What Cramer Rosenthal McGlynn LLC. does

Cramer Rosenthal McGlynn, LLC (CRM) is a 100% employee-owned, U.S.-domiciled value equity investment manager founded in 1973 and headquartered in Stamford, Connecticut. The firm specializes in active U.S. small and mid-cap value investing, applying a single time-tested investment philosophy — focused on change, neglect, and intrinsic value — across multiple product vehicles: separate accounts, mutual funds, UCITS funds, Collective Investment Trusts (CITs), and private long/short funds. As of March 31, 2026, CRM managed $2.1 billion in total Assets Under Advisement, of which $1.6 billion was discretionary and $490 million was non-discretionary. The five separate account strategies range from Small Cap Value ($249M AUM) to Small/Mid Cap Value ($740M, the flagship strategy), with concentrated 35-50 stock portfolios and active share consistently above 90%.

CRM serves institutional clients — corporate and public pension plans, endowments, foundations, hospitals, community and religious organizations, Taft-Hartley and multi-employer funds, and private banks (sub-advisory) — as well as high-net-worth individuals and family trusts. Distribution combines direct institutional sales, sub-advisory relationships with private banks, a December 2019 distribution partnership with FLX Distribution for mutual funds, and a May 2021 CIT vehicle with Great Gray Trust Company for qualified retirement plans. Revenue is generated through recurring investment management fees disclosed in Form ADV Part 2; pricing is not publicly disclosed. The investment team of eight analysts (averaging 23 years of financial experience) is supported by dedicated trading, client service, marketing, compliance, operations, and IT functions. CRM is registered under the Investment Advisor Act of 1940, claims GIPS compliance verified from January 1, 1989 to December 31, 2025, is a 2017 PRI signatory, and a 2021 TCFD supporter.

Name

Cramer Rosenthal McGlynn LLC.

Legal name

Cramer Rosenthal McGlynn, LLC

Website

https://crmllc.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Cramer Rosenthal McGlynn is a 100% employee-owned U.S. value equity investment manager specializing in small and mid-cap value strategies, serving institutional clients and high-net-worth individuals through separate accounts, mutual funds, UCITS, CITs, and private funds ($2.1B AUA as of March 2026).

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Small-Cap Equity (Active) (FSAAAIAC)

akta.pro secondary industry

Fundamental/Discretionary Equity Long/Short (FSAHAAAA)

Keywords

• Value equity management
• Small cap value
• Mid cap value
• Institutional asset management
• Separate account management

Headquarters

HQ city

Providence

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management Fees: Fees charged for managing separate accounts, mutual funds, CITs, UCITS, and private funds on behalf of institutional and individual clients. Management fees are disclosed in Form ADV Part 2.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Cramer Rosenthal McGlynn is a 100% employee-owned U.S. value equity investment manager specializing in small and mid-cap value strategies. The firm offers five separate account strategies (Small Cap Value, Small/Mid Cap Value, Small/Mid Cap Select, Mid Cap Value, and All Cap Value), mutual funds, UCITS funds for non-U.S. investors, a Collective Investment Trust (CIT) for qualified retirement plans, and private long/short equity funds, all sharing a single investment philosophy centered on change, neglect, and relative valuation.

Product overview

Cramer Rosenthal McGlynn is a 100% employee-owned U.S. value equity investment manager specializing in small and mid-cap investing. The firm offers a unified investment philosophy applied across multiple product vehicles: five separate account strategies (Small Cap Value, Small/Mid Cap Value, Small/Mid Cap Select, Mid Cap Value, and All Cap Value), mutual funds, UCITS funds for non-U.S. investors, a Collective Investment Trust (CIT) for qualified retirement plans, and private long/short equity funds. All strategies share identical investment philosophy and process focused on change, neglect, and relative valuation in U.S. small/mid-cap equities. As of March 31, 2026, CRM manages $2.1 billion in total assets.

Differentiator

Problem solved

Functional benefit

Brands

• CRM: Internal brand abbreviation for Cramer Rosenthal McGlynn used throughout the firm's communications and investment strategies.

