HOUSTON, TEXAS – September 21, 2016 – Bridgeway Capital Management (Bridgeway), an independent, statistically driven investment manager, announced today that Devin Benton has joined the firm as Director, Institutional Sales and Client Relations.

In this new position for Bridgeway, Benton will develop relationships with institutional clients such as public plans, foundations and endowments, as well as the consultants who serve them. Bridgeway’s recent success with institutional clients has come from a shared goal of providing better outcomes for investors. Benton will help strengthen these relationships by listening to the needs of institutional clients and matching them with the discipline and expertise that Bridgeway offers.

“We have seen how our investment philosophy resonates with the institutional market, and we needed a special kind of person to help us bring it to a wider set of investors,” says Tammira Philippe, President of Bridgeway Capital Management. “We are delighted we found someone of Devin’s caliber who believes in our evidence-based investment process, shares our commitment to putting investors first, and also wants to make a difference in the world.”

Benton comes to Bridgeway with more than 15 years’ experience in the investment industry, with a strong focus on serving public and corporate plan sponsors, foundations and endowments, and investment consultants. Prior to entering financial services, Benton served as an officer in the U.S. Army, achieving the rank of Captain.  Leading teams comprised of individuals from a wide range of cultures and backgrounds demonstrated the value of diverse perspectives in building teams, working toward common goals and achieving shared success. He believes those skills are critical to successful outreach to a range of potential clients, from the largest institutional investors to small municipal plans and family foundations.

Bridgeway’s unique corporate culture, which includes a pledge to donate 50% of profits to charitable organizations, also offered Benton a chance to better align his private-sector career with his personal commitment to serving others.

“I have yet to see another firm in the industry that offers Bridgeway’s combination of world-class investment strategies and record of delivering exceptional results, along with the values and principles that our firm lives by every day,” says Benton. “I’m excited to be working at a place that is committed to doing everything it can for clients, while also serving our communities in incredibly impactful ways.”

Benton will report to Dick Graf, the head of Bridgeway’s Marketing and Client Service team. He plans to spend much of his time on the road, meeting with institutional investors and consultants to show how Bridgeway’s expertise can help them meet their own fiduciary responsibilities.

About Bridgeway Capital Management

Bridgeway Capital Management, Inc., offers expertly designed investment strategies, mutual funds and sub-advisory services to select institutions and advisors. 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 www.bridgeway.com.

Media contact:

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