Paul Stephens Nominated as Director of Sprott Inc.
25 Aprile 2012 - 3:02AM
PR Newswire (Canada)
TORONTO, April 25, 2012 /CNW/ - Sprott Inc. ("Sprott" or the
"Company") is pleased to announce that Paul H. Stephens has been
nominated to serve as a Director of the Company. Mr. Stephens is
the Chairman and Partner of Stephens Investment Management LLC, a
San Francisco based hedge fund and venture capital firm. He has
been a leading figure in west coast asset management and investment
banking for over forty years. Mr. Stephens was the co-founder
and Chief Investment Officer of RS Investments, a mutual fund firm
from 1998 to 2005. Prior to RS Investments, he was the
co-founder and Chief Investment Officer of Robertson Stephens &
Company and Robertson Stephens Investment Management from 1978 to
1998. Robertson Stephens, a boutique investment bank,
financed hundreds of Silicon Valley growth companies and was
acquired by Bank of America in 1997. Mr. Stephens is a past
Chairman of the Haas Business School Advisory Board at the
University of California at Berkeley. As an Adjunct Professor of
Finance at Haas in the 1990's, Mr. Stephens taught a thirty hour
class for ten years entitled "Investment Styles and Strategies" to
MBA students. He is also a former board member of Duke
University's Endowment (DUMAC) from 1994 to 1999, as well as a
director of the U.C. Berkeley Endowment. In 2002, Mr.
Stephens was named a Berkeley Fellow. Mr. Stephens holds both
BS (1967) and MBA degrees (1969) in Finance from the Haas School of
Business. "Paul Stephens is a leader in the North American asset
management industry and we are extremely pleased to have him
nominated to join our Board," said Eric Sprott, Chairman of the
Sprott Board of Directors. "We have recently expanded our
operations in the U.S. and look forward to Paul's counsel and
guidance as we seek to grow our presence in the U.S and globally."
About Sprott Inc. Sprott Inc. is a leading independent asset
manager dedicated to achieving superior returns for its clients
over the long term. The Company currently operates through four
business units: Sprott Asset Management LP, Sprott Private Wealth
LP, Sprott Consulting LP, and Sprott U.S. Holdings Inc.
Sprott Asset Management is the investment manager of the Sprott
family of mutual funds and hedge funds and discretionary managed
accounts; Sprott Private Wealth provides wealth management services
to high net worth individuals; and Sprott Consulting provides
management, administrative and consulting services to other
companies, including Sprott Resource Corp. , Sprott Resource
Lending Corp. and Sprott Power Corp. . Sprott U.S. Holdings Inc.
includes Global Resource Investments Ltd, Sprott Asset Management
USA Inc., and Resource Capital Investments Corporation. Sprott Inc.
is headquartered in Toronto, Canada, and is listed on the Toronto
Stock Exchange under the symbol "SII". For more information on
Sprott Inc., please visit www.sprottinc.com. Sprott Inc. CONTACT:
Investor contact information: (416) 203-2310 or 1 (877) 403-2310or
ir@sprott.com.
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