Products and services

• CRM Small/Mid Cap Value The flagship concentrated portfolio strategy investing in small/mid cap companies with market capitalizations similar to the Russell 2500 Value Index or S&P MidCap 400 Value Index, available as a separate account for institutional clients.
• CRM Small Cap Value A concentrated portfolio of small cap companies with market capitalizations similar to those in the Russell 2000 Value Index, available as a separate account for institutional clients.
• CRM Mid Cap Value A concentrated portfolio of mid cap companies with market capitalizations similar to those in the Russell Midcap Value Index, available as a separate account for institutional clients.
• CRM All Cap Value A broad market cap portfolio representing high conviction ideas, typically held across other domestic portfolios, available as a separate account for institutional clients.
• CRM Small/Mid Cap Select A concentrated portfolio of approximately 20 small/mid cap companies with market capitalizations between $250 million to $20 billion, spun off from the flagship Small/Mid Cap Value strategy, available as a separate account.
• CRM Small/Mid Cap Value CIT A collective investment trust vehicle for qualified retirement plans, managed by Great Gray Trust Company with CRM as sub-advisor, investing in small/mid cap equities within the Russell 2500 Value Index market cap range.
• CRM Mutual Funds Mutual fund versions of CRM's investment strategies available through the CRM Funds platform, serviced by Ultimus Fund Solutions and distributed via FLX Distribution and directly to advisors.
• CRM UCITS UCITS (Undertaking for Collective Investment in Transferable Securities) funds available to non-U.S. investors, distributed through crmucits.com.
• CRM Private Funds Long/short equity private funds offered to qualified investors, not publicly offered.

Quantifiable outcome

• Active share consistently above 90% across most strategies since inception
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Great Gray Trust Company, LLCcoreStrategic or Co-development Partner · 1 January 2021Great Gray Trust Company serves as Trustee to the CRM Small/Mid Cap Value CIT. CRM serves as sub-advisor to the CIT, managing the underlying investments. The CIT provides qualified retirement plans access to the Small/Mid Cap Value strategy.
• FLX DistributioncoreChannel Partner/ Reseller/ Distributor · 1 December 2019FLX Distribution partnership for distribution of CRM mutual funds. FLX Distribution provides a technology platform (RAMP) offering scale, flexibility, and access to modular services for wealth managers and advisors. The combined advisor-facing teams ensure greater client service, engagement, and awareness.
• Ultimus Fund Solutions, LLCminorOthersFund administrator for CRM Mutual Funds, providing transfer agent services. Address: P.O. Box 541150, Omaha, NE 68154. Phone: 800.CRM.2883.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pzena Investment Management: Pzena is a publicly traded, employee-influenced boutique manager focused on global and U.S. value equities, including a small/mid-cap value strategy. Closely comparable to CRM in philosophy (classic value, concentrated, high active share) and target client base (institutional and intermediary).
• Ariel Investments: Ariel is an employee-owned U.S. value equity boutique with deep small/mid-cap exposure (Ariel Focus, Ariel Small Cap Value, Ariel Mid Cap Value). Directly comparable to CRM in size, style, ownership structure, and institutional/intermediary distribution.
• Royce Investment Partners: Royce is a specialist in U.S. small-cap and small/mid-cap value investing, offering mutual funds and separate accounts to institutional and individual investors. Closely matches CRM's small/mid-cap value focus, mutual fund + separate account distribution, and long-tenured investment approach.
• Hotchkis & Wiley Capital Management: Hotchkis & Wiley is a large value-oriented boutique offering U.S. small/mid, mid, large, and all-cap value strategies through separate accounts and mutual funds. Direct comparable to CRM in value style, U.S. equity focus, and institutional-led distribution.
• Schneider Capital Management: Schneider is a small/mid-cap and mid-cap value boutique offering concentrated, high-active-share strategies to institutional clients. Direct comparable to CRM in product mix, philosophy, and boutique scale — notably, CRM's CFO previously served as Schneider's CFO/COO/CCO.
• Westwood Holdings Group: Westwood is a U.S. value equity manager with small-cap value, SMid value, and large value strategies sold primarily to institutional clients. Comparable to CRM in value style, SMid specialization, and institutional channel focus.
• Gabelli Funds: Gabelli is a well-known value equity specialist offering mutual funds, closed-end funds, and SMAs across small/mid/large-cap value strategies. Comparable to CRM in value style and multi-vehicle distribution; CRM's head of trading previously worked at Gabelli.

Broad incumbents

• Brandes Investment Partners: Brandes is a global value equity manager offering small-cap value, SMid value, and international value strategies via separate accounts, mutual funds, and UCITS. Broad incumbent comparable to CRM in value style and multi-vehicle (including UCITS) distribution, but with larger AUM and broader mandate.
• T. Rowe Price: T. Rowe Price is a large, diversified asset manager with active small/mid-cap value equity strategies, mutual funds, and institutional accounts. Broad incumbent that competes with CRM in the institutional and intermediary value equity space.
• ClearBridge Investments: ClearBridge is a large active equity manager with dedicated small/mid-cap value and mid-cap value strategies sold through institutional and retail channels. Broad incumbent that competes with CRM for value-oriented institutional and intermediary mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cramer-rosenthal-mcglynn

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cramer Rosenthal McGlynn LLC.