River Road Asset Management, LLC is an institutional investment management firm founded in April 2005 by R. Andrew Beck (Chief Executive Officer & Senior Portfolio Manager); Henry W. Sanders III, CFA (EVP, Senior Portfolio Manager); and James C. Shircliff, CFA (Senior Portfolio Manager). River Road was formed based upon its proprietary Absolute Value® investment discipline, a distinct portfolio management approach solely developed by River Road which is distinguishable from, and occupies a unique niche between, other types of investment styles.
Louisville, Kentucky-based River Road provides institutional separate account and investment sub-advisory services to a broad range of domestic and international clients. The firm manages more than $10.2 billion in total assets (as of December 31, 2022).
Total assets combine River Road’s (1) total firm assets (as defined by GIPS®) and (2) advisory-only assets (no control over implementation of investment decisions and no trading authority).