful in creating new opportunities."
Mr. Froley received his Chartered Financial Analyst and his Chartered Investment Counselor designations in 1980. He is a member of the Association for Investment Management and Research, the Los Angeles Society of Financial Analysts, the National Association of Petroleum Analysts and the Los Angeles Bond Club. Mr. Froley holds a BA from UCLA and an MBA from the Graduate School of Management at UCLA, now known as The Anderson School. Prior to the founding of Froley, Revy in 1975, he was an Analyst and Portfolio Manager with the $200 million Harbor Fund from 1969 to 1974, at which time it was the largest public portfolio solely dedicated to investments in convertible securities.
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 December 31, 2008, assets under management (AUM) were $20.7 billion.
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