ClearBridge Investments, LLC

ClearBridge Investments is a privately owned investment manager that was founded in 2005. The firm acts as a subsidiary of Legg Mason Inc. Legg Mason has been in operation for a long time and is now the 20th largest assets manager in the world, managing over $700 billion in assets and having over 3000 employees. ClearBridge Investments was founded when Legg Mason completed a transaction with Citigroup that would result in the exchange of the company’s Private Client and Capital Markets divisions for Citigroup’s asset management business, which unified Legg Mason into a pure asset management firm. ClearBridge Investments’s establishment can be traced back to over 50 years ago, when various mergers occurred between companies such as Smith Barney, Loeb Rhoades, Davis Skaggs, Shearson, and Salomon Brothers in order to form the Citigroup Asset Management in 1998. A few years later, this division would go through the events that would make it ClearBridge Investments, a company with a singular focus on investment management. The company’s mission is to “deliver consistently superior risk-adjusted investment performance” using its research driven investing and the insights of experienced portfolio managers. As of 2015, the company has $118 billion in assets under management, over double of its $56.7 billion just five years prior. ClearBridge Investments is headquartered in New York with over 200 employees that include 34 portfolio managers, 29 research analysts, and 7 traders. Its investment vehicles include separately manager accounts, commingled funds, and mutual funds, which include the ClearBridge Aggressive Growth Fund, Global Growth Trust, and Tactical Dividend Income Fund, to name a few. Its clients are made out of an intermediary majority with institutional and offshore clients making up the rest. The assets of these clients are focused mainly in high active shares, which make up over half of its managed assets, and the rest split between income solutions and low volatility options.