River Road Asset Management

River Road Asset Management, LLC is an institutional investment management firm founded in April 2005 by James C. Shircliff, CFA (CIO); R. Andrew Beck (President & CEO, Senior Portfolio Manager); and Henry W. Sanders III, CFA (EVP, Senior Portfolio Manager). River Road was formed based upon its proprietary Absolute Value® investment discipline, a distinct portfolio management approach solely developed by River Road which is distinguishable from, and occupies a unique niche between, other types of investment styles. Louisville, Kentucky-based River Road provides institutional separate account and investment sub-advisory services to a broad range of domestic and international clients. The firm manages more than $6.9 billion in total assets (as of September 30, 2016). Total assets combines River Road's (1) discretionary assets under management and (2) model portfolio assets (no investment discretion/trading authority).