Channing Capital Management: AUM, Strategies, and Fee Structures
Basic Company Overview
Channing Capital Management, LLC is a boutique investment management firm headquartered in Chicago, Illinois. Founded in 2003, the firm has established itself as a premier provider of Intrinsic Value Investing strategies, primarily serving the Institutional Asset Management marketplace. As an employee-owned firm, Channing Capital Management prides itself on a high-touch, client-centric service model that aligns the interests of its portfolio managers with those of its investors.
The firm operates with a singular focus on discovering unrecognized value in the US equity markets. Unlike passive managers or index-huggers, Channing Capital Management employs a rigorous, active management style. They are defined by their Fundamental Bottom-up Research, a methodology that eschews broad macro-economic guessing in favor of deep, company-specific analysis. This dedication to granular research allows them to identify High-Quality Franchises that are temporarily trading at a discount to their true worth.
Core to their identity is their status as a minority-owned firm, co-founded by industry veterans Rodney B. Herenton and Wendell E. Mackey. Their diverse perspective and independent thinking foster a Contrarian Investment Approach—a willingness to buy when others are selling and to hold steady when the market is volatile. This approach is designed to generate alpha (returns above the benchmark) over full market cycles, protecting client capital through a disciplined adherence to the Margin of Safety principle.
While Channing Capital Management is best known for its flagship Small-Cap Value Strategy, the firm has successfully expanded its capabilities over the last two decades. Today, they offer a suite of value-oriented products, including SMID-Cap Value Equity, Large-Cap Value, All-Cap Value, and the recently launched Micro-Cap Value Equity strategy. By maintaining a relatively small team of approximately 19 professionals, Channing Capital Management ensures that its investment culture remains agile, collaborative, and intensely focused on the application of Intrinsic Value Investing.
Company History & Milestones
The history of Channing Capital Management is a testament to the power of entrepreneurial vision and disciplined investment execution. The firm was founded in 2003 by Rodney B. Herenton and Wendell E. Mackey, along with Eric T. McKissack (who has since retired). The founders, having enjoyed successful careers at major financial institutions like Morgan Keegan and Ariel Investments, sought to build a boutique firm where they could apply their specific vision of Intrinsic Value Investing without the bureaucratic constraints of a massive wirehouse.
2003 (Founding): Channing Capital Management launches in Chicago. The firm was seeded with approximately $70 million in assets from Regions Morgan Keegan, a vote of confidence that provided the initial runway for their Small-Cap Value Strategy.
2006 (Flagship Strategy Launch): The firm formally launched its Small-Cap Value Strategy to external institutional investors. This strategy would go on to become the cornerstone of the firm’s reputation, demonstrating the efficacy of their Fundamental Bottom-up Research in the inefficient small-cap market.
2010 (Expansion to Large-Cap): Recognizing that their Intrinsic Value Investing process was applicable across the market capitalization spectrum, Channing Capital Management introduced its Large-Cap Value strategy.
2011 (SMID and All-Cap): To bridge the gap between their small-cap expertise and larger distinct mandates, the firm launched the SMID-Cap Value Equity strategy and the All-Cap Value strategy. The SMID-Cap Value Equity strategy quickly gained traction among consultants and plan sponsors looking for the “sweet spot” of growth potential and stability.
2017 (Affiliate Launch): The firm expanded its reach by partnering to launch Channing Global Advisors, extending their Intrinsic Value Investing philosophy to international and emerging markets.
2021 (Micro-Cap Launch): In a move to capture alpha in the least efficient corner of the market, Channing Capital Management launched its Micro-Cap Value Equity strategy on December 31, 2021.
2023-2024 (AUM Growth): By maintaining a steady hand through the volatile post-pandemic markets, Channing Capital Management solidified its asset base, reporting discretionary Assets Under Management (AUM) of approximately $3.9 billion to $4.0 billion by early 2025.
