SHELDON J. LIEBERMAN
Portfolio Manager and Principal
24 Years Industry Experience
Equity Owner

Mr. Lieberman joined HWCM in 1994, became Principal in 2001 and is a member of the firm's Executive Committee. In his role as portfolio manager, Mr. Lieberman plays an integral part in the investment research review and decision-making process and represents the Large Cap Fundamental Value and Large Cap Diversified Value strategies to current and prospective clients. He also provides expertise and insight into the energy/commodities and technology sectors. Prior to joining the firm, Mr. Lieberman was the chief investment officer for the Los Angeles County Employees Retirement Association ("LACERA"). At LACERA, he was responsible for overseeing the fund's investment activity, as well as developing and implementing investment policy, strategy and guidelines. Prior to his position at LACERA, he was manager of trust investments at Lockheed Corporation. Mr. Lieberman received his BA from UCLA and MBA from California State University, Northridge. In addition, he is Series 7 and 63 registered.

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