Strategic Capital Advisors, LLC, Brokers Another Key Acquisition for Pioneer Investment Management, Inc.

Investment Banker Assists Pioneer in $42 Million Asset Acquisition.

Ft. Lauderdale, FL (PRWEB) May 11, 2005 -- Strategic Capital Advisors, LLC, led by founder Arthur J. Drago, brokers a key strategic purchase for Boston-based Pioneer Investment Management, Inc.

"This overall five-star rated fund, ranked by Morningstar in the top 2% of funds in its class, further enhances our medium and large-cap equity lineup," says Osbert Hood, Pioneer Chief Executive Officer and President. "Its emphasis on 'classic value' stocks and its relatively focused portfolio complement our more broadly diversified value funds."

Cullen Capital Management, LLC, which previously managed the Fund, now serves as its investment sub-adviser. James P. Cullen, the firm's founder and President, continues his role as the Fund's portfolio manager. "Buying stocks with low price to earnings ratios, low price to book ratios, and high dividend yields is a key to the Fund's five-star rating," says Cullen. "We pay strict attention to companies that meet quality standards related to their debt and balance sheet."

New York-based Cullen Capital Management, LLC, is an affiliate of Schafer Cullen Capital Management, founded in 1983. The firm manages over $1.3 billion for institutions and high net worth individuals, and is a leader in "value investing."

This strategic acquisition is a great cultural fit for both parties," says Arthur J. Drago, who elaborates by stating, In this type of structured deal, the degree of cultural fit is one of the most reliable indicators of the newly-formed relationships potential for long-term success."

Strategic Alliance Group, LLC (retained executive search) and Strategic Capital Advisors, LLC (mergers and acquisitions) are both wholly owned subsidiaries of Drago Holdings, LLC.

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