Throughout these milestones, Channing Capital Management has remained steadfast in its commitment to Institutional Asset Management, serving public pension funds, endowments, foundations, and corporations.
Investment Philosophy
The investment philosophy at Channing Capital Management is anchored in a single, unwavering concept: Intrinsic Value Investing. The firm operates on the conviction that stock prices in the short term are driven by sentiment, noise, and emotional overreaction, often diverging significantly from the true economic value of the underlying business. However, in the long run, stock prices tend to converge with their intrinsic value.
Intrinsic Value Investing at Channing Capital Management is not about buying “cheap” stocks that are statistically inexpensive but fundamentally broken (often called “value traps”). Instead, it is about identifying High-Quality Franchises—companies with strong balance sheets, defensible market positions, and capable management teams—that are temporarily out of favor.
The Contrarian Investment Approach
A key pillar of their philosophy is a Contrarian Investment Approach. Channing Capital Management portfolio managers often look where others are not. They seek opportunities in sectors or industries that may be facing temporary headwinds, regulatory clouds, or cyclical downturns. By moving against the herd, they can acquire shares at a price that offers a significant Margin of Safety. This “price discount” serves as a buffer; if their analysis is slightly off, the low purchase price protects capital, but if their thesis plays out, the upside potential is substantial.
Fundamental Bottom-up Research
The engine driving this philosophy is Fundamental Bottom-up Research. The firm does not rely on quantitative screens alone, nor do they make top-down bets on the direction of interest rates or GDP. Instead, the analysts at Channing Capital Management act like business owners. They scrutinize financial statements, interview management, assess competitive moats, and model future cash flows. This labor-intensive process allows Channing Capital Management to build High-Conviction Portfolio Management structures, typically holding fewer stocks than their peers (often 35-50 holdings). They believe that diversification is important, but over-diversification dilutes the impact of their best ideas.
ESG Integration in Value Investing
For many investors within the firm’s Target Client Base—particularly public pension funds, endowments, and foundations—Environmental, Social, and Governance (ESG) considerations are a critical component of risk management. Channing Capital Management approaches ESG not as a separate, activist mandate, but as an essential, integrated element of their Primary Investment Style: fundamental, bottom-up value investing.
Material Risk Assessment Over Blanket Exclusions
Rather than utilizing rigid, automated exclusionary systems that eliminate entire industries from consideration, the firm weaves ESG screening methods directly into its proprietary due diligence. The investment team conducts in-house research—reviewing corporate social responsibility (CSR) reports, public filings, and third-party ratings—to identify material non-financial risks. This pragmatic approach ensures they do not prematurely dismiss a potentially undervalued company based on a broad industry ban, preserving their ability to execute their unique Specialization in finding neglected market opportunities.
Protecting the Margin of Safety
In the context of intrinsic value investing, a severe governance failure, a looming environmental liability, or poor labor practices represent direct threats to future cash flows and corporate valuation. By carefully assessing these specific, fundamental risks, the portfolio managers ensure that the “discount” they observe in a stock’s price is a genuine opportunity, not a value trap laden with hidden liabilities. This rigorous, case-by-case evaluation directly protects the investor’s margin of safety and the integrity of their $3.9 billion to $4.0 billion in total firm AUM.
Active Stewardship and Engagement
Operating under strict fiduciary duty and SEC Regulatory Status, Channing Capital Management views active shareholder engagement as a vital tool for risk mitigation. When the team identifies high-quality franchises facing material ESG headwinds, they frequently engage directly with corporate management teams. By discussing these concerns during one-on-one meetings, they can better understand how leadership is addressing these liabilities and monitor their progress over time, ultimately driving long-term value creation.
Primary Investment Style
Channing Capital Management is strictly a Value investor. Their style box placement is consistently in the “Value” column, whether they are operating in the Small, Mid, or Large-Cap space.
