GAMCO’s Chairman Elects to Waive Compensation from March 1, 2025 to May 31, 2025 - To Accelerate ETF and CIT Development
GAMCO Investors (OTCQX: GAMI) announced that Chairman and co-CEO Mario J. Gabelli will waive his Portfolio and Relationship compensation from March 1, 2025, to May 31, 2025, to provide resources for investment strategy development.
The company operates through two main subsidiaries: Gabelli Funds, , which manages 24 open-end funds, 14 closed-end funds, 5 actively managed ETFs, and a SICAV, and GAMCO Asset Management Inc., which handles approximately 1,400 institutional and private wealth separate accounts.
GAMCO offers diverse investment solutions including Value and Growth Equity, Convertibles, actively managed ETFs, sector-focused strategies in Gold and Utilities, Merger Arbitrage, Fixed Income, and 100% U.S. Treasury Money Market. The company continues to seek new acquisitions and RIA team integrations, offering finder's fees for successful opportunities.
GAMCO Investors (OTCQX: GAMI) ha annunciato che il presidente e co-amministratore delegato Mario J. Gabelli rinuncerà alla sua indennità per il Portafoglio e per le Relazioni dal 1° marzo 2025 al 31 maggio 2025, per fornire risorse allo sviluppo della strategia di investimento.
La società opera attraverso due principali filiali: Gabelli Funds, che gestisce 24 fondi aperti, 14 fondi chiusi, 5 ETF a gestione attiva e una SICAV, e GAMCO Asset Management Inc., che gestisce circa 1.400 conti separati per istituzioni e patrimonio privato.
GAMCO offre soluzioni di investimento diversificate, comprese azioni di valore e crescita, convertibili, ETF a gestione attiva, strategie focalizzate sui settori dell'oro e dei servizi pubblici, arbitraggio di fusioni, reddito fisso e un mercato monetario in titoli di Stato statunitensi al 100%. La società continua a cercare nuove acquisizioni e integrazioni di team RIA, offrendo commissioni di intermediazione per opportunità di successo.
GAMCO Investors (OTCQX: GAMI) anunció que el presidente y co-CEO Mario J. Gabelli renunciará a su compensación por Cartera y Relaciones desde el 1 de marzo de 2025 hasta el 31 de mayo de 2025, para proporcionar recursos para el desarrollo de la estrategia de inversión.
La compañía opera a través de dos subsidiarias principales: Gabelli Funds, que gestiona 24 fondos abiertos, 14 fondos cerrados, 5 ETF de gestión activa y un SICAV, y GAMCO Asset Management Inc., que maneja aproximadamente 1,400 cuentas separadas para instituciones y patrimonios privados.
GAMCO ofrece soluciones de inversión diversas que incluyen acciones de Valor y Crecimiento, Convertibles, ETF de gestión activa, estrategias enfocadas en los sectores de Oro y Servicios Públicos, Arbitraje de Fusiones, Renta Fija y un Mercado Monetario 100% en Bonos del Tesoro de EE. UU. La compañía sigue buscando nuevas adquisiciones e integraciones de equipos RIA, ofreciendo comisiones por éxito en oportunidades exitosas.
GAMCO Investors (OTCQX: GAMI)는 회장 겸 공동 CEO인 Mario J. Gabelli가 2025년 3월 1일부터 2025년 5월 31일까지 포트폴리오 및 관계 보상을 포기하여 투자 전략 개발을 위한 자원을 제공할 것이라고 발표했습니다.
회사는 두 개의 주요 자회사를 통해 운영됩니다: Gabelli Funds, 24개의 오픈 엔드 펀드, 14개의 클로즈드 엔드 펀드, 5개의 능동적으로 관리되는 ETF 및 하나의 SICAV를 관리하며, GAMCO Asset Management Inc., 약 1,400개의 기관 및 개인 자산 분리 계정을 처리합니다.
GAMCO는 가치 및 성장 주식, 전환 가능 채권, 능동적으로 관리되는 ETF, 금 및 공공서비스에 중점을 둔 전략, 합병 차익 거래, 고정 수익 및 100% 미국 재무부 머니 마켓을 포함한 다양한 투자 솔루션을 제공합니다. 회사는 여전히 새로운 인수 및 RIA 팀 통합을 모색하며 성공적인 기회를 위해 중개 수수료를 제공합니다.
