Some fundsters speak up and out constantly; others never talk in public. Leslie Norton of Barron's
offers a glimpse inside one of the most publicity shy mutual fund shops in the business: Primecap Management
| Howard Schow|
In 33 years, the Southern California-based growth shop has grown to $100 billion in AUM (including $80 billion in its own funds and Vanguard ones) and 35 employees. It's won domestic stock manager of the year twice in less than 15 years. And, the way Barron's
tells it, the Primecap team have maintained their firm's culture.
The deep dive profile includes a close look at both Primecap's founder (the late Howard Schow
, who chaired nearby titan Capital Group before starting up Primecap) and its current chairman (Theo Kolokotrones
, the only founding partner still PMing), as well as glimpses of other key PMs. The piece also details Primecap's particular, long-term outlook.
Oh, and it seems that the Primecap folks didn't talk to Barron's
for the article. They're still as publicity-shy as ever.
Neil Anderson, Managing Editor
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