Equity Fund Management

Together, Calvert and its portfolio managers research, analyze and select investments for inclusion in Calvert's investment options.

Calvert Investment Management, Inc.

As investment advisor to the Calvert family of funds, Calvert Investment Management, Inc. oversees more than $13 billion in assets covering a broad range of equity, fixed-income, balanced, and asset allocation funds. Calvert Investment Management, Inc.'s Equities Department is responsible for evaluating and supervising the firm's equity sub-advisors—premier firms that have been carefully chosen for their expertise in their areas of specialization. Calvert Investment Management, Inc.'s Equities Department also oversees all of Calvert's equity and asset allocation funds.

Yvonne BishopYvonne Bishop assists in the management of several of Calvert's equity portfolios. Prior to joining Calvert she was an assistant portfolio manager for Summit Investment Advisors, Inc. (previously Summit Investment Partners). Ms. Bishop has worked in the investment industry since 1990, and has an M.B.A. from Xavier University and a B.A. in mathematics from the University of Cincinnati.

 

Joshua LinderJoshua Linder joined Calvert in 2011 as an equity analyst with a primary focus on quantitative research and analysis to support Calvert's internally-managed equity strategies. He also works on fundamental security analysis and is a member of Calvert's Asset Allocation Committee. Prior to joining Calvert he spent two years as a finance and operations associate at the D.E. Shaw Group. He graduated from Cornell University with a B.S. in industrial and labor relations and received a M.P.P. from American University with a concentration in advanced quantitative research methods.

 

James McGlynnJames R. McGlynn, CFA (BBA Finance) manages several of Calvert's equity portfolios. Prior to joining Calvert, he was the lead portfolio manager for Summit Everest Fund since its inception in 1999. He has 30 years of experience in large-cap value equity analysis and fund management, including nine years at Summit Investment Advisors, Inc. and eight years at Tom Johnson Investment Management.

 

Matthew MooreMatthew Moore is part of the Equities Department team that manages Calvert Investment Management's relationship with sub-advisors, and has been in this role since 2006. He is the primary trader for Calvert's internal equity portfolios department and also works on fundamental company research with a focus on industrials. Mr. Moore has worked in the industry since 2004 and holds a B.A. from Pomona College in religious studies.

 

 

Natalie Trunow is senior vice president and chief investment officer of equities and is responsible for leading, managing, proactively evaluating and monitoring the investment performance and risk/reward characteristics of Calvert's sub-advised equity, balanced, and asset allocation products. She also leads the firm in in-house equity management, new product development and implementation. Ms. Trunow has more than 20 years of experience in global financial markets. Prior to joining Calvert in 2008, Ms. Trunow was a section head and a portfolio manager in the global markets group at General Motors Asset Management in New York where she developed and managed successful in-house investment strategies in global alternatives and domestic small cap as well as alpha-generating, style-balanced funds of funds of institutional money managers. Earlier in her career, Ms. Trunow consulted with the New York law firm of Owen & Davis and Price Waterhouse in New York. Natalie graduated cum laude with a B.S. in Economics from NYU and holds an MBA in Finance from NYU Stern School of Business.

Advisory Research, Inc.

ARI was founded in 1974 and is based in Chicago. The firm manages primarily domestic and international equity portfolios. ARI is a wholly owned subsidiary of Piper Jaffray & Co. but operates independently.

Jonathan P. Brodsky serves as a managing director of the firm. Prior to joining ARI, he served a non-political appointment in the United States Securities and Exchange Commission's Office of International Affairs. Jonathan began his career in finance as an investment banker for J.P. Morgan Securities, Inc. Jonathan holds a B.A. in political science and an M.A. in international relations from Syracuse University and an M.B.A. and J.D. from Northwestern University. Jonathan is proficient in Spanish and Mandarin Chinese.

Drew Edwards serves as a vice president of the firm. Prior to joining ARI, he was an investment professional at Taiyo Pacific Partners, an activist fund backed by CalPERS and W. L. Ross that focuses on Japanese equities. Previous to Taiyo, he worked as an investment banker at Lehman Brothers and as a finance executive in the healthcare industry. Drew holds a B.A. in international business from Sophia University (Tokyo) and an M.B.A. and J.D. from Northwestern University. Drew is proficient in Japanese.

