Steve Romick – FPA Funds

Mr. Romick is a Managing Partner of FPA LLC, a Los Angeles-based investment manager with approximately $30 billion under management in equity, fixed income, and alternative strategies. Mr. Romick is a value investor and has managed the $17 billion FPA Crescent Fund since its 1993 inception. This Fund seeks to generate equity-like returns over the long-term, take less risk than the market and avoid permanent impairment of capital. FPA Crescent has provided the best risk-adjusted returns of all allocation mutual funds (with assets over $1 billion) that invest in equities and have been managed by the same party since its inception according to Morningstar. As of March 31, 2017, the FPA Crescent Fund carries a Morningstar 5-star rating.  Mr. Romick was awarded Morningstar’s U.S. Allocation Fund Manager of the Year (2013) and was a nominee for Morningstar’s Domestic Manager of the Decade Award (2009) and Morningstar’s U.S. Allocation/Alternatives Fund Manager of the Year Award (2016). Mr. Romick earned a BS in Education from Northwestern University and is a CFA Charterholder.