Adam B. Landau, CAIA
Co-Chief Executive Officer and Chief Investment Officer

Adam B. Landau, CAIA, serves as Co-Chief Executive Officer and Chief Investment Officer of Permit Capital Advisors, LLC. He is responsible for overseeing the formulation and implementation of the firm’s investment strategy.  This covers a rigorous process focused primarily on the various aspects of investment due diligence along with working to optimize the structure of client portfolios to maximize the expected level of risk adjusted return.

Prior to joining Permit, Adam served as Managing Director at McCabe Capital Managers, Ltd., working there from 1997 until 2011. Adam oversaw the integration of McCabe Capital’s advisory efforts. He also served as one of two portfolio managers on three fund of funds products, including a hedge fund of funds and a socially responsible investment fund of funds, offered to clients of a number of major insurance carriers through Private Placement structures. Prior to joining McCabe, Adam spent four years at Donaldson, Lufkin & Jenrette (DLJ) where he worked with both retail and institutional clients to develop asset allocation plans and construct appropriate equity and fixed income portfolios.

Adam received his M.B.A. (Finance) from Saint Joseph’s University and a B.A. (Economics) from Rutgers University. He holds the Chartered Alternative Investment Analyst (CAIA) designation and is a member of the CFA Institute and the CFA Society of Philadelphia. Adam serves as Chair of the Board of Trustees at C.B. Community School, a private high school in Philadelphia dedicated to students from foster care. He is also on the Boards of Directors of Bancroft, an organization serving children and adults with developmental disabilities, the Committee of Seventy, a government watchdog group in Philadelphia, and Women’s Way. He also serves on the Advisory Board of the Field Center for Children’s Policy, Practice & Research at the University of Pennsylvania, an interdisciplinary effort of Penn’s Schools of Social Policy & Practice, Law, Medicine, and Nursing, and the Children’s Hospital of Philadelphia, focused on child welfare reform.

Mimi Drake
Co-Chief Executive Officer

Mimi Drake serves as Co-Chief Executive Officer of Permit Capital Advisors, LLC. She is responsible for the business functions of the firm, and she contributes to the sourcing and evaluation of investment opportunities.

For six years prior to joining Permit Capital Advisors, LLC, Mimi served as the Chief Operating Officer and Chief Financial Officer of Defiance Asset Management, LLC. She was responsible for the strategic planning, financial management, marketing, client service, legal, and human resources aspects of the firm, and she also served on the risk management committee. Earlier in her career, she spent five years at Miller Anderson & Sherrerd/ Morgan Stanley Institutional Asset Management, where she worked on both the marketing/client service and portfolio management sides of the business.

Mimi received her M.B.A. in Finance from The Wharton School at the University of Pennsylvania in 1995 and her B.A. in Economics from Trinity College (cum laude) in 1990. She attended Harvard University’s Radcliffe Publishing Course in 1990 and spent three years in magazine publishing prior to Wharton. Mimi serves on the Board of Trustees at The Shipley School, Ben Franklin Technology Partners, Episcopal Community Services, The American Friends of the Royal Foundation, Drexel University’s Council for Energy and The Environment, and the Board of Directors of the 100 Women in Finance Association and Foundation (a global organization with over 15,000 members), where she recently served as Chair of the Board. Mimi also serves as a panelist for Wharton’s Advanced Management Program’s Social Entrepreneurship Class.

Matthew Taylor
Partner, Senior Member of Investment and Client Services

Matthew is a Partner at the firm, where he serves as a senior member of the investment and client service team.

Prior to Permit, Matt was Partner and Portfolio Manager at Cheswold Lane Asset Management, LLC, and international equity firm which he co-founded in 2006. Previously, he was a Partner and Portfolio Manager at Chartwell Investment Partners. At Chartwell, he managed U.S. large cap value equity portfolios, including the Chartwell Dividend Income Fund. Earlier, Matt worked at Miller Anderson & Sherrerd as a member of the portfolio management team of the Morgan Stanley Dividend Growth Fund and as a Research Analyst on the Morgan Stanley Institutional Value Trust. Prior experience includes Prudential Investments and Prudential International Investments, UMS Group and Fidelity Investments.

Matt received an M.B.A. degree from The Wharton School at the University of Pennsylvania and earned a Bachelor’s degree in Economics from Swarthmore College. He currently serves as a Trustee of the Lower Merion Township Police Pension and Employee Retirement Plans and is a Board Member of the Economy League of Greater Philadelphia. Prior to this, he served for eight years on the board of Lifecycle WomanCare (the Birth Center), the largest independent midwife led birthing center in North America, based in Bryn Mawr, PA.

Richard Worley
Senior Advisor

Richard serves as Senior Advisor to Permit Capital Advisors, LLC. Mr. Worley is Managing Partner of Permit Capital LLC which he founded in 2002. He began his career in 1970 as an economist at Goldman Sachs. In 1978 he joined Miller Anderson and Sherrerd, an independent investment management firm in the Philadelphia area. At MAS he was elected Partner in 1980 and Chairman in 1988, a position he held until the firm was acquired by Morgan Stanley in 1996. At Morgan Stanley he served in several capacities including as President and CEO of Morgan Stanley Investment Management. Mr. Worley holds a Bachelor of Sciences degree from the University of Tennessee. He also attended graduate school at the University of Texas for two years before joining Goldman Sachs.

Currently, Mr. Worley is the Chairman of the Philadelphia Orchestra Association a position he has held since 2009. He is also a member of the board of directors of Neuberger Berman, a global investment management company headquartered in New York City, a member of the American Philosophical Society, a director at Philadelphia Media Network and a director at Two River Theater.

