In Search of Small Wonders
Kempton Ingersol’s job is considerably more fun than the average portfolio manager. Ingersol, who is the managing director and senior portfolio manager at Brown Capital Management (No. 13 on the be asset managers list with $1.2 billion in assets), is charged with identifying investment-worthy small-cap companies whose innovative technologies or groundbreaking business models show big promise. Small-cap firms are those whose outstanding shares are valued between $250 million and $1 billion.