“I think what we’re seeing is this fundamental transition from growth stocks to value stocks as people fear the fed.” Hear more on Bloomberg Businessweek from our founder Darrell Crate on fed rate hikes and potential for recession in 2022 (21:10).

“What we’re seeing is a changing dynamic. There’s quite a bit of growth opportunities in the value space in industries across the board.” Check out PM Jessica Bemer’s take on the volatile start to earnings season on Bloomberg TV’s latest segment of The Close.

“Risk of volatility is going to be higher than investors have seen in the past.” Watch PM & Global Macro Strategist Arnim Holzer’s takeaways from Friday’s job report and opportunities in emerging markets on TD Ameritrade.

“It’s always comforting to have a management team come in and tell you how undervalued they think their shares are,” says PM Anne Wickland. Read more in the Wall Street Journal on why she and her team are excited about stock buybacks.

Co-CIO Jack Murphy’s bread and butter is all about buying “hidden stories inside of companies that attract valuations.” Read more about how these “hidden stories” are helping him beat the S&P 500.

“Investors might not be as diversified as they think,” says PM Arnim Holzer. “If you have assets that don’t benefit from volatility going up, you will lag in the market.” Hear more on why a risk management strategy is the most powerful tool in an investor’s toolbox on Chuck Jaffe’s MoneyLife podcast.

“There’s certainly a lot of relief across the board” says PM Jessica Bemer regarding positive third quarter earnings. Read more on the market’s recent encouraging rally in the Wall Street Journal.

“The rhythm of the market this year has been one of 3 steps forward, 1 step back.” Watch PM Jessica Bemer’s take on what Black Friday will tell us about the market on Bloomberg TV’s The Close.

Easterly’s Maritime Logistics Equity Partners (MLEP) has rapidly followed its debut in the chemical segment by snapping up a second pair of stainless-steel chemical tankers — and is starting a second, larger fund to buy more. Read more in TradeWinds’ article.

“Turkey supply is down 60% this year.” Hear more from PM Jessica Bemer on supply chain issues impacting our holidays and the markets, as well as her take on GE’s breakup on Bloomberg Radio (at 28 mins).

PM Anne Wickland: “If the market is ripe for a correction, ‘tis the season for one. Most selloffs seem to occur at the end of the third quarter, beginning of the fourth as investors start to adjust future expectations.” Read more in Bloomberg’s Markets Wrap.

Chairman Darrell Crate outlines what Easterly Investment Partners’ partnership with Snow Capital means for the next phase of growth. Read more in FundFire’s article.

PM Evan Ratner on SPAC volatility: “It’s going to be more violent. Unless government-bond yields record a sustained drop, volatility is here to stay.” Read more in WSJ’s article titled Volatility Hits the Sizzling SPAC Market.

PM Evan Ratner: “With many SPACs trading at premiums, the alpha has been chased out and the returns have become more normalized, [we are] taking a value-oriented approach to selecting SPACs and investing in undervalued companies that are mispriced because they went public via SPACs.” Read more in this Business Insider article on SPAC investing strategies.

Portfolio Manager, Evan Ratner, is quoted in Seeking Alpha’s article about why and how to invest in SPACs.

Easterly Alternatives’ joins a SPAC sponsor and company leader that has gone public via a SPAC to address the potential suitability of a SPAC allocation within an institutional portfolio.

Darrell Crate, Managing Principal of Easterly Alternatives, spoke to CNBC about the pros and cons of going public via an IPO vs. a SPAC.

Levin Easterly Partners SPAC Strategist, Evan Ratner, contributes to CNN ‘More new stocks, please! Companies are rushing to IPO before the election’

Darrell Crate, Managing Principal of Easterly Alternatives LP, spoke to Bloomberg about SPAC Fund I

Levin Easterly Partners, sub-advisor to Easterly Alternatives, SPAC strategist, Evan Ratner, contributes to CNN article, ‘More new stocks, please! Companies are rushing to IPO before the election.’

Levin Easterly Partners President, Sam Hendel, contributes to Bankrate article ‘IPOs have gone red hot in 2020: Here are 7 big names to watch

Levin Easterly Partners President, Sam Hendel, speaks with Reuters ‘U.S. earnings recovery may be faster than in previous crises’

Levin Easterly Partners President, Sam Hendel, contributes to CNN article, ‘Expect stock market fireworks in the next few months. Here’s how to survive.’

Levin Easterly Partners President, Sam Hendel, contributes to Forbes
article, ‘Conservative Retirement Investors, This Might Spark The Return
Of Value Stocks.’

Levin Easterly Partners President, Sam Hendel, contributes to Reuters article ‘Wall Street falls on Powell’s grim outlook.’

Levin Easterly Partners President, Sam Hendel, speaks with anchors Lisa Abramowicz and Paul Sweeney on why he’s following the 2008 playbook.

Sam Hendel, Levin Easterly Partners President, contributes to Forbes article ‘The Coronavirus Is Becoming A Public Relations Disaster For China.’

Chris Susanin, co-portfolio manager at Levin Easterly, shares his thoughts on vehicle safety from General Motors’ recent investor day.

Jack Murphy, CIO at Levin Easterly, discusses how he uses catalysts as part of his fundamental research.

Chris Susanin, co-portfolio manager at Levin Easterly Partners, comments on the long-term prospects for General Motors for a Reuters story that was also syndicated by CNBC.com and The New York Times.

AT&T Chief Laid Plans for His Exit. That Set Off an Activist Challenge.

Easterly takes majority stake in Levin Capital’s institutional business

Easterly Partners Group, a money management holding company, has acquired a majority stake in the institutional investment business of long-only money manager Levin Capital Strategies, a spokeswoman said.

Terms of the deal, which closed April 1, are not being disclosed. As a result of the acquisition, Easterly formed a new firm, Levin Easterly Partners, which is 65% owned by Easterly and 35% by the new firm’s investment and management team. Levin Capital Strategies’ institutional business was 100% owned by founder John A. Levin, who will continue to manage portfolios through Levin Capital Strategies’ remaining business and serve as a strategic adviser to the new firm.

Jack Murphy, previously portfolio manager at Levin Capital Strategies, will serve as chief investment officer of the new firm, while Darrell Crate, managing principal of predecessor firm Easterly Partners, will serve as chairman, and Mike Collins, managing director and head of business development and head of business development at Easterly Partners, will lead marketing and distribution for the new firm.

Levin Easterly Partners has about $6.1 billion in assets under management.

Contact Rob Kozlowski at Rkozlowski@pionline.com · @ kozlowski_pi