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Houston, TX – March 3, 2025 – Bridgeway Capital Management, an investment firm known for its disciplined, research-driven strategies and commitment to stewardship, today announced the appointment of Merrillyn J. Kosier to its Board of Directors. Kosier brings more than four decades of leadership experience at some of

the most distinguished firms in the asset management industry and is a seasoned board member with a proven track record of brand development, strategic oversight, fiduciary responsibility, and growing assets under management.

Most recently, she served as Executive Vice President & Chief Marketing Officer, Mutual Funds at Ariel Investments, where she led all aspects of the firm’s mutual fund business, including strategic planning, distribution, marketing, advertising, media relations, digital assets and shareholder servicing. Kosier executed a multi-channel retail strategy that helped drive Ariel’s AUM from $4B in 1999 to $21B in 2004.

She also served as a Trustee on the Ariel Investment Trust Board from 2003 to 2019, where she played a crucial role in guiding the firm’s mutual fund business through a rapidly evolving investment landscape. Kosier currently serves on the Board of Directors at Miami Corporation Management, LLC, as a Trustee to the ALPS Series Trust, and as a trustee for the Harris Theater for Music and Dance, where she also served as Chair of the Board from 2022 to 2024 overseeing the organization’s 20th anniversary celebration. Her experience across multiple boards positions her as a valuable addition to Bridgeway’s governance, growth, and strategic planning initiatives.

“We are honored to welcome Merrillyn to our Board of Directors,” said John Montgomery, Founder and CEO of Bridgeway Capital Management. “Her extensive industry and governance experience, strategic brand insights, and demonstrated leadership will be invaluable as we fulfill our expanding mission to serve clients and community. Her energy and commitment are palpable.”

Before joining Ariel Investments, Kosier held senior marketing roles at Wanger Asset Management, advisor to the Acorn Mutual Funds, and Kemper Financial Services, where she honed her expertise in brand strategy, investor communications, and client engagement—experience that will greatly benefit Bridgeway’s board.

“I am delighted to join Bridgeway Capital Management’s Board of Directors,” said Kosier. “Bridgeway’s commitment to delivering investment excellence and best in-class-client experience, as well as its unique culture of giving back closely align with my personal values. I look forward to contributing my board expertise to support the firm’s growth and its mission to create a lasting impact.”

With a mission that extends beyond financial returns, Bridgeway Capital Management donates 50% of its profits to charitable causes and remains dedicated to using disciplined investment processes to create sustainable results for clients and communities alike.

For more information about Bridgeway Capital Management, please visit https://bridgeway.com.

About Bridgeway Capital Management

Bridgeway Capital Management, LLC, the Adviser to Bridgeway Funds, was founded in Houston in 1993 and manages approximately $4 billion (as of 12/31/24) in mutual funds, ETFs, and separately managed accounts. Grounded in academic theory and fundamental insights, Bridgeway employs disciplined, research-driven strategies to deliver exceptional investment outcomes. Bridgeway’s unique culture fosters a commitment to stewardship, and the firm donates 50% of its profits to philanthropic initiatives.

Media Contact
Tyler Bradford
Hewes Communications
212-207-9454

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Houston, TX – February 4, 2025 – Bridgeway Capital Management, an investment firm focused on stewardship and long-term, disciplined processes grounded in academic theory and fundamental insights, today announced the appointment of Seema Ackerman as Head of Distribution, Marketing, and Client Service.

“We are thrilled to welcome Seema to Bridgeway Capital Management,” said John Montgomery, Founder and CEO at Bridgeway Capital Management. “The alignment of Seema’s values with Bridgeway’s and her extensive experience in investment management distribution, marketing, and client services make her a perfect fit for our team. She will be instrumental in helping to drive our firm’s growth for years to come.”

“I am excited to join Bridgeway Capital Management and contribute to the mission of delivering exceptional value to clients and being a force for positive change,” said Mrs. Ackerman. “This is an exciting time at the firm, and I look forward to leveraging my experience to help Bridgeway expand its reach and build even stronger relationships with clients.”

Mrs. Ackerman will be responsible for enhancing Bridgeway’s messaging, expanding its distribution channels and marketing initiatives, as well as delivering exceptional service to its growing client base.

Mrs. Ackerman brings over two decades of experience in the financial services industry to Bridgeway Capital Management. Most recently, she was Managing Director in the Institutional Business at BlackRock.

Before BlackRock, Mrs. Ackerman was a Managing Director at Oxford Financial Group, developing and implementing investment strategies for ultra-high-net-worth clients at the privately held multi-family office.  Earlier in her career, Mrs. Ackerman, spent over a decade as a Vice President and Regional Director in the asset management division of Goldman Sachs. 

