History

History

Established in 1999 to pursue opportunities arising from the Asian financial crisis, Dalton continues to follow a value-oriented, globally opportunistic investment philosophy, seeking opportunities in Asia equities, global equities or fixed income. To support the firm’s growth, the partners established Dalton’s Los Angeles headquarters in 2001 and began building a strong in-house operational, compliance and marketing infrastructure. Key events in Dalton’s history include:

YEAR HISTORICAL TIMELINE
1996 James B. Rosenwald III accepts long-only Asia mandate for two large institutions that remain clients today
1998 James B. Rosenwald III seeds Gifford Combs to manage Pacific and General Investments
Steve Persky receives mandate to manage Asia Distressed Debt Portfolio for large insurance company
1999 Dalton incorporates in California
2001 CEO Belita Ong joins Dalton as fourth partner