NEW YORK, Jan. 3, 2013 /PRNewswire/ -- Stephen R. Burke, President & CEO, and Arnold R. Schmeidler, Founder & Chairman of A. R. Schmeidler & Co., Inc., the New York City investment management firm, have announced that Gregory S. Markel, an experienced and respected investment management professional, has joined the firm as a Portfolio Manager and Research Analyst.
Mr. Markel has 24 years of investment experience with a few highly-respected asset managers in New York and Massachusetts. Prior to joining A.R. Schmeidler, he was a Senior Investment Analyst at Iridian Asset Management. He also previously managed the FrontPoint Stadia Opportunity Fund, a $110 million global long/short hedge fund. Mr. Markel worked for State Street Research & Management in Boston for eight years, where he co-managed the SSRM Investment Trust, a $2.5 billion Growth and Income mutual fund. He previously served as a research analyst for seven years at Fidelity Investments. Mr. Markel started his career as a financial analyst in mergers and acquisitions at Morgan Stanley. He received a B.A. in Economics and Psychology from Brown University and received an M.B.A. from The Wharton School at the University of Pennsylvania.
Throughout its 40-year history, A. R. Schmeidler & Co. has served individuals and institutions with a time-tested investment approach and a focus on long-term results, according to Mr. Burke. He said, "Greg is another important addition to our seasoned team of professionals, including Arnold Schmeidler, Jared Levin, Andrew Schmeidler, Rich McCallum, and Sam Weinstock, investment professionals dedicated to the firm's multicap and balanced strategies." Mr. Arnold Schmeidler added, "Having known Greg for over a decade, we are confident that Greg will have an immediate impact on our investment results based on his strong background and experience."About A. R. Schmeidler & Co., Inc.Founded in 1971, by Arnold R. Schmeidler, A. R. Schmeidler & Co., Inc. is an investment management firm providing portfolio management services for both high net-worth individuals and institutional clients, with a focus on highly customized investment portfolios based on the specific investment needs, objectives, goals, sensitivities and expectations of each individual or institutional client. A. R. Schmeidler and Co. is a wholly owned subsidiary of Hudson Valley Bank, a Westchester based bank with more than $2.9 billion in assets, serving the metropolitan area with 36 branches located in Westchester, Rockland, the Bronx, Manhattan and Brooklyn in New York and Fairfield and New Haven counties, CT. Hudson Valley Holding Corp. is the parent of Hudson Valley Bank and its common stock is traded on the NYSE under the ticker symbol "HVB" and is included in the Russell 3000® Index. Additional information abut A. R. Schmeidler & Co. can be obtained on their web site at www.arschmeidler.com