Mrs. Ackerman holds a Bachelor of Science in Finance with a minor in Technology and Management with honors from the University of Illinois at Urbana-Champaign. She also earned a Master of Business Administration from Northwestern University’s Kellogg School of Management.

Bridgeway, the corporate entity and the individuals who work there are committed to achieving sustainable results for clients, communities, and the world at large. Bridgeway’s mission and purpose is stated as, “A world without genocide. Partnering to create an extraordinary future for our clients, community, and world.” The firm has used several vehicles for giving grants including the Bridgeway Foundation, direct corporate giving, third-party outsourcing, and donor-advised funds. The discipline Bridgeway applies to their investing approach also applies to the firm’s giving program.

For more information about Bridgeway Capital Management, please visit https://bridgeway.com.

For more information about how Bridgeway gives back, please visit https://bridgeway.com/giving-back/.

About Bridgeway Capital Management

Bridgeway Capital Management, Inc., the Adviser to Bridgeway Funds, was founded in Houston in July 1993 and manages approximately $4 billion (as of 12/31/2024) in six mutual funds and two ETFs, as well as separately managed and sub-advised accounts. With a focus on long–term, disciplined, statistical processes grounded in academic theory and fundamental insights, Bridgeway’s research–driven strategies are committed to delivering exceptional returns for its clients. Bridgeway is also known for its unique culture and donates 50% of its profits to charitable causes.

Media Contact
Tyler Bradford
Hewes Communications
212-207-9454
tyler@hewescomm.com

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Bridgeway is an Eight-Time Honoree

Houston, Texas, December 11, 2023 – Bridgeway Capital Management (Bridgeway), announced it has been named one of the Best Places to Work in Money Management is one of the distinguished honorees in the 2023 Best Places to Work in Money Management awards announced today by Pensions & Investments. This is the eighth year that Bridgeway has been honored with the award.

Presented by Pensions & Investments, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

“As their employees attest, the companies named to this year’s Best Places to Work list demonstrate a commitment to building and maintaining a strong workplace culture,’’ said P&I Executive Editor Julie Tatge. “Even as firms grappled with volatile markets and ongoing stresses from the pandemic, their employees said they felt strong support from their managers, enabling them to do their best work.’’

“Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year. A strong workplace culture that supports talent, advocates progress, and drives innovation is paramount to driving the best outcomes, and these asset managers demonstrate that. Congratulations to the 2023 honorees for their commitment to employee well-being, attractive incentive structures, and talent development that demonstrate how investing in your employees can elevate our industry to greater heights,” said P&I President and Publisher Nikki Pirrello.

Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.

The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.

For a complete list of the 2023 Pensions & Investments’ Best Places to Work in Money Management winners and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023

About Bridgeway Capital Management

Bridgeway Capital Management offers expertly designed investment strategies, sub-advisory services, ETFs, and mutual funds to select institutions and advisers. Bridgeway believes that a disciplined statistical process –grounded in academic theory and fundamental data – drives success in long-term investing. Putting investors’ interests first is a hallmark of the firm’s unique culture and core business values of integrity, performance, efficiency, and service. Committed to community impact, Bridgeway donates 50% of its profits to non-profit and charitable organizations. More information on Bridgeway is available at bridgeway.com.

About Pensions & Investments’ Best Places to Work Survey

Pensions & Investments (P&I) partnered with Best Companies Group to conduct a survey of employers and their employees based on a lookback of 2023. On December 11, 2023, Bridgeway Capital Management was recognized as a distinguished honoree in the 2023 Best Places to Work in Money Management survey in the firm category size of 20-49 employees. Bridgeway does not pay to participate in the P&I Best Places to Work in Money Management survey but does pay for the rights to publicize the award.

Pensions & Investments is a global news source that provides timely and incisive coverage of events affecting the money management and retirement businesses. Since 2012, Pensions & Investments has conducted an annual survey and recognition program dedicated to identifying and recognizing best employers in money management industry. Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.  Pensions & Investments named 123 firms for 2023 (121 for 2022, 100 for 2021, 94 for 2020, 76 for 2019, 69 for 2018, 61 for 2017, 34 for 2015, and 29 for 2014) as Best Places to Work in Money Management.

Media Contact:
Tony Ledergerber, Bridgeway Capital Management
(832) 204-8218
tledergerber@bridgeway.com

For a PDF version of this announcement, please use the following link:
Bridgeway Best Places to Work Announcement