Third Avenue Management founder Marty Whitman is stepping down from his post as co-chief investment officer, the Wall Street Journal's Eleanor Laise reports. Curtis Jensen will become the sole CIO.

Marty Whitman Third Avenue Management Founder

Whitman, 85, will continue to co-manage the New York City fund firm's flagship Third Avenue Value Fund.

In July of last year, Ian Lapey joined Whitman in running the value fund. Whitman has managed the fund since its creation in 1990.  

Edited by: InvestmentWires Staff, 


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE