Peter Goldstein
About Peter Goldstein
Peter Goldstein serves as Secretary and Vice President of The Gabelli Global Small and Mid Cap Value Trust (GGZ) since 2020, and is General Counsel of GAMCO Investors, Inc. and Chief Legal Officer of Associated Capital Group, Inc. since 2021 . He previously served as General Counsel and Chief Compliance Officer at Buckingham Capital Management, Inc. (2012–2020) and Chief Legal Officer and Chief Compliance Officer at The Buckingham Research Group, Inc. (2012–2020) . Born in 1953, his beneficial ownership in GGZ was 0 common shares as of December 31, 2024, indicating no direct equity exposure at the Fund . GGZ proxy filings do not disclose officer performance-linked metrics (e.g., TSR, revenue/EBITDA targets) for Goldstein, and he is not listed among Fund‑compensated officers in the annual compensation tables, implying his compensation is paid by the Adviser rather than the Fund .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Buckingham Capital Management, Inc. | General Counsel & Chief Compliance Officer | 2012–2020 | Legal/compliance leadership for investment adviser operations |
| The Buckingham Research Group, Inc. | Chief Legal Officer & Chief Compliance Officer | 2012–2020 | Legal/compliance leadership for research broker/dealer activities |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| GAMCO Investors, Inc. | General Counsel | Since 2021 | Senior legal leadership across Gabelli-affiliated investment businesses |
| Associated Capital Group, Inc. | Chief Legal Officer | Since 2021 | Legal oversight for ACG corporate and subsidiary matters |
Fixed Compensation
- GGZ discloses trustee compensation and “officers, if any, who were compensated by the Fund rather than the Adviser”; Peter Goldstein is not listed among Fund‑compensated officers, indicating no base salary/bonus paid by GGZ (compensation presumably from the Adviser) .
- For context, only select officers (e.g., Ombudsman roles) receive Fund compensation:
| Officer | 2023 Aggregate Compensation from Fund ($) | 2024 Aggregate Compensation from Fund ($) |
|---|---|---|
| Daniel Hughes (Vice President & Ombudsman) | 69,375 | 73,750 |
| Bethany A. Uhlein (Vice President & Ombudsman) | — | 78,510 |
Performance Compensation
- No disclosure of performance-based incentives, metrics, or vesting frameworks for GGZ officers (including Goldstein) in the proxy statements; compensation detail is limited to trustees and the few officers directly compensated by the Fund .
Equity Ownership & Alignment
| Metric | As of Dec 31, 2024 |
|---|---|
| Common shares beneficially owned | 0 |
| Percent of shares outstanding | * (less than 1%) |
| Shares pledged as collateral | Not disclosed in proxy |
| Ownership guidelines/compliance | Not disclosed in proxy |
Notes: “Beneficial Ownership” determined under Rule 13d‑3; asterisk denotes less than 1% of shares outstanding .
Employment Terms
- GGZ Officer Role: Secretary and Vice President; service since 2020 .
- Proxy signatory as Secretary evidences ongoing role: March 31, 2021; March 30, 2022; April 3, 2024 .
- Contract term, severance, change‑of‑control, non‑compete/solicit, clawbacks, and tax gross‑ups: Not disclosed for officers in GGZ proxies .
Additional Context Signals
- Executive officer roster shows Goldstein’s biographical summary (legal leadership across GAMCO/ACG; prior Buckingham roles) with “since 2020” GGZ service and 1953 birth year .
- Beneficial ownership groups list executive officers and confirm Goldstein’s 0 share position at year‑end 2024 .
Investment Implications
- Alignment: Zero beneficial ownership in GGZ reduces direct “skin‑in‑the‑game” alignment for Fund performance, though Goldstein’s primary remuneration appears to come from the Adviser, consistent with GGZ’s structure .
- Selling/Vesting Pressure: With no GGZ equity or options disclosed, there is no identifiable insider selling/vesting pressure signal for Goldstein specific to the Fund .
- Retention Risk: Absence of Fund‑level employment terms and severance/change‑of‑control provisions limits insight into retention economics; compensation linkage to the Adviser suggests retention determinants sit at GAMCO/ACG rather than GGZ .
- Trading Signals: No pledging/hedging, option awards, or performance metric disclosures tied to Goldstein at GGZ; governance impact is operational/administrative (Secretary/Vice President) rather than portfolio decision‑making, so executive‑specific trading signals are minimal from Fund filings .