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Herndon Capital Management, LLC (“HCM”) today announced the additions of Walter Lindsay, Senior Vice President of Marketing & Client Services and Jason Recio, CFA, Senior Investment Analyst.
Mr. Lindsay brings almost 30 years of marketing experience in the Investment Management industry. He has a proven track record of successfully building solid, longterm relationships with institutional investors. In his role, Mr. Lindsay will be responsible for broadening HCM’s presence in the institutional marketplace.
Mr. Recio brings more than a decade of equity research experience to HCM. He has completed fundamental research on both U.S. and international companies across multiple market capitalization segments and sectors. Jason will be responsible for conducting research on stocks in the Consumer Discretionary and Information Technology sectors.
“Walter will be an excellent ambassador for our firm. His industry expertise affords him the ability to effectively educate our prospective client base about HCM investment offerings while his depth of experience provides HCM with a tremendous rolodex. We are confident that Walter’s addition will help to ensure that our firm is on the radar screens of an increased number of prospective clients which spans across the country,” said Arlene Pine, HCM’s Director of Marketing & Client Services.
Drake Craig one of HCM’s principals said, “HCM will do well leveraging Jason’s experience analyzing both domestic and international equities. Jason’s training at prominent investment shops, INVESCO and Atlanta Capital, position him favorably for a successful career at HCM. Jason’s extensive experience and pedigree add to the quality of our firm’s overall investment effort and he represents a great addition to our team. We expect that Jason will become value-added in short order and are very excited about him coming on board.”
Walter L. Lindsay, Jr.
Senior Vice President, Marketing & Client Service
Walter brings almost 30 years of experience in the Investment Management Industry. Prior to joining HCM, Walter was at Madison Square Investors where he served as Director of Institutional Sales. In this role, he was head of Public Funds Sales covering all regions. Prior to Madison Square, Walter was SVP at Hartford Investment Management Company where he was responsible for coverage of Public, Corporate Endowments and Foundations. Before joining Hartford, Walter was Managing Director of Public Funds for Trusco Capital Management. He managed a Sales and Client Service team that focused on Public Pension Funds. Prior to Trusco, Walter spent 17 years at Fidelity Investments as a SVP managing existing Public Fund Clients and worked closely with the Investment team to develop Institutional Products.
Walter earned his Bachelor of Science in Business Administration from Northeastern University. He has the FINRA registrations: Series 7, 52, 53 and 63.
Jason M. Recio, CFA
Senior Investment Analyst
Jason brings more than a decade of equity experience to Herndon Capital Management, LLC. Jason has covered both U.S. and international companies in multiple sectors, including Consumer Discretionary, Consumer Staples and Materials. Jason has honed his professional experience at a couple of area firms, including Invesco and Atlanta Capital, where he analyzed companies across the market cap spectrum in both the Growth and Value styles.
Jason completed an undergraduate degree in Accounting and Finance at Emory University, graduating with High Distinction. He earned the CFA designation in 2003 and is a member of the CFA Institute, Atlanta Society of Financial Analysts and Georgia Securities Association.
About Herndon Capital Management, LLC (HCM):
Founded and registered with the SEC in 2001, HCM is an institutional money management firm specializing in U.S. and international large- and mid-cap equity strategies. HCM is a part-owned by the Atlanta Life Financial Group, a financial services company in Atlanta, GA for the past 106 years. At the end of SEP 2011 HCM had approximately 170 client relationships and over $4 billion of assets under management.
For more information, please visit us at www.herndoncapital.com or contact Arlene Pine, CFA, Director of Marketing and Client Services via phone at (404) 232-8832 or via email at moc.pacnodnreh@enipa.