CHICAGO – September 29, 2015: Oak Ridge Investments, LLC, a long-standing investment advisory firm, today announced that Mark D. Goodwin has been appointed Chief Operating Officer, effective immediately. Based in the Firm’s Chicago headquarters, Mr. Goodwin also serves on Oak Ridge’s Executive Committee.
“As we are again 100% employee owned, Mark will advance our timeline to effect a broader number of investment strategies while maintaining a consistent business focus on our clients and current investment capabilities,” said Founder, CEO and CIO, David M. Klaskin. “Mark’s appointment is a reflection of Oak Ridge’s commitment to providing superior, long-term, risk-adjusted investment performance as well as achieving AUM growth initiatives for 2015 and beyond.”
During his career, Mark has served in leadership roles at Ernst & Young, Putnam Investments and most recently at Pioneer Investment Management, where he held successive roles as CFO & COO. Pioneer Investment Management was formerly a 49% equity owner of Oak Ridge Investments.
Mark holds a BS degree from Merrimack College and an MBA from Bentley University. He is also a Certified Public Accountant.
“Mark brings over 25 years of direct leadership and management experience in the investment management industry that complements our executive team,” said Neil A. Cummins, Chairman of Oak Ridge Investments. “As we continue to implement our business plan to materially increase the AUM of our existing mutual funds and separately managed accounts as well as expand the selection of investment strategies offered to clients, Mark will provide additional leadership and product skills in executing and achieving these objectives.”
In 2014, Oak Ridge Investments celebrated its 25th anniversary year, which also represented 25 years of investment advisory services without lead portfolio manager turnover, a nearly unique industry position in U.S. fund management. 2014 also saw the Firm repurchase a 49% ownership stake from Pioneer as well as re-acquire advisory assignments for their two principal mutual funds accompanied by virtually no erosion in client AUM on transition.
ABOUT OAK RIDGE INVESTMENTS:
Oak Ridge Investments is an investment management firm located in Chicago and New York. Founded in 1989, Oak Ridge is focused on providing select, actively managed equity strategies to its broad range of clients. The firm currently manages in excess of $4 billion.
Philip J. Callahan, 312-857-7034