However, their specific flavor of value is “Quality Value.” Some value managers focus solely on low Price-to-Book (P/B) or Price-to-Earnings (P/E) ratios, often ending up with distressed assets. Channing Capital Management differs by emphasizing High-Quality Franchises. They look for companies that have high returns on invested capital (ROIC) and stable free cash flow, but for some reason—perhaps a missed earnings quarter or a sector rotation—are trading at value multiples.
This style relies heavily on High-Conviction Portfolio Management. Because they only buy what they intimately understand, they are comfortable holding concentrated positions. This active share (the difference between their portfolio and the benchmark) is high, indicating that Channing Capital Management is truly managing money, not just mirroring an index.
Target Client Base
Channing Capital Management primarily serves the Institutional Asset Management market. Their rigorous process, risk controls, and reporting standards are designed to meet the fiduciary requirements of sophisticated asset owners.
The firm’s target client base includes:
Public Pension Funds: State, municipal, and county retirement systems that require consistent long-term returns to meet beneficiary obligations.
Corporate Pension Plans: Private sector defined benefit and defined contribution plans.
Endowments and Foundations: Universities and charitable organizations seeking to preserve capital while generating income.
Taft-Hartley Plans: Union pension funds.
Sub-Advisory Relationships: Channing Capital Management often acts as a sub-advisor for other platforms or mutual funds that require a specialized Small-Cap Value Strategy or SMID-Cap Value Equity component.
High Net Worth Individuals: Through Separately Managed Accounts (SMA) for Institutions and wealthy families, they offer tailored access to their strategies.
Services and Investment Strategies
Channing Capital Management offers a focused range of equity strategies, all built upon the same foundation of Intrinsic Value Investing and Fundamental Bottom-up Research.
Small-Cap Value Strategy
The Small-Cap Value Strategy is the firm’s flagship offering, launched in 2006.
Focus: This strategy targets companies with market capitalizations generally between $300 million and $3 billion (typical Russell 2000 Value range).
Philosophy: The small-cap market is inefficient. Analyst coverage is thin, and mispricing is common. Channing Capital Management exploits this by finding neglected companies.
Portfolio Construction: A concentrated portfolio of 35-50 holdings.
Why it works: By applying Intrinsic Value Investing to small companies, the firm can identify acquisition targets or future mid-cap leaders before the broader market recognizes them.
SMID-Cap Value Equity
The SMID-Cap Value Equity strategy (Small-Mid Cap) was launched in 2011 to capture opportunities in the “graduation” phase of companies.
Focus: Companies with market capitalizations typically between $500 million and $15 billion.
Philosophy: This strategy blends the high-growth potential of small caps with the financial stability of mid-caps.
Role in Portfolio: For Institutional Asset Management clients, SMID-Cap Value Equity serves as a core allocation that diversifies away from the volatility of pure small caps while offering better alpha potential than large caps.
Large-Cap Value Strategy
Focus: Large capitalization companies (similar to the Russell 1000 Value).
Philosophy: Even the most analyzed companies in the world can be mispriced. Channing Capital Management applies a Contrarian Investment Approach here, buying blue-chip High-Quality Franchises when they face temporary controversy.
All-Cap Value Strategy
Focus: The “best ideas” across the entire market capitalization spectrum.
Philosophy: This is an unconstrained application of Intrinsic Value Investing. The portfolio managers have the freedom to allocate capital to the most attractive risk/reward opportunities, whether that is a tiny micro-cap or a global mega-cap.
Micro-Cap Value Equity
Focus: The smallest publicly traded companies, typically under $500 million in market cap.
Philosophy: This is the frontier of Intrinsic Value Investing. Many of these companies have zero analyst coverage. Channing Capital Management utilizes this strategy to leverage their deep research capabilities to find hidden gems that are completely off the radar of large Wall Street firms.
