Portfolio Management Team
At Steinberg Asset
Management, LLC (SAM), all members of the Investment Team, especially the Portfolio
Management Team, are generalists and conduct primary company research in search of the best investments that meet its criteria.
SAM's Portfolio Management Team is tasked with three key objectives:
- Setting the investment
strategy, which includes reviewing and defining the investment context and identifying broad investment themes.
- Reviewing new investment opportunities and overseeing SAM's proprietary bottom-up, fundamental research process.
- Constructing the portfolio to ensure the portfolio
reflects both the relative and absolute conviction for
The Portfolio Management Meam, led by Michael A. Steinberg, is responsible for implementing investment decisions,
which includes setting specific buy/sell price targets and establishing individual position sizes.
Michael A. Steinberg - Managing Partner, Portfolio Manager/Analyst
Mr. Steinberg’s career in investment management spans over 49 years. He founded Steinberg Asset Management (SAM) in 1982. Prior to 1982, Mr. Steinberg spent five years as a partner at Sloate Weisman Murray & Steinberg, a money management and brokerage firm. That association followed almost 10 years as a securities analyst, portfolio strategist, and money manager with Loeb Rhoades, which he joined after receiving a BS from Syracuse University and an MBA from the University of California at Berkeley.
Jason A. Kesselman - Partner, Director of Research/Analyst
Mr. Kesselman has 20 years of investment experience. Prior to joining SAM, he was a Managing Director at Karsch Capital Management, a multi-billion dollar long/short hedge fund where he managed a fundamental value based portfolio. Before Karsch, he was a Partner at Stonebrook Fund Management, a billion dollar long/short hedge fund focused on using a bottom-up fundamental approach to find value. At both Karsch and Stonebrook, he was a generalist covering a wide range of sectors. Prior to joining Stonebrook, Mr. Kesselman worked in the mergers and acquisitions group of Lehman Brothers Inc. He holds a BA in history from the University of Michigan and a JD from Columbia Law School as well as an MBA from Columbia Business School.
Justin S. Steinberg - Partner/Analyst
Mr. Steinberg has 11 years of investment experience. Prior to joining SAM, he worked in the Investment Banking Division at Morgan Stanley covering a variety of industries and clients, with a focus on financial sponsors. Before joining Morgan Stanley, Mr. Steinberg served as a Senior Policy Advisor to the Deputy Mayor for Economic Development and Rebuilding under New York City Mayor Michael Bloomberg. He holds a BA in Political Science from Brown University and an MBA from Harvard Business School.