James C. Bacon Joins Turner Investment Partners as Security Analyst/Portfolio Manager

Business Wire, July 9, 2004

BERWYN, Pa. -- James C. Bacon has been named a security analyst/portfolio manager in the Growth Equity Investing Team at Turner Investment Partners, an investment-management firm that invests more than $12 billion on behalf of institutions and individuals.

In this position Mr. Bacon, 28, helps cover the health-care sector of the stock market for all of Turner's institutional growth-stock portfolios and mutual funds. Based in Berwyn, Pennsylvania, Turner is employee-owned and was founded in 1990.

Mr. Bacon becomes the sixteenth member of Turner's Growth Equity Investing Team. His appointment supports the growth in Turner's investment services and individual responsibilities of the team; Turner's assets under management have more than tripled since 1999. He reports to Frank L. Sustersic, senior portfolio manager/security analyst and a principal of the firm.

Mr. Bacon, Mr. Sustersic, and Heather Flick McMeekin, security analyst/portfolio manager, constitute one of five analyst teams that are assigned to oversee the 10 market sectors for the firm's growth-stock portfolios. The other analyst teams cover the consumer, cyclical, financial-services, and technology/telecommunications sectors. Such a sector orientation is a distinguishing aspect of Turner's growth-stock investment process. The teams cover their market sectors across all capitalization ranges and make investment recommendations on stocks in those sectors.

Mr. Bacon most recently served as an equity research analyst covering the medical devices/supplies industry at MFS Investment Management.

He earned a bachelor of science degree in finance at Boston College in 1997 and an MBA degree at the University of Chicago Graduate School of Business in 2004. He holds the Chartered Financial Analyst designation and has relocated to the Philadelphia area from Chicago.