 Cavanaugh Capital Management's (CCM) portfolio management
team consists of James
M. Dugan, CFA, Megan
S. Brune, Thomas D.
D. Graff, CFA, Stephen
M. Shutz, CFA, Taylor G. Graff, and Brian C. Rahley. Primary portfolio decisions at the firm are made by James M. Dugan, CFA. He is supported in the portfolio management decision making process by Thomas D.D. Graff, CFA, Managing Director and Stephen M. Shutz, CFA, Vice President. Graff joined CCM in 1999, and Shutz joined CCM in 2003. Both Graff and Shutz serve as Assistant Portfolio Managers, the former concentrates on taxable securities, the latter focuses on tax-exempt securities. Taylor G. Graff, Associate, was hired in August 2005 and handles asset allocation and equity trading duties. Brian C. Rahley, Associate, was hired in 2005 and serves as portfolio administrator for both the taxable and tax-exempt desks.
Megan S. Brune, Principal, joined CCM in 1993 and serves as Head of Client Services.
The team meets formally twice a week to review the
economy and its impact on securities markets and client portfolios.
The team regularly reviews sector and duration targets for
each fixed income portfolio and discusses any adjustments
that need to be made.
All members of the portfolio management team are located
in one trading room, which facilitates the sharing of information
and enhances the team approach. This layout is especially
effective for portfolios that require investment in both taxable
and tax-exempt securities. Most large investment firms have
taxable and tax-exempt teams on separate floors which decelerates
the information sharing process. |
