Veteran fixed income manager Bill Garvey and colleague Larry Rafferty launch Hilton Capital Management with its flagship strategy, Tactical Income (TI). The strategy was designed to appeal to the equity investor who wanted more protection and the fixed income investor who wanted a little more return.
“It’s not as much [about] what you own, it’s how do you on a risk-adjusted basis protect the investments that you have, and stay away from the things that really aren’t going to give you some opportunity to make money…”
William Garvey, Founder & Co-Chief Investment Officer
Total AUM $374M
Despite the extended effects of the global financial crisis, Hilton continues to gain traction with AUM growth of over 36% between 2008-2010.
Craig O’Neill joins Hilton as CEO, focusing on building out the operational infrastructure to complement Garvey’s investment expertise.
“What makes Hilton so compelling as a company is that we’re able to balance entrepreneurship with conservatism.”
Craig O’Neill, Chief Executive Officer
Alexander Oxenham joins Hilton as Partner & Co-Chief Investment Officer. Alex helps formalize Hilton’s investment process and co-leads the Tactical Income Strategy.
The Tactical Income Fund is launched via investment company Direxion in response to customer demand for a mutual fund vehicle.
Hilton’s Dividend & Yield Strategy (DIVYs) is launched to complement Tactical Income with Alex Oxenham at the helm.
“DIVYs is a way for our clients to engage us on a more equity-oriented outlook.”
Alex Oxenham, Partner & Co-Chief Investment Officer
Hilton crosses a milestone AUM of $1.0B for the first time.
Timothy Reilly joins Hilton as President, primarily focusing on strategic business and risk management initiatives.
Reilly also launches Hilton’s ETF-focused Efficient Tactical Income vehicle.
“Efficient Tactical Income enables investors to gain exposure to the Tactical Income strategy with ETFs rather than individual securities.”
Tim Reilly, President
Portfolio manager Tom Maher joins Hilton to launch the Small & Mid Cap Opportunities strategy to round out Hilton’s equity offerings.
“We look to participate in up markets and protect the downside in more challenging periods. The ability to critically assess business models is essential to success over a whole market cycle.”
Tom Maher, Portfolio Manager
Equity Analyst Hannah Baade joins the investment team providing research support across all strategies.
Hilton launches an accelerated growth initiative with the hire of Suzanne Casey as Head of Distribution to lead the firm’s expanding Sales and Distribution team.
Casey will direct all national sales efforts for Hilton’s full product suite.
“Hilton’s investment strategies are a perfect solution for the investment needs of today’s advisor and their clients.”
Suzanne Casey, Managing Director, Head of Sales and Distribution
Having doubled its total AUM in just five years, Hilton starts the year with a total AUM of $2.0B.
Hilton celebrates the third anniversary of the Small & Mid Cap Opportunities strategy and its record of outperformance.
“With the full support of the Hilton organization plus increasing resources, I look forward to many years of continued performance,”
Thomas Maher, Portfolio Manager
Hugh Ansty joins Hilton as Head of National Accounts, leading the firm’s efforts to develop, maintain, and strengthen relationships with national firms.
"Hilton’s capabilities are well known and highly regarded, and I look forward to contributing to the continued success of the firm’s growth."
Hugh Ansty, CFA, Managing Director, Head of National Accounts