Separately Managed Accounts (SMA) for Institutions
For larger clients, Channing Capital Management offers Separately Managed Accounts (SMA) for Institutions. This service allows clients to own the individual securities directly rather than units in a commingled fund. This provides greater transparency, tax efficiency, and the ability to customize guidelines (e.g., specific ESG restrictions) while still benefiting from the firm’s Intrinsic Value Investing expertise.
Retail Mutual Fund: Channing Intrinsic Value Small-Cap Fund (OWLLX)
While historically dedicated to Institutional Asset Management, Channing Capital Management expanded its reach to provide liquid, daily-priced access to its flagship strategy by launching its first publicly traded mutual fund on July 1, 2021.
The Channing Intrinsic Value Small-Cap Fund (Ticker: OWLLX) is an open-end mutual fund designed to seek long-term capital appreciation. It directly mirrors the firm’s core Specialization, investing at least 80% of its net assets in domestic small-capitalization equities that fall within the market capitalization range of the Russell 2000 Value Index.
Key Fund Details:
Ticker Symbol: OWLLX (Institutional Class)
Primary Investment Style: Fundamental, bottom-up Small-Cap Value
Target Client Base: Retail investors, financial advisors, wealth management platforms, and smaller institutions.
Fund AUM: Approximately $11.35 million (Note: The firm’s total combined AUM across all strategies is ~$3.9 billion to $4.0 billion).
Expense Ratio: 0.95%
Benchmark: Russell 2000 Value Index
Regulatory Status: Distributed by Ultimus Fund Distributors, LLC (Member FINRA); subject to SEC mutual fund compliance and reporting.
Investment Approach
The OWLLX fund utilizes the exact same Intrinsic Value Investing philosophy as the firm’s multi-billion dollar institutional separate accounts. The portfolio management team acts as business owners, relying on deep, company-specific analysis to build a concentrated portfolio (typically 35 to 50 holdings). They evaluate fundamental risks and opportunities meticulously, avoiding the use of rigid, automated exclusion systems that might prematurely eliminate a high-quality franchise experiencing a temporary pricing discount.
By offering this mutual fund, Channing Capital Management provides a broader audience the opportunity to invest alongside a premier boutique asset manager, capturing their proven ability to navigate inefficient small-cap markets with a strict margin of safety.
Account Minimums & Fee Structures
Transparency regarding investment thresholds is critical for prospective clients evaluating an asset manager. Channing Capital Management provides several access points to its strategies, catering to different tiers of the Target Client Base—from large institutional asset owners to high-net-worth individuals and retail investors.
Institutional Separately Managed Accounts (SMAs)
For institutional clients—such as public pension funds, endowments, and foundations—seeking direct ownership of securities through a customized portfolio, the firm utilizes a tiered fee schedule based on Assets Under Management (AUM).
Account Minimum: The firm generally requires a $2,000,000 minimum investment for an account to be included in its institutional performance composites.
Standard Institutional Fee Schedule:
| Assets Under Management | Annual Management Fee |
| First $50 Million | 0.75% |
| Next $100 Million | 0.50% |
| Assets Over $150 Million | 0.40% |
(Note: Fees may be negotiable depending on the specific mandate size, funding scale, and the potential to expand the relationship over time. Channing Capital Management does not charge performance-based fees for these standard accounts.)
Unified Managed Accounts (UMA) & Wrap Fee Programs High-net-worth individuals and financial advisors can access Channing’s Primary Investment Style through various sub-advisory relationships and wrap fee programs, such as the Morgan Stanley Select UMA platform.
Strategy Minimum: Investment thresholds for these platforms are significantly lower, often starting at $25,000.
Fees: Costs within these programs are typically bundled by the sponsoring brokerage or wealth management platform, out of which Channing receives a negotiated sub-advisory fee.
Mutual Fund Access (OWLLX) Investors allocating capital through the Channing Intrinsic Value Small-Cap Fund (Institutional Class) are subject to mutual fund operating expenses rather than the direct SMA fee schedule.
