Adam is responsible for overseeing the formulation and implementation of Permit Capital’s investment strategy. He covers a rigorous process focused primarily on the various aspects of investment due diligence along with working to optimize the structure of client portfolios to maximize the expected level of risk adjusted return.
Prior to joining Permit, Adam served as Managing Director at McCabe Capital Managers, Ltd., where he oversaw the integration of McCabe Capital’s advisory efforts, as well as served as one of two portfolio managers on three-investment fund of funds products, including a hedge fund of funds and a socially responsible investment fund of funds, offered to clients of a number of major insurance carriers through Private Placement structures. Prior to joining McCabe, Adam spent four years at Donaldson, Lufkin and Jenrette where he worked with both retail and institutional clients to develop asset allocation plans and construct appropriate equity and fixed income portfolios.
Adam received his MBA (Finance) from St. Joseph’s University and a BA (Economics) from Rutgers University. He holds the Chartered Alternative Investment Analyst designation and is a member of the CFA Institute and the CFA Society of Philadelphia. He serves as Chair of the Board of Trustees at C.B. Community School, a private high school in Philadelphia dedicated to students from foster care. Adam is also on the Board of Directors of Bancroft, which is an organization serving children and adults with developmental disabilities, as well as Women’s Way. He is also on the Advisory Board of the Field Center for Children’s Policy, Practice and Research at the University of Pennsylvania, an interdisciplinary effort of Penn’s Schools of Social Policy & Practice, Law, Medicine, and Nursing and the Children’s Hospital of Philadelphia, focused on child welfare reform.
Adam has a son on the spectrum and is very active in supporting the autism community.