NEW YORK--(BUSINESS WIRE)--Mittleman Brothers, LLC, a holding company that owns Mittleman Investment Management, LLC, an SEC-registered investment advisor, is pleased to announce the appointment of Shannon Tyree Brown as Chief Operating Officer. Ms. Brown will also serve as Chief Compliance Officer, managing the Firm’s compliance policies and procedures.
“Having worked closely with Shannon for a good part of my career at J.P. Morgan, W.P. Stewart and HS Management Partners, I know firsthand the skill set she brings to us and that she will be a meaningful contributor to our business.”
Phil Mittleman, Managing Partner, who previously served as the Firm’s Chief Operating Officer and Chief Compliance Officer, will assume the new title of President.
Prior to joining Mittleman Brothers, Ms. Brown was Senior Vice President, Chief Administrative Officer at HS Management Partners, LLC, a $2 billion equity asset management firm where her responsibilities included budgeting, financial reporting, client service, business development, human resources, and interfacing with the firm’s external legal counsel. Before joining HS Management in 2008, Ms. Brown worked at Fortress Investment Group LLC, and had previously been Vice President of W.P. Stewart Asset Management (NA), Inc. Ms. Brown began her career in the Analyst Program at J.P. Morgan Investment Management in 2000. She holds a B.S. from Boston College and an M.B.A. from Columbia Business School and London Business School.
Commenting on the new addition to the Firm, Evan Newman, Partner & Director of Business Development, stated, “Having worked closely with Shannon for a good part of my career at J.P. Morgan, W.P. Stewart and HS Management Partners, I know firsthand the skill set she brings to us and that she will be a meaningful contributor to our business.”
Phil Mittleman commented, “We are thrilled to welcome Shannon to our team. She will be instrumental in continuing to ensure that we have the best processes, systems and controls in place as we continue to grow. Shannon’s hiring further illustrates our commitment to surrounding Chris Mittleman, our Chief Investment Officer, with top talent so that he continues to focus his time exclusively on research and portfolio management.”
Ms. Brown commented, “It is an honor to be joining such a high performing, dynamic team. I view this as a long-term opportunity to partner and evolve with a top caliber investment firm.”
About Mittleman Investment Management:
Mittleman Investment Management, LLC (a wholly owned subsidiary of Mittleman Brothers, LLC) is an SEC-registered investment advisor that provides discretionary portfolio management for high net worth individuals and institutions. The firm’s value oriented strategy is to invest in a concentrated portfolio of primarily common stocks, unrestricted as to market capitalization, of both domestic and international companies. The firm pursues superior returns through long-term investments in those securities it deems to be significantly undervalued. For more information on the firm and its services, please visit our website at www.mittlemanbrothers.com or contact Evan Newman at 516.686.6200.