Minimum Initial Investment: $100,000 (with minimum additional purchases of $100).
Net Expense Ratio: 0.95% (Gross expense ratio of 1.11%, reduced via contractual fee waivers).
Management Fee: 0.70%
Performance Track Records & Benchmarks
Evaluating historical performance data and benchmarks is a critical step for the firm’s Target Client Base—whether they are institutional plan sponsors, financial consultants, or individual investors. Channing Capital Management measures the success of its Primary Investment Style against widely recognized industry indices, providing a transparent view of their long-term value generation.
Key Benchmarks by Strategy
To accurately reflect their distinct Specialization across different market capitalizations, the portfolio management team utilizes the following primary benchmarks to measure relative outperformance (alpha):
Small-Cap Value Strategy (and OWLLX Fund): Russell 2000 Value Index
SMID-Cap Value Equity: Russell 2500 Value Index
Large-Cap Value Strategy: Russell 1000 Value Index
All-Cap Value Strategy: Russell 3000 Value Index
Historical Performance Philosophy
Rather than chasing short-term market momentum, the firm focuses on generating consistent returns over full market cycles (typically 3 to 5 years). By adhering to fundamental bottom-up research, they selectively screen for high-quality franchises trading at a temporary discount to their true worth. This rigorous process is designed to capture upside participation during market rallies while providing vital downside protection during periods of economic volatility.
Public Mutual Fund (OWLLX) Track Record
For daily-priced performance tracking, prospective investors can observe the Channing Intrinsic Value Small-Cap Fund (Ticker: OWLLX). Since its inception on June 30, 2021, the fund has maintained a high active share against the Russell 2000 Value Index, demonstrating their commitment to high-conviction stock picking rather than passive index-hugging.
Institutional Composite Data & Transparency
For institutional separate accounts, performance is typically reported both gross and net of standard management fees. These historical composites showcase the firm’s ability to execute its intrinsic value approach at scale. Because of their strict Regulatory Status as an SEC Registered Investment Adviser, the firm provides fully updated, GIPS-compliant performance fact sheets and prospectuses directly on their platform, reflecting the careful management of their multi-billion dollar AUM.
Channing Capital Management vs. Competitors
When evaluating boutique asset managers, institutional allocators and financial advisors often compare Channing Capital Management to peers such as Ariel Investments or Ceredex Value Advisors. While many firms operate within the broader value equity space, Channing distinguishes itself through its specific execution, portfolio concentration, and structural alignment.
Understanding how their approach contrasts with other managers is crucial for determining the right fit for a portfolio.
Intrinsic Value vs. Deep Value
Many traditional value competitors employ a “Deep Value” approach, buying statistically cheap, distressed assets based purely on low Price-to-Book (P/B) or Price-to-Earnings (P/E) ratios. Channing Capital Management’s Primary Investment Style is decidedly different. They focus on Intrinsic Value Investing—seeking out high-quality franchises with strong balance sheets and capable management that are temporarily out of favor. Rather than using quantitative systems to automatically screen out sectors, their team evaluates the actual long-term business worth to secure a true margin of safety.
Nimble Specialization vs. Asset Bloat
A common issue among successful investment firms is “asset bloat”—gathering so much capital that they can no longer invest effectively in smaller companies without moving the market. With an AUM of approximately $3.9 billion to $4.0 billion, Channing remains highly nimble. This optimal size allows them to fully execute their Specialization in Small-Cap, SMID-Cap, and Micro-Cap equities, uncovering hidden gems that larger wirehouse competitors simply cannot access efficiently.
High-Conviction Portfolios vs. Index Hugging
While some peers offer overly diversified portfolios that essentially mirror their benchmarks, Channing relies strictly on fundamental, bottom-up research to build high-conviction portfolios (typically holding only 35 to 50 stocks). They act as business owners, not stock traders, resulting in a high active share that justifies their active management fees.
