Inverdale Capital Management Partners with Ballast Asset Management

DALLAS, Jan. 30, 2018 /PRNewswire/ -- Inverdale Capital Management ("Inverdale"), an asset manager focused on alternative investments, today announced a strategic partnership with Ballast Asset Management LP ("Ballast"). Ballast, founded in 2015 and led by Portfolio Manager Ragen Stienke, pursues a value-oriented, long-only strategy focused on investments in publicly-traded small and mid-cap equities. Prior to founding Ballast, Stienke served as Senior Portfolio Manager for Westwood Management's SMidCap Equity strategy. Stienke and his team will join Inverdale and operate as a wholly-owned independent subsidiary.

"We are excited to partner with Ragen in scaling his strategy," commented Ryan Small, managing partner of Inverdale. "We have tremendous confidence in Ballast's fundamentally driven investment process and Ragen's ability to extend the strategy's historical success."

Ballast will maintain its research and portfolio management independence and leverage Inverdale's institutional-quality infrastructure to support the next phase of its growth.

"Our partnership will create synergies that will enhance our ability to generate results for both current and future investors," said Stienke.  "Ballast and Inverdale both have cultures of collaboration, team chemistry and shared values that will be strengthened through the combined organization."

About Inverdale Capital Management
Inverdale Capital Management is an investment management company headquartered in Dallas, Texas. Inverdale is focused on alternative investments and offers hedged, long only, and private equity strategies. The firm's investment discipline is centered on process, anchored in integrity, and focused on results.

About Ballast Asset Management
Ballast Asset Management pursues a value-oriented, long-only strategy focusing on investments in small and mid-cap equities.

Media Contact:
Blayn Smith
(214) 396-4041

SOURCE Inverdale Capital Management