Julie Biel, CFA
Portfolio Manager and Senior Research Analyst

Research Experience Start Date: 2008

KAR Start Date: 2013

Sector Coverage: Small and mid-capitalization information technology and health-care sectors

Julie Manages: Small-Mid Cap Sustainable Growth, Long-Short

Education: B.A., Economics and Psychology, New York University
M.B.A., University of California, Los Angeles

Prior Work Experience:
Equity Research Associate – Imperial Capital
Equity Research Associate – Merrill Lynch

What Do You Enjoy Most About Your Job:
What I love about investing in the sense of discovery. I love learning about new companies, understanding why they have been successful in the past, why they are going to be successful going forward and how they are going to manage in difficult economic conditions. To me, it is really getting under the hood and understanding each individual company that makes this job so fascinating. I truly enjoy being able to look at every single company and realize that there are different questions that need to be answered in order to understand if it is going to make a suitable investment for us.

What Do You Enjoy Most About Working at KAR:
What I really love about working at KAR is the people. There is such a strong sense of comradery. People have a real open-door policy. I have found that the people here are incredibly open and willing to discuss ideas. People take you seriously and they want to hear what you have to say. Some of the informal professional development that I have experienced includes the portfolio managers taking you into their jobs so that one day I can become a portfolio manager. I really appreciate that level of accessibility.

What Are You Involved in Outside of Work:
Outside of work, I ride horses and participate in competitions. I used to ride competitively when I was a kid and I took a long break when I worked on Wall Street. I recently have gotten back into it and I find it to be such good use of my competitive spirit (more so than yoga!). It is so fun to develop a young animal and to see it come along and flourish.