Overview

From left to right: Thomas Reynolds IV,  Daniel Kane, Craig Inman

Team Highlights

All investment team members share a strong commitment to value, quality and risk control that has remained consistent since the inception of the team.

  • All team members function as generalists with sector biases with respect to investment research.
  • Each team member’s unique insights provide complementary perspective to portfolio decision making.
  • The team is supported by an experienced US trading desk that averages more than 25 years of experience.
  • The investment team is located in Atlanta and Chicago.

Investment Process

The team seeks to invest in companies that are undervalued, in solid financial condition and have attractive business economics. The team believes that companies with these characteristics are less likely to experience eroding values over the long term.

Attractive Valuation

The team values a business using what it believes are reasonable expectations for the long-term earnings power and capitalization rates of that business. This results in a range of values for the company that the team believes would be reasonable. The team generally will purchase a security if the stock price falls below or toward the lower end of that range.

Sound Financial Condition

The team prefers companies with an acceptable level of debt and positive cash flow. At a minimum, the team seeks to avoid companies that have so much debt that management may be unable to make decisions that would be in the best interest of the companies’ shareholders.

Attractive Business Economics

The team favors cash-producing businesses that it believes are capable of earning acceptable returns on capital over the company's business cycle.

In-depth Investment Process

 

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  • Daniel L. Kane, CFA
  • Portfolio Manager
  • Value Equity, U.S. Mid-Cap Value and Value Income Strategies
  • 26Years Investment
    Experience

Daniel L. Kane, CFA, is a managing director of Artisan Partners and a portfolio manager on the U.S. Value team. In this role, he is a portfolio manager for the Artisan Value Equity, U.S. Mid-Cap Value and Value Income Strategies.

Prior to joining Artisan Partners in March 2008, Mr. Kane was a senior small-cap investment analyst at BB&T Asset Management, Inc. from August 2005 to March 2008. Mr. Kane began his investment career as a domestic equities securities analyst at the State of Wisconsin Investment Board in 1998. Mr. Kane holds a bachelor’s degree in finance from the University of Wisconsin-Madison and a master’s degree in business administration from the University of Chicago Booth School of Business.

  • Thomas A. Reynolds IV
  • Portfolio Manager
  • Value Equity, U.S. Mid-Cap Value and Value Income Strategies
  • 25Years Investment
    Experience

Thomas A. Reynolds IV is a managing director of Artisan Partners and a portfolio manager on the U.S. Value team. In this role, he is a portfolio manager for the Artisan Value Equity, U.S. Mid-Cap Value and Value Income Strategies.

Prior to joining Artisan Partners in October 2017, Mr. Reynolds was a portfolio manager for Perkins Investment Management at Janus Henderson, where he co-managed the Perkins Small Cap Value strategy and the Perkins All Cap Value strategy. Mr. Reynolds joined Perkins in 2009 as a research analyst covering the U.S. financials sector and was later promoted to portfolio manager. Earlier in his career, he worked at Lehman Brothers in the financial institutions investment banking group and fixed income sales and trading. Mr. Reynolds holds a bachelor’s degree in anthropology from Dartmouth College and a master’s degree in business administration from the University of Chicago Booth School of Business, where he graduated with honors.

  • Craig Inman, CFA
  • Portfolio Manager
  • Value Equity, U.S. Mid-Cap Value and Value Income Strategies
  • 25Years Investment
    Experience

Craig Inman, CFA, is a managing director of Artisan Partners and a portfolio manager on the U.S. Value team. In this role, he is a portfolio manager for the Artisan Value Equity, U.S. Mid-Cap Value and Value Income Strategies.

Prior to joining Artisan Partners in February 2012, Mr. Inman was an analyst and trader at Reicon Capital from February 2002 to February 2012. Mr. Inman began his investment career in 1999 as a trader at ING Investment Management. Mr. Inman holds a bachelor’s degree in business from Wake Forest University.