General Investing >> Money Manager Interviews >> December 20, 2013

Investing in High-Quality Small Caps Using Bottom-Up Analysis

Elan, Ori
Ori Elan is a Managing Director and Portfolio Manager on the small-cap value investment team at Elessar Investment Management. In addition, he oversees the trading function at the firm. Prior to joining Elessar Investment Management, Mr. Elan was an Equity Analyst on the small-cap value team at National City Bank. Also at National City Bank, he managed several indexed portfolios for National City Bank’s investment management company. Prior to joining National City Bank, he was a Financial Analyst and Chemical Engineer at Air Products and Chemicals, Inc. As a citizen of Israel, Mr. Elan served as a Field Commander and Staff Officer for the Israel Defense Force for four years. He is also a citizen of the U.S. and the United Kingdom. As an Andrew Grove Foundation scholar, Ori received his B.S. in chemical engineering from the City College of New York. He was Valedictorian of his graduating class. He also received his MBA from the Tepper School of Business at Carnegie Mellon University. Profile
TWST: Can you please give us a brief history of Elessar Small Cap Value Fund and an overview of the key points that guide its investment philosophy?

Mr. Elan: We formed Elessar at the