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
Vice-Chairman
Entrepreneur

Staley Cates is the Vice-Chairman of Southeastern Asset Management, Inc., an independent global investment management firm. Southeastern manages over $15 billion as the investment advisor to the Longleaf Partners family of mutual and UCITS funds and to separately managed institutional accounts. Mr. Cates joined Southeastern in 1986. Morningstar named him and Mason Hawkins, Domestic Equity Fund Manager of the Year in 2006, for which they were also nominated in 2003 and 2009. In 1998 Money magazine called Longleaf “The Best Mutual Fund Family in America.”

Cates attended the University of Texas and holds a Bachelor’s degree in Business Administration. He is a Chartered Financial Analyst. He is Co-Founder of New Hope Christian Academy and was a founding board member of the Soulsville Foundation, Memphis Athletic Ministries, and the Memphis Grizzlies Charitable Foundation. He serves as Chairman of the Poplar Foundation, which supports various educational initiatives in Memphis. He was the Governor’s appointee to the Transition Planning Commission in 2011-2012 for the consolidation of Memphis City Schools and Shelby County Schools. He was involved in the original efforts to redevelop the original Stax Records site, to bring the Grizzlies to Memphis, and to redevelop the Sears Crosstown building into Crosstown Concourse.

Description of Business:

The company is a $15 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