Boutique Alignment vs. Bureaucracy
As an employee-owned, minority-led firm, Channing offers a unique contrarian perspective that appeals strongly to their Target Client Base of public pension funds, endowments, and discerning retail platforms. While they share the same rigorous Regulatory Status (SEC Registered Investment Adviser) as their massive, publicly traded competitors, their boutique structure ensures that the portfolio managers’ interests are directly aligned with their investors, free from the bureaucratic pressures of a corporate parent.
Industry Classification
Channing Capital Management operates within the financial services sector.
NAICS Code: 523930 (Investment Advice).
SIC Code: 6282 (Investment Advice).
These classifications confirm their role as a fiduciary providing discretionary investment management services.
Regulatory Status
Channing Capital Management is an SEC Registered Investment Adviser (RIA).
CRD Number: 128450.
SEC File Number: 801-62371. Registration with the Securities and Exchange Commission (SEC) is a critical credential for Institutional Asset Management. It subjects the firm to rigorous compliance standards, periodic examinations, and the fiduciary duty to act in the best interests of their clients at all times. Their Form ADV filings provide public transparency regarding their business practices, fees, and conflicts of interest.
Assets Under Management
As of the most recent reporting periods entering 2025, Channing Capital Management manages approximately $3.9 billion to $4.0 billion in assets.
Discretionary Assets: The vast majority of this AUM is discretionary, meaning Channing Capital Management has full authority to make buy/sell decisions based on their Intrinsic Value Investing methodology.
Growth Trajectory: The firm has seen steady asset retention and growth, a testament to the consistency of their Small-Cap Value Strategy and the successful adoption of their SMID-Cap Value Equity offerings.
Key Metrics
Number of Employees: Approximately 19 employees. This lean structure is typical for boutique firms focused on High-Conviction Portfolio Management. It allows for streamlined decision-making and a cohesive culture.
Investment Experience: The investment team boasts over 100 years of combined experience, providing the wisdom necessary to navigate complex market cycles using a Contrarian Investment Approach.
Number of Clients: The firm serves approximately 85 institutional clients. This relatively low client-to-manager ratio ensures high-touch service and strong relationships.
Offices: The firm operates from a single principal office in Chicago, Illinois (10 South LaSalle Street). This centralization fosters intense collaboration among the research team, which is vital for Fundamental Bottom-up Research.
Revenue: As a private company, Channing Capital Management does not publicly disclose its annual revenue. However, based on standard industry fee structures (typically 0.50% to 1.00% of AUM for equity boutiques), the firm generates sustainable revenue to support its research infrastructure and talent retention.
Technology & Infrastructure
While Channing Capital Management is a fundamental shop, they leverage modern technology to enhance their Intrinsic Value Investing process.
Portfolio Management Systems: The firm utilizes industry-standard platforms for trade execution, compliance monitoring, and portfolio accounting. This ensures that their High-Conviction Portfolio Management is executed efficiently and within client guidelines.
Research Tools: Analysts utilize robust financial data platforms (such as Bloomberg, FactSet, or similar) to screen for valuation anomalies and access historical financial data. This technology supports the quantitative aspect of their Fundamental Bottom-up Research.
Risk Management: Technology is used to monitor factor exposures (e.g., sector weightings, beta, liquidity). While they are contrarian, they use these tools to ensure that the Margin of Safety is not compromised by unintended concentration risks.
Partnership
Channing Capital Management has demonstrated a strategic willingness to partner and expand its footprint.
Channing Global Advisors: This is a notable affiliate/partnership that extends the Intrinsic Value Investing brand into international waters. It allows the firm to offer a global solution to their clients.
Channing Alternatives: An affiliate focused on private markets and lower-middle-market opportunities, leveraging the firm’s network to source unique deals. These partnerships demonstrate that Channing Capital Management is evolving from a single-strategy boutique into a multi-faceted Institutional Asset Management platform.
