Mr. Malafronte has been a director of Adtalem since June 2016. Mr. Malafronte is a Founding Partner of International Value Advisers, LLC (“IVA”) and served as Managing Partner for 13 years until December 2020. He was responsible for overseeing all aspects of IVA, including company strategy and managing resources. He also served as President of IVA Funds. Prior to founding IVA in 2007, Mr. Malafronte was a Senior Vice President at Arnhold and S. Bleichroeder Advisers, LLC where he worked for two years as a senior analyst for the First Eagle Funds, owned by Arnhold & S. Bleichroeder Advisers, LLC. There he worked under Charles de Vaulx and Jean-Marie Eveillard within the Global Value Group for the value funds, including the First Eagle Overseas, Global, U.S. Value Funds as well as the offshore funds, inclusive of the Sofire Fund Ltd. Similarly, he was responsible for covering the oil and gas, media, real estate, financial services, and retail industries on a global basis, as well as companies within the United Kingdom, Germany, and Japan. Moreover, Mr. Malafronte was responsible for covering the larger names within the portfolio such as Pargesa Holdings, ConocoPhillips, Petroleo Brasileiro, SK Corp., News Corp., Dow Jones, and Comcast.
Prior to the First Eagle Funds, Mr. Malafronte worked for nine years as a Portfolio Manager at Oppenheimer & Close, a dually-registered broker dealer and investment adviser; an adviser on three domestic hedge funds, one offshore partnership and a registered investment adviser and broker dealer. While at Oppenheimer & Close, Mr. Malafronte assisted in the launch of a domestic hedge fund in 1996 and an offshore partnership in 1998. Mr. Malafronte was responsible for all facets of portfolio management for the investment partnerships, including idea generation, in-depth research, and stock selection. In addition to that, he was also responsible for hiring and training both operations staff and research analysts.
Mr. Malafronte earned his bachelor’s degree in Finance from Babson College.
What is Michael W. Malafronte's net worth?
The estimated net worth of Michael W. Malafronte is at least $628,716.00 as of May 5th, 2021. Mr. Malafronte owns 13,200 shares of Adtalem Global Education stock worth more than $628,716 as of April 25th. This net worth estimate does not reflect any other investments that Mr. Malafronte may own. Learn More about Michael W. Malafronte's net worth.
How do I contact Michael W. Malafronte?
Has Michael W. Malafronte been buying or selling shares of Adtalem Global Education?
Michael W. Malafronte has not been actively trading shares of Adtalem Global Education during the past quarter. Most recently, on Monday, February 14th, Michael W. Malafronte bought 40,500 shares of Adtalem Global Education stock. The stock was acquired at an average cost of $23.58 per share, with a total value of $954,990.00. Learn More on Michael W. Malafronte's trading history.
Who are Adtalem Global Education's active insiders?
Are insiders buying or selling shares of Adtalem Global Education?
During the last year, insiders at the sold shares 8 times. They sold a total of 136,413 shares worth more than $6,345,224.97. The most recent insider tranaction occured on December, 8th when CMO Maurice Herrera sold 4,200 shares worth more than $252,000.00. Insiders at Adtalem Global Education own 2.2% of the company.
Learn More about insider trades at Adtalem Global Education. Information on this page was last updated on 12/8/2023.
