RONDURE GLOBAL ADVISORS, LLC
Contacts:
Laura Geritz
CEO, Rondure Global Advisors
801.736.8550
[email protected]
Eric Huefner
President, Grandeur Peak Global Advisors
801.384.0003
[email protected]
Laura Geritz & Grandeur Peak Global Advisors
Join Forces to Create New Investment Firm
Former Wasatch PM will lead Rondure Global Advisors
Salt Lake City, Utah (November 10, 2016) – Former Wasatch Advisors partner and
portfolio manager Laura Geritz (CFA, MA) and Salt Lake City based Grandeur Peak
Global Advisors together announced that they have formed a new investment firm. Ms.
Geritz will lead the new firm, Rondure Global Advisors,SM which will focus on high
quality “Core” equity investing with a long-term view. Rondure’s initial strategies will
include a Developing Countries portfolio and an International portfolio. The new firm
intends to manage separately managed accounts and to launch a series of mutual funds in
2017.
Ms. Geritz is a former lead portfolio manager of the Wasatch Emerging Markets Small
Cap Fund, the Wasatch International Opportunities Fund, and a founding PM of the
Wasatch Frontier Emerging Small Countries Fund. She left Wasatch Advisors in July of
this year to explore new paths. Ms. Geritz will be the CEO and majority owner of
Rondure Global Advisors. Ms. Geritz will have her own research and client team, while
Grandeur Peak will provide back-office and trading support. Rondure and Grandeur
Peak will office together in Salt Lake City and collaboratively leverage the knowledge
and skill of the two research teams.
Ms. Geritz believes the best investments are found within a global context, so Rondure
Global will scour the world in search of the most interesting investments. The firm’s
investment philosophy is centered around very high quality companies that it believes can
provide sustainable returns. It will seek to invest in great companies at good prices and
good companies at great prices.
Ms. Geritz described the opportunity to join forces with Grandeur Peak this way: “This is
an ideal scenario for me. I’m thrilled to be leading the new firm while being able to work
with Robert Gardiner, Blake Walker, and the Grandeur Peak team. Tapping into
Grandeur Peak’s expertise in setting up a firm will allow me to focus on research,
building my team, and managing the portfolios.”
Of the partnership, Robert Gardiner, CEO of Grandeur Peak, added “Laura is an
exceptional bottom-up investor whom we have known for over a decade and who shares
many of our investment philosophies. We’re thrilled to have the chance to sit side-byside with her, travel together, and tap into Laura’s wisdom and experience.”
The name Rondure comes from a French word meaning round or spherical. It ties nicely
with the global focus of the new firm and has special meaning for Ms. Geritz whose
father was a literature professor. Rondure is a unique word used in the writings of such
classic writers as William Shakespeare and Walt Whitman.
For more information, please contact Laura Geritz or Eric Huefner.
About Rondure Global AdvisorsSM
Rondure Global Advisor takes a bottom-up approach to equity investing using disciplined
global screening, rigorous company due diligence, and close attention to valuation to find
what we believe to be the best investment opportunities around the world. Our investment
philosophy is centered around very high quality companies that we believe can provide
sustainable returns. Rondure Global Advisor, LLC is a woman-owned investment
adviser headquartered in Salt Lake City, Utah.
About Grandeur Peak Global Advisors
Grandeur Peak Global Advisors is comprised of a highly seasoned and collaborative
research team taking a bottom-up approach to investing using disciplined global
screening, rigorous company due diligence, and close attention to valuation to find what
we believe to be the best investment opportunities around the world. Our bias is towards
micro to mid-cap companies because we believe we can find faster growth among these
firms, and often at better valuations due to the lack of analyst coverage. Grandeur Peak
Global Advisors, LLC is an employee-owned investment adviser headquartered in Salt
Lake City, Utah and registered with the Securities and Exchange Commission under the
Investment Advisers Act of 1940.
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Wasatch Advisors and the Wasatch Funds are not affiliated with Grandeur Peak Global
Advisors or Rondure Global Advisors. An investor should consider investment
objectives, risks, charges and expenses carefully before investing. Past performance is no
guarantee of future results.
CFA® is a trademark owned by CFA Institute. The Chartered Financial Analyst (CFA) designation is
issued by the CFA Institute. Candidates must meet one of the following prerequisites: undergraduate
degree and 4 years of professional experience involving investment decision-making, or 4 years qualified
work experience (full time, but not necessarily investment related). Candidates are then required to
undertake extensive self-study programs (250 hours of study for each of the 3 levels) and pass examinations
for all 3 levels.