Charles joined First Manhattan in 1974 after two years at the Federal Reserve Bank of New York and 12 years at another Wall Street firm. During his early years at First Manhattan, he was mentored by one of the firm’s founders, Frits Markus, whose lessons he still tries to follow.
Charles originally joined First Manhattan as a broker and has been a Portfolio Manager for close to three decades. In addition to managing money for individuals, retirement and pension plans, endowments, and family offices, he is also responsible for the firm's Order Desk.
Portfolio construction and management
The core of Charles’s investment approach is rooted in one primary principle—not losing the client’s money. To that end, when evaluating potential investments, he places critical importance on the quality of the management teams of the businesses he owns, specifically focusing on how these executives deploy the capital their companies generate.