General Investing >> Money Manager Interviews >> April 8, 2016
Stephen C. Demirjian is a Portfolio Manager at Cadence Capital Management. He worked at Essex Investment Management in Boston for 12 years where he managed hedge funds, traditional long-only portfolios, and also served as Director of Research. Mr. Demirjian was the youngest partner at the firm when he left in 1996 to become head of the Small-Cap Institutional product at Westfield Capital. From 1996 to 2003, as President of Westfield Capital, he managed hedge funds and traditional long-only portfolios. As a Director of the firm, Mr. Demirjian helped grow Westfield Capital’s small-cap assets from $100 million when he arrived to over $3.5 billion when he left in 2003 to found Integrity Capital Management. In September 2009, he sold his firm to Riversource Investments, now called Columbia Management. In November of 2010, he purchased his two funds back from Columbia with his clients intact, and transferred ownership of the funds to Cadence Integrity Partners “CIP,” a subsidiary of Cadence Capital Management. Since joining Cadence Capital Management, Mr. Demirjian has been asked to manage the Midcap Growth product, with approximately $150 million in assets. He was asked to co-manage the fund in July 2012, and took over sole management of the fund in July 2014. Since becoming the sole Portfolio Manager, the product has outperformed its benchmark. Mr. Demirjian graduated from Tufts University in 1983 with a B.A. in economics, and received his MBA from Babson College in 1991. He currently serves on various boards including the Francis Ouimet Scholarship Fund, The Perkins School for the Blind Trust Board and the Board of Advisors at Tisch College at Tufts University. He is also a member of the Investment Committee at The Perkins School for the Blind, and The Fessenden School where he was a trustee from 2004 to 2010. Profile
TWST: I thought maybe you could tell me a little bit about the firm and then go into your investing strategies, your philosophy and the processes that you use.
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