Diamond Hill Investment Group, Inc. Appoints Richard Scott Cooley to Serve as Director
October 27, 2020 at 04:07 pm EDT
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October 26, 2020, the Board of Directors of Diamond Hill Investment Group, Inc. appointed Richard Scott Cooley to serve as a director of the Company for a term ending at the Company's 2021 Annual Meeting of Shareholders and until his successor is duly elected and qualified. The Board appointed Mr. Cooley, whom the Board determined is an independent director, upon the recommendation of its Nominating and Governance Committee. Mr. Cooley has been appointed to the Company's Audit Committee, Compensation Committee, and Nominating and Governance Committee.
Diamond Hill Investment Group, Inc. is an investment advisory and fund administration services provider. The Company operates through its wholly owned subsidiary, Diamond Hill Capital Management, Inc. (DHCM). DHCM is an investment adviser and administrator for the Diamond Hill Funds, a series of open-end mutual funds (the Funds). DHCM also provides investment advisory and related services to the Diamond Hill Micro Cap Fund, LP (DHMF), a private fund, as well as, separately managed accounts, collective investment trusts, other pooled vehicles, including sub-advised funds, and model delivery programs. The Company offers a variety of investment strategies designed for long-term strategic allocations from institutionally oriented investors. DHCM also provides strategy-specific model portfolios to sponsors of model delivery programs.