General Investing >> Money Manager Interviews >> May 22, 2014
Ric Dillon serves as a Portfolio Manager for Diamond Hill Capital Management, Inc.’s Long/Short Fund and Portfolio Manager for Diamond Hill Investment Partners, L.P., a private investment partnership. He also provides significant leadership in his role as Chief Executive Officer. Mr. Dillon began his investment career in 1977 with Ohio Public Employees Retirement Systems. Mr. Dillon served as a Portfolio Manager at Loomis, Sayles & Company from 1986 to 1993, during which time the Detroit office became the top-ranking Loomis office in the company. In 1988, the firm replaced the previous valuation model of 25 years with Mr. Dillon's model, now the Diamond Hill Investment Model. Additionally, the Loomis Sayles Small Cap Fund that he started in May 1991 ranked number one in its Lipper category after its first 12 months of existence; period ending May 1992. From 1993 to 1997, Mr. Dillon was the President and Chief Investment Officer of Dillon Capital Management, which was acquired by Loomis, Sayles & Company, where he served as a Senior Portfolio Manager until April 2000. In May 2000, Mr. Dillon founded Diamond Hill Capital Management, Inc. Mr. Dillon earned a Bachelor of Science and a Master of Arts in business administration from The Ohio State University. He also holds a Master of Business Administration from the University of Dayton and holds the Chartered Financial Analyst designation. Profile
TWST: Please begin with an overview of the Diamond Hill Long/Short Fund.
Mr. Dillon: Our fund, which started as a long-only fund in the year 2000 and became long/short in the second