GAMCO Investors (OTCQX: GAMI) a annoncé que le président et co-CEO Mario J. Gabelli renoncera à sa compensation en matière de Portefeuille et de Relations du 1er mars 2025 au 31 mai 2025, afin de fournir des ressources pour le développement de la stratégie d'investissement.
L'entreprise opère à travers deux principales filiales : Gabelli Funds, qui gère 24 fonds ouverts, 14 fonds fermés, 5 ETF gérés activement et un SICAV, et GAMCO Asset Management Inc., qui gère environ 1 400 comptes séparés pour des institutions et des portefeuilles privés.
GAMCO propose des solutions d'investissement diversifiées, comprenant des actions de valeur et de croissance, des convertibles, des ETF gérés activement, des stratégies sectorielles axées sur l'or et les services publics, l'arbitrage de fusions, des titres à revenu fixe et un marché monétaire à 100 % en bons du Trésor américain. L'entreprise continue de rechercher de nouvelles acquisitions et des intégrations d'équipes RIA, offrant des frais de recherche pour des opportunités réussies.
GAMCO Investors (OTCQX: GAMI) gab bekannt, dass der Vorsitzende und Mit-CEO Mario J. Gabelli auf seine Vergütung im Bereich Portfolio und Beziehungen vom 1. März 2025 bis zum 31. Mai 2025 verzichten wird, um Ressourcen für die Entwicklung der Investitionsstrategie bereitzustellen.
Das Unternehmen operiert über zwei Hauptgesellschaften: Gabelli Funds, die 24 offen gehaltene Fonds, 14 geschlossene Fonds, 5 aktiv verwaltete ETFs und einen SICAV verwaltet, und GAMCO Asset Management Inc., die etwa 1.400 institutionelle und private Vermögenskonten verwaltet.
GAMCO bietet vielfältige Investmentlösungen an, darunter Value- und Growth-Equity, wandelbare Wertpapiere, aktiv verwaltete ETFs, sektororientierte Strategien in Gold und Versorgungsunternehmen, Fusionsarbitrage, festverzinsliche Wertpapiere und einen 100% US-Treasury-Geldmarktfonds. Das Unternehmen sucht weiterhin nach neuen Akquisitionen und RIA-Team-Integrationen und bietet Erfolgsprovisionen für erfolgreiche Gelegenheiten an.
- Chairman's compensation waiver provides additional resources for strategy development
- Diverse product portfolio across multiple asset classes
- Large client base with 1,400 institutional and private wealth accounts
- Active expansion strategy through RIA acquisitions and team integrations
- None.
GREENWICH, Conn., Feb. 05, 2025 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) announced today that its Chairman and co-CEO, Mr. Mario J. Gabelli, has elected to waive all of his Portfolio and Relationship compensation that he would otherwise have been entitled to for the period from March 1, 2025 to May 31, 2025. This will provide cushion for investment strategy development.
About Gabelli
Gabelli is best known for its research-driven value approach to equity investing (known as PMV with a CatalystTM). Gabelli conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 5 actively managed ETFs, and a SICAV) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts). Gabelli serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors. In recent years, Gabelli has successfully integrated new teams of RIAs by providing attractive compensation arrangements and extensive research capabilities. As we stated in the past, Gabelli continues to look for new acquisitions / lift-outs and will pay finder’s fees for successful opportunities.
Gabelli offers a wide range of solutions for clients across Value and Growth Equity, Convertibles, actively managed ETFs, sector-focused strategies including Gold and Utilities, Merger Arbitrage, Fixed Income, and
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The financial results set forth in this press release are preliminary. Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy, and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.
Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that are difficult to predict and could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Some of the factors that may cause our actual results to differ from our expectations include risks associated with a decline in the securities markets that adversely affect our assets under management, negative performance of our products, the failure to perform as required under our investment management agreements, and a general downturn in the economy that negatively impacts our operations. We also direct your attention to the more specific discussions of these and other risks, uncertainties and other important factors contained in our Annual Report and other public filings. Other factors that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations whether as a result of new information, future developments or otherwise, except as may be required by law.
| Contact: | Kieran Caterina |
| SVP, Chief Accounting Officer | |
| (914) 921-5149 | |
| For further information please visit | |
| www.gabelli.com |
FAQ
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