Overview
Description of Firm
Channing Capital Management, LLC ("Channing," the "Firm" or we/us/ours), a Delaware limited liability
company, is an investment adviser registered with the SEC. The Firm is based in Chicago, IL and, has
provided investment advisory services since 2003. Channing is led by Rodney Herenton and Wendell
Mackey, the Firm's co-founders.
Investment Management Services
Channing provides investment management services to investment companies, charitable
organizations, Pension and profit sharing plans (but not the plan participants or government pension
plans), state or municipal government entities (including government pension plans), institutional
investors, other investment advisers, separately management accounts, insurance companies, and
pooled investment vehicles. Channing specializes in value investing and offers the institutional
marketplace small-cap value, small-mid cap value, large-cap value, and all-cap value U.S. domestic
equity investment portfolio strategies.
Channing participates in wrap fee programs and provides continuous portfolio management and
advisory services to model-based unified managed account platforms and programs.
Advisory services are described in investment management agreements ("IMA") negotiated with clients
prior to provision of advisory services.
All information contained in this brochure is based on the advisory services that Channing offers. No
disclosure or other statement contained in this brochure serves as a substitute or shall supersede any
of the terms and conditions in the IMAs. To the extent any of the statements herein conflict with the
IMAs, such IMAs shall govern, and Channing and its clients will be bound by the terms, fees,
conditions, risks and other relevant information contained in the IMAs.
Assets Under Management
As of 12/31/2023, discretionary $3,501,657,154 and non-discretionary $18,070,361.