Meros Investment Management, established in 2019, is dedicated exclusively to U.S. Microcap equities, aiming to deliver compelling risk-adjusted returns for its clients. The seasoned team at Meros has extensive experience managing assets for pensions, endowments, foundations, and mutual fund clients on a global scale, navigating through multiple market cycles with expertise.
Mr. Timothy D. Chatard serves as the Chief Investment Officer and Portfolio Manager at Meros Investment Management L.P. Before founding Meros, he was the Director of Research and Portfolio Manager at Quantum, where he managed concentrated equity portfolios and initiated the microcap strategy that later became the foundation of Meros. Mr. Chatard also contributed to a highly successful microcap strategy at Sterling for ten years. His earlier career includes a role as Managing Director at Tano Capital LLC and a tenure at Morgan Stanley from 1991 to 1994, where he worked in both New York and Tokyo. Mr. Chatard earned his undergraduate degree from the University of California, Berkeley, in 1991, and his MBA from Harvard Business School in 1996. He is an active member of the CFA Institute and the CFA Society of San Francisco.
Meros Investment Management is a prominent advisory firm, managing discretionary assets worth $214,959,000 as of their Form ADV filing on March 2024. Serving ten clients, their most recent 13F filing for Q1 2024 reported $223,652,311 in managed 13F securities, with a top ten holdings concentration of 44.25%. The firm's largest holding is Photronics, Inc., with a total of 443,674 shares.
