Managed by Cedar Street Asset Management LLC (Since 5/23/2019)
Cedar Street Asset Management LLC is an employee-owned investment firm focused on small capitalization value investing in international markets. The firm strives to generate superior risk-adjusted returns, employing a consistent and repeatable investment methodology in an entrepreneurial, team-oriented, and respectful work environment, where clients’ interests are paramount to any other interest. The firm utilizes a fundamental and qualitative approach to value investing, which includes cross disciplinary and language capabilities.
Prior to founding Cedar Street Asset Management LLC, Jonathan established the non-US investment practice at Advisory Research, Inc., (“ARI”) a Chicago-based asset management firm, with the two founders of ARI. During Jonathan’s tenure at ARI, the non-U.S. investment practice grew into a multi-strategy, multi-billion dollar AUM business across a range of investment vehicles. Jonathan also has experience in the field of Socially Responsible Investing ("SRI"). While at ARI, Jonathan served as a sub-advisor and a portfolio manager for Calvert Investment, Inc.'s International Opportunities Fund. Calvert Investment, Inc. is a leader in SRI investing. Prior to joining ARI, Jonathan worked for the U.S. Securities and Exchanges Commission's Office of International Affairs, focusing on cross-border regulatory, corporate governance, and enforcement matters. Prior to the SEC, Jonathan was an investment banker in corporate finance for JPMorgan Securities, Inc. Jonathan also worked for Ogilvy & Mather in Beijing, China. Jonathan received a J.D. and M.B.A (Kellogg) from Northwestern University and a B.A. in Political Science and an M.A. in International Affairs (Maxwell School) from Syracuse University. As an undergraduate, Jonathan studied at Fu Jen University in Taipei, Taiwan. Jonathan is a frequent guest on CNBC, CNBC Asia, Fox Business, CCTV, and contributor to a range of business related publications.
Prior to joining Cedar Street Asset Management LLC, Waldemar developed and implemented the international investment capability at TAMRO Capital Partners LLC, an Alexandria, VA-based investment advisor specializing in small cap strategies for institutional investors. TAMRO was founded after its MBO from ABN AMRO in 2007. Waldemar launched TAMRO’s International Small Cap strategy in April 2013. He also served as sub-advisor for the Aston/TAMRO International Small Cap mutual fund. Prior to launching the international strategy, he was Director of Research and Equity Analyst for TAMRO’s domestic strategies covering Industrials, Energy, Technology, and Materials. While in this role, AUM grew from $700 million to $2.6 billion. Waldemar studied Economics (BA) at Boston College and Finance and Entrepreneurship (MBA) at the UC Berkeley Haas School of Business and was awarded a Venture Capital Fellowship and a Certificate in Entrepreneurship from the Haas Lester Center for Entrepreneurship.