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The investment seeks to provide long-term capital appreciation. The fund invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued and selling short U.S. equity securities of any size capitalization the Adviser believes are overvalued. The Adviser focuses on estimating a company's value independent of its current stock price. The fund also will sell securities short. Short sales are effected when it is believed that the price of a particular security will decline, and involves the sale of a security which the fund does not own in hopes of purchasing the same security at a later date at a lower price.
Name | Title | Since | Until |
---|---|---|---|
Nate Palmer | Portfolio Manager | 2018 | Now |
Biography | Nate serves as a portfolio manager for Diamond Hill and joined the firm in 2009. Prior to joining Diamond Hill, Nate was a tax consultant with Deloitte & Touche LLP from 2008 to 2009. Nate has a bachelor of science in accounting and finance from The Ohio State University (summa cum laude, with honors) and a master of accounting from The Ohio State University (with distinction). | ||
Chris Bingaman | Portfolio Manager | 2007 | Now |
Biography | Chris serves as a portfolio manager for Diamond Hill and joined the firm in 2001. Prior to joining Diamond Hill, Chris was a senior equity analyst for Nationwide Insurance and affiliates from 1997 to 2001. In 1997, he was an equity analyst for Dillon Capital Management, an investment advisory firm. From 1990 to 1997, Chris held various positions with Fifth Third Bank, First Chicago NBD, and NBD Bank. Chris has a bachelor of arts in finance from Hillsdale College (cum laude) and master of business administration from the University of Notre Dame. | ||
Chuck S. Bath | Managing Director | 2002 | 2024 |
Biography | Chuck serves as Assistant Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2002. Prior to joining Diamond Hill, Chuck was a Portfolio Manager and an Analyst with Nationwide Insurance and affiliates from 1982 to 2002, where he managed the Nationwide Fund. From 1979 to 1980, Chuck was an Internal Auditor at USAA. He also was an Auditor at Ernst & Whinney from 1977 to 1979. Chuck has a Bachelor of Science in Accounting from Miami University and a Master of Business Administration from The Ohio State University. | ||
Jason Downey | Portfolio Manager & Research Analyst | 2017 | 2020 |
Biography | Jason Downey is Co-Portfolio Manager of the Income Opportunities Strategy and the All Cap Concentrated Strategy as well as a Research Analyst. Prior to joining VELA, he served as Co-Portfolio Manager of the Long-Short Strategy at Diamond Hill Capital Management. Jason held various positions at Diamond Hill, including Research Analyst, Co-Director of Research, and Sector Leader of the Industrials, Materials, Energy and Transportation Team. Jason has industry experience since 2002. | ||
Ric H. Dillon | Founder, CEO, CIO | 2000 | 2018 |
Biography | Mr. Dillon is one of the founders of VELA Investment Management, LLC and has served as CEO, CIO & Co-Portfolio Manager of the firm since November 2019. Early in his career, Mr. Dillon was a Portfolio Manager at Loomis, Sayles & Company. In the 1990s, Mr. Dillon founded Dillon Capital Management, where he served as President and Chief Investment Officer until the company was acquired by Loomis, Sayles & Company, where he returned to work as a Portfolio Manager until 2000. In May 2000, Mr. Dillon founded Diamond Hill Capital Management, where he served as CEO and Portfolio Manager on their Small Cap and Long-Short Strategies. Mr. Dillon retired from Diamond Hill Capital Management in 2018. Mr. Dillon holds the Chartered Financial Analyst (CFA) designation. He received an MBA from the University of Dayton, as well as a M.A. in Finance and a B.S. in Business Administration from The Ohio State University. | ||
Tom Schindler | Portfolio Manager | 2000 | 2002 |
Biography | Tom served as a portfolio manager for Diamond Hill Capital Management, Inc. from 2000 to 2019. From 1999 to 2000, Tom was a portfolio manager for Loomis Sayles & Co., an investment advisory firm. From 1997 to 1999, Tom was an equity analyst for Nationwide Insurance and affiliates. From 1996 to 1997, Tom was an equity analyst for Dillon Capital Management, an investment advisory firm. Tom has a Bachelor of Science in Finance from The Ohio State University (summa cum laude). |
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