Marco P. Priani (CFA, CPA, FRM) serves as a vice president of the firm. Prior to joining ARI, he worked for more than ten years as a partner in the corporate bankruptcy firm of Priani, Claps & Caamaño in Buenos Aires, Argentina. He also worked as a risk manager intern for Deutsche Postbank in Bonn, Germany. Marco holds a J.D. from the Universidad de Buenos Aires, an M.A. in law and finance from the Universidad del CEMA, an M.B.A. in analytic finance and accounting from the University of Chicago, and an LLM from the Northwestern University School of Law. Marco is fluent in Spanish and proficient in Italian, German, French and Portuguese.

Atlanta Capital Management Company, LLC

Atlanta Capital Management applies a High-Quality-Growth-Plus process to large-cap investing. Established in 1969, Atlanta Capital combines top-down macroeconomic analysis with bottom-up fundamental analysis to identify high-quality growth companies with a long-term record of superior earnings. Atlanta Capital examines long-term economic, demographic, and political trends to identify high-quality companies in growth-oriented areas. Top-down research into sectors benefiting from heightened demand, improved pricing power or higher productivity is complemented by bottom-up, company-specific research.

Richard B. England (BS, MBA, CFA) has 20 years of equity analysis and fund management experience. After previously working for Aetna Equity Investors, he was a portfolio manager at Putnam Investments in Boston before moving to Atlanta Capital in 2004. He has an MBA from the University of Pennsylvania's Wharton School of Business and a BS in business administration from the University of Florida.

 

Paul Marshall, Atlanta CapitalPaul Marshall (BS, CFA) assists in the management of the portfolio and has more than 15 years of investment industry experience. He is a vice president and principal of Atlanta Capital and the firm's director of research. Mr. Marshall holds a BS in economics from Vanderbilt University and an MBA from the University of Notre Dame.

 

Ameritas Investment Partners, Inc.

Ameritas Investment Partners, Inc. (AIP), an Ameritas company, managed more than $12 billion in assets as of December 31, 2012 across a broad range of asset classes including fixed income, equities, commercial mortgages, real estate, index strategies, risk management (derivatives) and private equity. AIP's clients include insurance companies, mutual funds, institutional separate accounts and wrap accounts.

Kevin KeeneKevin L. Keene (CFA) Kevin Keene is an assistant portfolio manager for the Calvert Volatility Managed Portfolios. Prior to joining AIP he was a director of administration for FTJ FundChoice, a pension administrator/financial planning associate with S.G. Donahue & Co. and a registered representative with Prudential Insurance Company of America. Mr. Keene holds his Bachelor of Business Administration in finance from the University of Toledo and is a CFA Charterholder.

Gary RodmakerGary R. Rodmaker (CFA)is a portfolio manager for the Calvert Volatility Managed Portfolios and is a managing director of institutional accounts, high yield, structured securities and index and derivatives products for AIP. Mr. Rodmaker joined AIP in 1989. Prior to that, he was a financial analyst at Ohio Casualty Insurance Company. Mr. Rodmaker holds his B.S. in finance from Xavier University and is a CFA Charterholder and a Fellow of LOMA's Life Management Institute.

 

Hermes Investment Management Limited

Based in London, Hermes Investment Management Limited seeks to add value through an investment process that integrates top-down and bottom-up analysis, looking for quality companies trading at attractive valuations, in countries with conditions that are supportive of growth.

Gary Greenberg (CFA) has more than 27 years of experience in global, international and emerging markets investing. Mr. Greenberg came to Hermes Fund Managers in 2010 after co-founding and managing two London-based hedge funds.

 

 

Elena Tedesco (CFA) has over 12 years of experience in international markets as an analyst and portfolio manager. She holds a degree in economics and business administration, and a master's in European economic affairs from the College of Europe.

 

Kleinwort Benson Investors International Ltd (formerly KBC)

Kleinwort Benson Investors International Ltd is a leading Dublin-based SRI firm whose principals have expertise in the fast-growing, nascent alternative energy sector, a long history of socially responsible investing, and a strong reputation in multi-cap global investing. Kleinwort Benson Investors International Ltd has one of the longest track records of any manager in alternative energy assets. The firm uses a combination of quantitative and fundamental investment processes to evaluate potential investments. Top-down views on industries, sectors, or regions act as risk controls, while a fair-value target model may be used to help determine the purchase or sale of a stock.

