I was a relatively early investor in the original Fasciano Fund. I made a modest initial investment and received a hand-written letter of thanks from Mike Fasciano. I was impressed. A few years later I sold my shares when enough changes had occurred that I could no longer tell for sure who owned the fund or what its name was. Today reading the updated story I am finding some oddities. I am reading that the launch of ASAFX was in December of 2009 and its dissolution occurred two months earlier in October 2009. This is a typo or an anachronistic anomaly, or... ? And after reading the entire article I'm not sure if Michael Fasciano is retired or has returned to managing a fund. I think this may be because there are elements in the article from 2010 that were accurate at the time.
Comments
Fasciano Associates, today, doesn't have a website and I couldn't find a Form ADV for it. Mike has a LinkedIn but has never posted. The regulatory filings place the HQ at his home in Lake Forest. From that, I'm assuming he's now a "private investor" which sort of looks like being retired.
David
On November 10, 1988, Fasciano Fund launches.
On March 23, 2001, the Neuberger Berman Fasciano Fund acquired 100% of the assets and liabilities of the Fasciano Fund (as a cost of $94,278.79). On August 15, 2008, Neuberger Berman Genesis acquired all of the net assets of Neuberger Berman Fasciano Fund.
On December 30, 2009, Aston/Fasciano Small Cap Fund launches.
On December 30, 2010, Aston/Fasciano liquidates, following Mr. Fasciano’s October decision to do so.