River Road’s Independent Value strategy will be a key part of the firm’s new alternative equities effort, a strategy the firm has spent more than two years developing, according to the announcement.
Cinnamond has more than 16 years of investment experience. Prior to joining River Road, he served as Lead Portfolio Manager for Intrepid Capital Management’s Small Cap strategy. He has also served as a portfolio manager and analyst at Evergreen Asset Management and as a portfolio manager at First Union National Bank of Florida.
Cinnamond received his bachelor of business administration degree in finance from Stetson University and his master’s degree in business administration from the University of Florida.
“Our alternative investment strategies are designed to complement River Road’s more traditional institutional portfolios,” said R. Andrew Beck, President and co-founder of River Road, in the announcement. “The ultimate goal is to provide clients with a focused group of investment solutions that can succeed in a difficult economic environment.”
River Road’s Independent Value strategy will be available to clients beginning September 15.