FORT
LEE, N.J., April 29, 2024 /PRNewswire/ -- Palisade
Capital Management, LP is pleased to announce Chris Mashia, CFA has joined the firm as Senior
Vice President, Core Equity Strategies. Mr. Mashia will be a member
of Palisade's Core Equity team, which manages the firm's flagship
Small Cap Core Equity and Smid Cap Core Equity strategies. Mr.
Mashia will focus on the financial services sector and related
industries, working directly with Senior Portfolio Manager
Marc Shapiro and Associate Portfolio
Managers Dawn Brock and Garo Norian,
CFA.
Mr. Mashia brings over two decades of experience in equity
research to Palisade, and specialized expertise in the financial
services sector. He joins Palisade after an eight-year tenure at
Invesco, where he most recently served as a Sector Manager for
Invesco's Main Street team and led coverage for the financial
services, fintech, media, and communication services sectors across
market capitalizations ranging from small to large. Prior to
Invesco, Mr. Mashia was a US Sector Head for Financial Services at
Calamos Investments, having begun his career at JP Morgan and Artio
Global Investors. Mr. Mashia is a Chartered Financial Analyst and a
graduate of Boston College.
"We are thrilled to welcome Chris to the firm," said
Alison Berman, Managing Partner,
President and Chief Executive Officer. "He is a highly motivated
team player and brings the specialized expertise we believe will
immediately add value to our small- and smid-cap client
portfolios."
Senior Portfolio Manager Marc
Shapiro expressed his enthusiasm about Mr. Mashia joining
the Core Equity team, stating, "While the current team has worked
together for over ten years, I believe Chris will seamlessly
integrate into the firm and his experience is an ideal complement
to our team's existing skill set." Furthermore, Dennison (Dan) Veru, Senior Partner and Chief
Investment Officer, emphasized the timing of Mr. Mashia's arrival,
noting, "We believe we could be close to a positive, multi-year
inflection point for small cap stocks, and Chris will play a
critical role identifying profitable, reasonably priced small cap
stocks with strong balance sheets that have the potential to
outperform."
Mr. Mashia joins Palisade after the untimely passing of Partner
and Core Equity team member Kyle
Kavanaugh in November
2023.
For media inquiries, please contact:
Dennison T. Veru, Chief
Investment Officer
(201) 585-5445
media@palcap.com
About Palisade Capital Management
Palisade Capital Management, LP is an independent, woman managed
and majority-owned investment management firm with approximately
$4 billion of assets under management
headquartered in Fort Lee, New
Jersey. Founded in 1995, Palisade has built its business
around developing and managing specialized investment strategies
for individuals, families, corporations, pension plans, and other
institutions. The firm has dedicated investment teams that actively
manage Small Cap Core Equity, Smid Cap Core Equity, Focused Equity,
and a variety of Convertible Securities portfolios, as well as a
robust private wealth management and financial planning offering
for individuals and families.
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SOURCE Palisade Capital Management