NAPERVILLE, Ill., July 2, 2012 /PRNewswire/ -- Calamos Investments, a global investment management firm, announced important developments in executing strategic growth initiatives to evolve its global investment platform and enhance investment resources for the existing investment team. With this in mind, we are pleased to announce the addition of the Calamos Value Equity Team. This three-person team meets our criteria for having a proven investment process and strong record of investment performance and risk management. As active, fundamental value investors, the team of Jeff Miller, Ariel Fromer and Tammy Miller joins the firm with a collective 44 years of investment experience. "We believe that value investing is an attractive, long-term opportunity that complements our investment capabilities in growth equities and convertibles. We are excited about the development of the Calamos Value Equity Team as we continue to focus on our mission to deliver investment excellence for our clients and drive growth and value for our shareholders," stated John P. Calamos, Sr., CEO and Co-Chief Investment Officer of Calamos Investments. Prior to joining Calamos, the team managed the American Independence Stock Fund (ISISX) beginning in May 2007. The Calamos Value Equity Team will assume management of the Calamos Value Fund (CVAAX), an all-cap value fund which was opened in 2002. The team will also be responsible for value strategies that Calamos will introduce to the institutional marketplace. For more information, please visit calamos.com. About Calamos Calamos Investments is a globally diversified investment firm serving the needs of institutional and individual investors for over 35 years. The company's clients include public and private pensions, foundations, endowments, corporations, financial advisors, families and individuals from around the world who have entrusted the firm with $33.0 billion in assets under management as of May 31, 2012. Calamos offers a range of global investment solutions - equity, fixed-income, convertible and alternatives - to work with clients' multi-asset allocation frameworks and achieve the goals of their investment programs.