Awards and Recognitions
Channing Capital Management has garnered respect within the industry, particularly in the emerging manager and diversity-owned manager space.
Emerging Manager Awards: The firm has historically been recognized by platforms and consultants that track “Emerging Managers” (though with $4B AUM and 20+ years of history, they have largely graduated from this “emerging” status into an established firm).
Top Guns/Manager Rankings: Their Small-Cap Value Strategy and SMID-Cap Value Equity funds frequently appear in top quartile rankings (such as PSN Top Guns or similar databases) during periods where value investing outperforms growth, validating their Intrinsic Value Investing discipline.
Navigating Market Cycles with Intrinsic Value
The enduring success of Channing Capital Management lies in their discipline. In a financial world often obsessed with the next “hot” tech stock or momentum trade, Channing Capital Management remains grounded in the mathematics of business valuation. Whether through their Small-Cap Value Strategy or their broader All-Cap Value mandates, they provide a necessary counterbalance in institutional portfolios. By focusing on Intrinsic Value Investing and maintaining a Margin of Safety, they offer a prudent, research-driven path for investors seeking long-term wealth preservation and growth. Their commitment to Fundamental Bottom-up Research ensures that every stock in their portfolio is there on merit, representing a High-Quality Franchise poised for recovery. For the institutional investor, Channing Capital Management represents the stability and conviction required to navigate an uncertain future.
Channing Capital Management Leadership & Teams
Profile Structure
Name: Channing Capital Management
Industry: Financial Services / Investment Management
Founded: 2003
Headquarters: 10 South LaSalle Street Suite 2401 Chicago, IL 60603 USA
AUM: $3.9 billion to $4.0 billion
Employees: Approximately 19
Primary Investment Style: Intrinsic Value Investing (Value)
Target Client: Institutional Asset Management (Public Pension Funds, Corporate Pension Plans, Endowments, Foundations, Taft-Hartley Plans)
Specialization: Small-Cap Value Strategy, SMID-Cap Value Equity, Large-Cap Value, All-Cap Value, Micro-Cap Value Equity
Industry Classification: NAICS Code: 523930 (Investment Advice), SIC Code: 6282 (Investment Advice)
Regulatory Status: CRD Number: 128450, SEC File Number: 801-62371
Website: channingcapital.com
Frequently Asked Questions (FAQ)
What is Channing Capital Management’s mutual fund ticker? The firm’s publicly traded mutual fund is the Channing Intrinsic Value Small-Cap Fund, which trades under the ticker symbol OWLLX (Institutional Class).
What is the minimum investment for Channing Capital Management? Investment minimums vary depending on the Target Client Base and the chosen investment vehicle. Direct institutional Separately Managed Accounts (SMAs) generally require a $2,000,000 minimum. The OWLLX mutual fund requires a $100,000 initial investment, while access through specific unified managed account (UMA) wrap programs can start as low as $25,000.
What is Channing Capital Management’s primary investment style? The firm is strictly a value manager, utilizing Intrinsic Value Investing. They rely on fundamental, bottom-up research to identify high-quality franchises that are temporarily trading at a discount. Their core Specialization spans across Small-Cap, SMID-Cap, Large-Cap, All-Cap, and Micro-Cap value equities.
Is Channing Capital Management a minority-owned firm? Yes. Founded in 2003 by Rodney B. Herenton and Wendell E. Mackey, the firm is minority-owned and employee-owned. This structure fosters an independent, contrarian perspective and ensures the team’s interests are aligned directly with their investors.
What is the firm’s total AUM and regulatory status? Channing Capital Management manages approximately $3.9 billion to $4.0 billion in Assets Under Management (AUM). Regarding their Regulatory Status, the firm operates as an SEC Registered Investment Adviser (CRD Number: 128450), ensuring strict adherence to federal compliance standards and a fiduciary duty to act in their clients’ best interests.
Location:
10 South LaSalle Street, Suite 2401, Chicago, IL 60603