Treasa Ni Chonghaile is a portfolio manager for the Calvert Global Alternative Energy Fund. She joined KBI in 1999. Ms. Ni Chonghaile earned a Bachelor of Science degree in finance, computing, and enterprise from Dublin City University in Ireland. She also holds the Investment Management Certificate from the U.K. Society of Investment Professionals.

 

Colm O'Connor joined the environmental strategies team at KBI in 2006 following a year as portfolio manager on the alternative investments team. Prior to that, he worked as a portfolio assistant in the institutional business support unit and as a performance and risk analyst in the performance measurement & risk analysis unit. Mr. O'Connor graduated from University College Dublin with a commerce degree and continued on to complete a master's degree in E-commerce.

Catherine Ryan is a portfolio manager of Calvert Global Water Fund and a member of the environmental strategies portfolio management team at KBI. Ms. Ryan joined the team in 2008, moving from managing KBI's Irish equity portfolios. She previously worked at Seneca Capital Management in San Francisco and Pilot View Capital in Ireland. Ms. Ryan holds a bachelor's degree in international business from Dublin City University.

Matthew SheldonMatthew Sheldon (CFA) joined the environmental strategies team at Kleinwort Benson Investors International, Ltd. as a portfolio manager in April 2011. He has extensive specialist knowledge and experience in investing in the water sector, including both global public equities and private equity. Prior to joining the firm, Mr. Sheldon worked at Water Asset Management, where he was an investment analyst, and at Wedge Capital Management, where he was an equity analyst. Mr. Sheldon graduated summa cum laude from Tufts University with a BS in chemical engineering. He holds an MBA in finance from Columbia Business School.

Martin Currie Investment Management, Ltd.

David Sheasby is lead portfolio manager for the Calvert International Equity Fund. He joined Martin Currie in 2004 as a director in the global team. As part of Martin Currie's team-based approach, Mr. Sheasby also supports the group's other international strategies. Before coming to Martin Currie, Mr. Sheasby was with Aegon Asset Management (formerly Scottish Equitable) for 18 years where he was a senior portfolio manager for global equities. Mr. Sheasby has 23 years of investment experience.

Christine Montgomery is a portfolio manager for the Calvert International Equity Fund. Before joining Martin Currie, she was an investment partner at Edinburgh Partners and a global equities fund manager at Franklin Templeton Investments. Ms. Montgomery started her career at Aegon Asset Management and served in various roles during her 12 years there, including head of equities and deputy CIO. She has 20 years of experience in global equity markets.

Milliman Financial Risk Management LLC

Milliman Financial Risk Management LLC (MFRM) is a global leader in risk management and hedging support services. MFRM is a subsidiary of Milliman, Inc.—one of the world's largest independent actuarial and consulting firms. Milliman assists clients in hedging over US $500 billion in daily account value.

Blake GravesBlake Graves (FRM*) Blake Graves is a member of the MFRM team responsible for implementing the Milliman volatility management overlay strategy for the Portfolios. Mr. Graves holds his BBA in finance from Western Michigan University and his MBA in finance from the Kellstadt Graduate School of Business at DePaul University.

 

Adam SchenckAdam Schenck (CFA, FRM*) leads MFRM's Practice portfolio management team responsible for implementing the Milliman volatility management overlay strategy for the Portfolios. Mr. Schenck holds his BS in mathematics/computer science from Eckerd College and his MS in financial mathematics from the University of Chicago.

*FRM = Certified Financial Risk Manager

New Amsterdam Partners LLC

Founded in 1986 and 100 percent employee-owned, New Amsterdam Partners applies a growth-at a-reasonable price investment strategy and a proprietary, dynamic valuation model. The manager combines rigorous quantitative and fundamental analyses in a highly transparent and disciplined investment process that seeks to capitalize on security mispricings in the market. Initial eligibility screens include completeness of accounting data, trading liquidity, and expected return analysis.

Michelle ClaymanMichelle Clayman (BA/MA, MBA, CFA) is the founder, managing partner and chief investment officer of New Amsterdam. She holds a BA/MA from Oxford University and an MBA from Stanford University.

 

Nathaniel PaullNathaniel Paull (CFA), partner and senior portfolio manager, received a BS in business administration magna cum laude from the University of Hartford in 1984 and an MBA from New York University in 1988. From 1987 to 1995, he worked as an equity portfolio manager and derivative securities analyst at Brown Brothers Harriman & Co. From 1984 to 1986, he worked as a financial analyst for United Technologies Corporation. Mr. Paull has been a conference speaker and has been quoted in a variety of publications. Mr. Paull is a CFA Charterholder and a member of the CFA Institute.

