Daily News: April 9, 2013

SG Capital Management Expands Team

SG Capital Management said it appointed Ethan Steinberg as senior managing director. Steinberg will share responsibility for idea generation with the equity analyst team and portfolio management along with the firm’s two founding partners, Ken Grossman and Glen Schneider.

Steinberg spent the last 16 years at Friess Associates focused on the investment management activities of the Brandywine Funds. He began his career in 1997 as a research manager, in 1999 was promoted to researcher and then research team leader (portfolio manager). For the last five years, in addition to managing his own team, he assisted with CIO functions overseeing the Brandywine Funds entire portfolio.

“We are excited to have Ethan join our team. We feel that he will add significant value and depth to our existing team’s efforts in generating actionable ideas,” said Grossman.