Company Profile
Hotchkis & Wiley
Company Overview
We believe that discipline and independent analysis are the keys to finding undervalued securities. While short-term market sentiment moves prices, long-term value is driven by a company’s ability to generate future cash flows. We favor companies with durable business models, strong balance sheets, and shareholder friendly capital allocation.
With fundamental research as our foundation, we encourage intensive, creative thinking at all levels and stages of our investment process. Our experienced industry analysts leverage their expertise across all market capitalizations and contacts across the globe to source new ideas. Our dedicated sector teams are structured to challenge analyst assumptions, actively debate investment theses, consider alternate views and, ultimately, capture investment opportunities.
Our philosophy and approach to the high yield market is anchored in the belief that a disciplined research-driven approach focused on asset valuation and coverage will minimize default losses and generate superior risk-adjusted returns.
Company History
Our firm was founded in 1980 by John Hotchkis and George Wiley who came together with a shared vision of how an investment management firm should operate. At the core of their vision was the belief that disciplined, independent analysis is the key to finding undervalued securities.
John Hotchkis was one of the commissioners of the 1984 Olympic Games in Los Angeles. He believed the Olympic torch symbolized truly admirable characteristics: integrity, drive, achievement, teamwork, and sportsmanship. In 1985 Hotchkis & Wiley adopted a torch as our logo. While we’ve modernized its look over time, it stays with us as do the legacies of our founders.