THE PRIVILEGE OF BEING ABLE TO HAVE DREAMS, IDEAS AND GOALS COME TO FRUITION, IS THE CORE OF WHAT WE ARE ABLE TO EXPERIENCE BECAUSE OF THE FREEDOMS THAT ARE OURS IN AMERICA.

- Denise Burnett Stewart

SMALL BUSINESS DRIVES THE AMERICAN ECONOMY. IT THRIVES AND SURVIVES NO MATTER WHAT MAY BE GOING ON IN THE MAIN ECONOMY.

- Dick Gadomski

UNLESS WE PROMOTE ENTREPRENEURSHIP, WE WILL NOT HAVE AN EXCITING BUSINESS ATMOSPHERE IN OUR COUNTRY.

- Allen B. Morgan, Jr.

STALEY CATES

SOUTHEASTERN ASSET MANAGEMENT
PRESIDENT

Staley Cates graduated from the University of Texas in 1986 and joined Southeastern Asset Management that same year. In 1994, Staley Cates took over as President of Southeastern Asset Management, an independently owned, registered investment advisory firm, advisor to the Longleaf Partners group of no-load mutual funds: Longleaf Partners Fund, Longleaf Partners International Fund and Longleaf Partners Small Cap Fund. Southeastern Asset Management also advises institutional accounts including endowments, foundations, public and private retirement funds. In 2006, Staley Cates and Mason Hawkins were Morningstar’s Domestic Equity Fund Managers of the Year. In 1998, Money Magazine titled Longleaf “The Best Mutual Fund Family in America”. Currently, Morningstar ranks 2 of the 3 Longleaf Funds at 5 stars, the highest ranking.

Staley has had an extremely impressive career but even more impressive is his work as a social entrepreneur. Staley is very active in the Memphis community. He is:

Co-Founder and board chairman of the New Hope Christian Academy

Founding Board Member and current Chairman of the Memphis Athletic Ministries

Founding Board Member of Soulsville

Founding Board Member of the Urban Youth Initiative

Staley was also instrumental in bringing the Grizzlies to Memphis.

Description of Business:

The company is a $43.0 billion, independently owned, registered investment advisory firm, advisor to the Longleaf Partners group of no-load mutual funds: Longleaf Partners Fund, Longleaf Partners International Fund and Longleaf Partners Small Cap Fund. It also advises institutional accounts including endowments, foundations, public and private retirement funds.

Year Business Founded:

1975

Year Inducted:

2008

Thoughts on Entrepreneurship:

“Great entrepreneurs act on the overlap between what they love to do, where their own greatest talents lie, and what delights their customers. In doing so, they create our country’s best jobs and most competitive products and services. The nation’s ability to feed and nurture those entrepreneurs, and their entrepreneurial spirit, will determine the U.S.’s economic future.”

For More Information: http://www.longleafpartners.com