• Mesirow Equity Management awarded five new mandates
• Appointments span small cap value and small-mid cap value
• Wins reflect strong performance and differentiated strategies that combine bottom-up, fundamental analysis with top-down, thematic considerations

CHICAGO, April 25, 2023 – Mesirow Equity Management (MEM), an institutional asset manager focused exclusively on investing in small cap and small-mid cap equities, has been awarded five new mandates since year-end.

Reflecting investors’ desire for capital appreciation and protection of capital in down markets, these new clients have awarded approximately $180 million, in the aggregate, across Mesirow’s small cap value and small-mid cap equity portfolios.

“We are pleased to welcome these new clients and look forward to helping them achieve their investment goals in this uncertain economic environment,” said Kathryn Vorisek, Head of Mesirow Equity Management and Portfolio Manager. “Our focus remains on selecting investment opportunities with attractive valuations and identifiable catalysts that we believe will drive accelerating earnings and cash flow growth.”  

In an environment marked by stubborn inflation, interest rate increases and choppy markets, each of the four institutional strategies managed by MEM is outperforming its relative benchmark year-to-date and on a one-, three-, five- and ten-year basis or since inception.

“Our differentiated process incorporates macroeconomic analysis as well as top-down, thematic considerations such as monetary and fiscal policy, geopolitical influences and fiscal regulatory issues,” said Leo Harmon, MEM Chief Investment Officer and Portfolio Manager. “We believe these characteristics distinguish us from most other small cap equity investors and enable thoughtful decisions that have delivered long-term success for our clients.”

To read more about what differentiates Mesirow Equity Management, visit  "Diverse Portfolio: A Conversation with Kathryn Vorisek and Leo Harmon."

About Mesirow Equity Management
Mesirow Equity Management (MEM) is an institutional asset manager focused exclusively on investing in small cap and small-mid cap value and core equities. For more information, please visit mesirow.com/equity.

About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with locations around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets and Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities, and our culture. To learn more, visit https://www.mesirow.com/ and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s.

The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2023. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC. Investment strategies referenced are for institutional use only. Strategies for individual investors are also available.
Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries, and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. ©2023. All rights reserved. Mesirow Equity Management (“MEM”) is a division of Mesirow Institutional Investment Management, Inc., (“MIIM”) an SEC-registered investment manager. Effective April 1, 2016, Mesirow acquired Fiduciary Management Associates, LLC (“FMA”) which is now an integral part of MEM. This communication is for institutional use only and may contain privileged and/or confidential information. It is intended solely for the use of the addressee. If this information was received in error, you are strictly prohibited from disclosing, copying, distributing, or using any of this information and are requested to contact the sender immediately and destroy the material in its entirety, whether electronic or hardcopy. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle. The information contained herein has been obtained from sources believed to be reliable but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. It should not be assumed that any recommendations incorporated herein will be profitable or will equal past performance. Model, theoretical, or hypothetical performance information and results do not reflect actual trading or asset, or fund advisory management and the results may not reflect the impact that material economic and market factors may have had, and can reflect the benefit of hindsight, on MEM’s decision-making if MEM were managing client’s money. Any chart, graph, or formula should not be used by itself to make any trading or investment decision. Mesirow Financial Investment Management, Inc., and its affiliated companies and/or individuals may, from time to time, own, have long or short positions in, or options on, or act as a market maker in, any securities discussed herein and may also perform financial advisory or investment banking services for those companies. Mesirow does not provide tax or legal advice. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

2022 Crain’s Best Places to Work (Received August 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking). Best Companies Group (BCG), an independent workplace excellence research firm, conducted a two-part survey. Part one, consisted of an employer questionnaire, used to collect information about benefits, policies, practices, and other general information. Part two was a confidential 77-question employee survey used to evaluate local employee’s workplace experience and culture. Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm’s future performance nor do they evaluate the quality of services provided to clients or guarantee that he/she will experience a certain level of results if Mesirow is engaged, or continues to be engaged, to provide investment advisory services, nor should they be construed as a current or past endorsement of Mesirow by any of its clients.

2022 Barron’s Top RIAs (Received September 2022 for the year 2021 – Licensing fees paid post award for use of the ranking). In order to be considered for the Barron’s 2022 Top RIA Firms list, applicants were required to complete a 145-question survey, with the firm’s ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning. Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm’s future performance nor do they evaluate the quality of services provided to clients or guarantee that he/she will experience a certain level of results if Mesirow is engaged, or continues to be engaged, to provide investment advisory services, nor should they be construed as a current or past endorsement of Mesirow by any of its clients.