Profit Investment Management

Profit Investment Management was founded in 1996 and is based in the Washington, D.C. metropolitan area. The firm manages primarily large-cap, U.S. equity portfolios and serves a diverse range of institutional and retail clients. Profit Investment Management pursues a valuation-sensitive, growth investing approach to identify stocks with rapid earnings expansion that may be mispriced relative to their fundamentals.

Eugene Profit is the founder, chief executive officer, and chief investment officer of Profit Investment Management (PIM). Mr. Profit is an equity portfolio manager for Calvert Balanced Portfolio and has more than 18 years of experience in asset management. A former National Football League player, Mr. Profit holds a BA in economics from Yale University.

 

 

Thornburg Investment Management

Bill Fries (CFA) is currently responsible for Thornburg international equity strategy and the Thornburg domestic equity strategy. Mr. Fries joined Thornburg in 1995 as managing director and founding portfolio manager of the Thornburg Value Fund and subsequent domestic equity strategy. In 1998, he also founded the Thornburg International Value Fund and subsequent international equity strategy. Furthermore, he developed the three bucket approach, which has been used in these strategies at Thornburg since inception. His responsibilities include portfolio management and analysis of companies as well as evaluation of existing positions and overall equity strategy performance. Mr. Fries began his career as a securities analyst and bank investment officer. His investment management experience includes an extended tenure as vice president of equities at USAA Investment Management Company. Mr. Fries has 39 years of investment experience.

Rolf Kelley (CFA) manages Thornburg's international SRI portfolios. His responsibilities include portfolio management and he is also responsible for evaluating existing positions and overall portfolio performance. Mr. Kelley joined Thornburg in 2007 as an equity research analyst and was named an associate portfolio manager in 2011 and a managing director in 2012. Mr. Kelley earned his MBA from Duke University and his BA in geological engineering from the Colorado School of Mines.

Wendy Trevisani manages the Thornburg International Equity and ADR Strategies. Her responsibilities include portfolio management and analysis of companies as well as evaluation of existing positions and overall equity fund performance. Ms. Trevisani joined Thornburg as an associate portfolio manager in 1999, and was named managing director in 2003. She was promoted to co-portfolio manager in 2006. Prior to joining Thornburg, Ms. Trevisani began her investment career as an institutional sales and trading representative for Salomon Smith Barney in both New York City and London. Ms. Trevisani received an MBA with a concentration in finance from Columbia University and graduated cum laude with a BA degree in international relations from Bucknell University. While at Columbia, Ms. Trevisani interned with Bill Fries at Thornburg. Ms. Trevisani has 13 years of investment experience.

Lei "Rocky" Wang (CFA) manages the Thornburg international equity strategy. His primary responsibilities at Thornburg include portfolio management and analyzing companies. He is also responsible for evaluating existing positions and overall portfolio performance. Mr. Wang joined Thornburg in 2004 as an associate portfolio manager and in 2006 was promoted to co-portfolio manager for the international equity strategy and was also elected managing director. Prior to joining Thornburg, Mr. Wang served as an associate for Deutsche Bank as well as Enso Capital Management. He has also worked as a bank supervision manager at China's central bank. Mr. Wang holds a BA and an MA from East China Normal University and an MBA from New York University. While at NYU, Mr. Wang interned with Bill Fries at Thornburg. Mr. Wang has 9 years of investment experience.

Trilogy Global Advisors, LP

Founded in 1999, Trilogy is based in New York City. Trilogy manages global, international, and emerging-markets equities and is an affiliate of Affiliated Managers Group, Inc.

Greg Gigliotti is responsible for the day-to-day portfolio management of Trilogy's client portfolios. Greg joined Trilogy from Iridian Asset Management, where he was a managing director. Previously, Greg was a vice president and senior portfolio manager at Goldman Sachs Asset Management, where he co-managed a $7 billion series of mutual funds and institutional accounts. Greg also worked at Franklin Mutual Advisors (formerly the Mutual Series Funds) as a vice president and senior analyst and was a member of the investment team led by Michael Price. He has a B.A. in economics and international relations from Connecticut College.

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