BPV Capital Management Expands Institutional Market Presence with $1.65 billion CBAM Acquisition

KNOXVILLE, Tenn., April 7, 2015 /PRNewswire/ -- BPV Capital Management (BPV) has acquired Cain Brothers Asset Management (CBAM), an institutional investment manager based in Orlando, Florida. This acquisition, which will see CBAM become a wholly-owned subsidiary of BPV, raises the combined assets of all BPV companies to $1.93 billion. More importantly, the addition of the CBAM team increases BPV's ability to serve institutional clients.

"We are excited to welcome CBAM to the BPV family," said Michael West, CEO of BPV Capital Management. "Every investor, from someone in a 401(k) plan to an institutional investor, is trying to secure their future. Our goal is to provide access to a broad range of tools to help in that journey. Our tag line sums up that purpose: 'Access your back porch vista.' We believe our unique mentality will benefit institutional investors just as it has benefitted our retail and advisory audiences." All six members of the CBAM team from offices in Orlando and Denver, including four portfolio managers, will remain with the new subsidiary, providing uninterrupted service to CBAM's client base. In addition, CBAM's Indianapolis-based Chief Executive Officer, Tim Sheehan, will be named Senior Vice President of BPV Capital Management.

"Our risk-aware strategies and overall investment philosophy fit perfectly with BPV's approach," said Sheehan. "With this combination, our experienced team of investment professionals will gain access to BPV's established and sophisticated infrastructure." In addition to marketing and distribution support, the CBAM portfolios will benefit from enhanced risk management strategies and software designed by the company's Shrewsbury, NJ office, a recent acquisition of BPV.

"This partnership really achieves two goals," says West. "We not only provide our current clients access to a greater range of sophisticated fixed income and equity strategies previously available only to wealthy individuals or institutions. But we also give CBAM's existing clients—and the institutional market at large—access to our risk-aware investment strategies and expertise."

About BPV Capital Management
BPV Capital Management, or Back Porch Vista, is built on the simple belief that all investors deserve a stable financial future. We believe that everyone has their own back porch vista, a vision of where they'd like to be. We help our clients get there though access to sophisticated, actively managed investment solutions that are attentive to risk and disciplined across market cycles. Helping each investor reach his or her true financial vista is our single measure of success.

The BPV family of companies manages $1.93 billion as of 4/1/2015. It is headquartered in Knoxville, Tennessee. The firm and its subsidiaries offer separately managed accounts and mutual funds to investors of all sizes.

SOURCE BPV Capital Management