In rational markets deep fundamental value will be recognized. In periods of uncertainty, small cap equities, without robust analyst coverage, will be valued inefficiently.
Mr. Bortel launched Bortel Investment Management LLC in May 2010. Prior to this date Mr. Bortel was a general partner and co-portfolio manager of Pegasus Investment Management LLC, Bainbridge Island, WA (Seattle Area). Mr. Bortel joined Pegasus in March 1999 as Principal Security Analyst and Associate Portfolio Manager. Prior to joining Pegasus, Mr. Bortel served as Portfolio Manager for Inverness Partners in Mill Valley, California, where he helped manage a global financial services sector fund.
Mr. Bortel received an MBA from Pacific Lutheran University and a BA in Psychology from the University of Puget Sound. He has a broad background in the areas of banking, economics, balance sheet analysis, and commercial real estate valuation.