He is a former trustee of the Robert Wood Johnson Foundation, the University of Pennsylvania and Penn Medicine, the National Constitution Center and he is a former director of the Colonial Williamsburg Foundation, the Independence Seaport Museum and the mutual funds board of Putnam Investments.

Kimberly Crowley
Chief Operating Officer and Chief Compliance Officer

Kimberly Crowley serves as Chief Operating Officer and Chief Compliance Officer for Permit Capital Advisors, LLC. In these roles Kim provides leadership, strategic vision, and oversight of the firm’s operations and client service. Kim works with the Client Service, Operations and Portfolio Management groups developing process enhancements and improving scalability and service. Additionally, Kim serves as Chief Compliance Officer for Permit Capital Advisors, LLC and oversees all aspects of firm’s regulatory compliance program and legal matters.

Previously, Kim worked at McCabe Capital Managers, Ltd. in a number of diverse roles for the firm including Director of Operations. In this role Kim oversaw all back-office functions including performance reporting and portfolio management system integration, and she contributed to the due diligence process with an eye towards analyzing manager operational efficiencies. Kim also served as a key point person in maintaining and managing client relationships.

Prior to joining McCabe Capital Managers, Kim served as Director of Operations for a family owned Registered Investment Advisor and as an analyst for Quellos Capital Management LLC, a fund of funds business. Kim received her Bachelor of Arts Degree in Accounting from Washington State University. Kim serves on the Board of Directors of Philadelphia Kids in Care, a non-profit group with an emphasis on education. Kim also served on a budget advisory board over a four-year period for her local school district.

William T. Curran, CIMA
Senior Member of Investment and Client Services

Bill serves as a Portfolio Manager and senior member of the investment and client service teams at Permit Capital Advisors, LLC.

Prior to Permit, Bill was a Vice President and Investment Officer of Hirtle Callaghan & Co. having joined the firm in 2006. In this role, Bill led the Mid-Atlantic Team’s building, investing and servicing of custom portfolios for family groups, educational institutions, foundations and trade associations. Prior to joining Hirtle Callaghan, Bill was an Assistant Vice President at Delaware Investments, promoting and servicing Delaware’s high net worth, endowment, foundation and pension money management programs throughout a Mid-Atlantic and Northeast geography. Bill served on active and inactive reserve duty in the United States Marine Corps from 2000 – 2008. Bill rose to the rank of Captain and was deployed to the Middle East.

Bill earned a Masters of Science degree in Business Administration from Boston University in 2005 and Bachelors of Science degree from Ohio Wesleyan University in 1992.   Bill is a Certified Investment Management Analyst, having received the designation in 2000 in conjunction with The Wharton School at the University of Pennsylvania.  He is a member of the Investments & Wealth Institute.

Kathy Freed, CFP®
Director of Impact Initiatives

Kathy serves as the Director of Impact Initiatives and is a member of the client service team at Permit Capital Advisors, LLC.

Prior to Permit, Kathy was Director of Client Service at Threshold Group in Philadelphia. Previously, she was the market leader for Citizens Private Bank in Philadelphia. Earlier, Kathy worked at Convergent Wealth Advisors, U.S Trust and Pennsylvania Trust Company. She started her career at CoreStates Investment Advisers in Institutional Sales. Kathy has served on the Boards of the World Affairs Council of Philadelphia, People’s Emergency Center and the Wilma Theater. She is a member of the Forum of Executive Women and the Philadelphia Estate Planning Council.

Kathy earned a Bachelor’s degree in religion from Hamilton College. She holds the Certified Financial Planning designation.

Yelena Pelimskaya, CFA
Director of Research

Yelena serves as the firm’s Director of Research.  She is responsible for due diligence on all new and existing managers and oversees all aspects of the research process. Previously, she spent seven years at Veritable, LP, one of the largest fee-only registered investment advisors in the U.S., where she focused on manager research across a multitude of asset classes.  In this role, Yelena’s responsibilities included performing due diligence on traditional and alternative strategies, as well as carrying out quantitative and risk analytics.

Yelena received her Master’s Degree in Economics and Bachelor of Science Degree in Astrophysics with Highest Honors from Lehigh University.  She holds a Chartered Financial Analyst (CFA) designation and is a member of CFA Institute and CFA Society of Philadelphia.

Timothy Ringelstein
Analyst

Timothy serves as an Analyst at Permit Capital Advisors, LLC. Previously, he spent three years at Alcatel-Lucent Investment Management Corporation, where he focused on public markets investments and risk management for the company’s defined benefit and defined contribution plans.  In this role, Tim’s responsibilities included investment manager due diligence and compliance monitoring, in addition to analysis related to the pension’s liabilities and risk.

Tim received his M.B.A in Finance, as well as his B.S. in Finance from Saint Joseph’s University.

Jennifer Stott
Executive Operations Assistant

Jennifer serves as the Executive Operations Assistant for Permit Capital Advisors, LLC.

With more than six years of experience in the financial services industry, Jennifer oversees all administrative tasks, including scheduling and correspondence.  She works closely with each member of our team to ensure that action items are tracked efficiently and deadlines are met.  In her role, Jennifer utilizes her experience and diverse skill set to provide support to client service teams, back office operations, and most importantly, our clients.

Jacob Talley
Client Relations Associate

Jacob Talley serves as a Client Relations Associate at Permit Capital Advisors, LLC and is responsible for working with clients by providing point of contact support. Jacob also performs back-office functions including client reporting, portfolio implementation, and portfolio monitoring.

Before joining Permit Capital Advisors, Jacob worked as an Analyst at SEI.

He received his Bachelor of Sciences in Finance and Economics from West Chester University.