Brian Gillespie
Portfolio Manager and Equity Research Analyst at Perritt Capital Management Inc.
About
Brian Gillespie is a Portfolio Manager and Equity Research Analyst at Perritt Capital Management Inc., based in Chicago, Illinois. In his current role, Gillespie co-manages the Perritt Low Priced Stock Fund, working closely with Chief Investment Officer Michael Corbett since 2005. He is responsible for bottom-up fundamental research, stock selection, and portfolio construction for strategies that emphasize investments in micro-cap and small-cap equities, specifically targeting underfollowed companies with innovative business models and long-term growth potential.
Gillespie’s expertise centers on micro-cap and small-cap stocks, with a focus on companies with market capitalizations below $500 million and, in some cases, as small as $150 million. He serves as a generalist across sectors but specializes in identifying overlooked, emerging businesses that offer significant upside due to their niche positioning or early growth stage. His investment philosophy involves rigorous evaluation of management teams and business prospects, aiming to uncover value in segments often ignored by larger asset managers.
Prior to joining Perritt Capital Management in 2005, Gillespie held positions at William Blair as Portfolio Administrator and at Scudder Kemper Investments Inc. as an Investment Associate, building a comprehensive background in portfolio administration and equity research. He holds a Master of Business Administration (MBA) from Loyola University Chicago and a Bachelor's degree in Finance from Illinois State University, underpinning his analytical and research-driven approach to asset management.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Perritt Capital Management | Portfolio Manager and Equity Research Analyst | Jan 2005 to Jan 2017 | Joined Perritt Capital Management in 2005. Portfolio Manager of the Perritt Low Priced Stock Fund from inception in June 2012 to March 2017. Served as an Equity Analyst for the Perritt MicroCap Oppo... |
| William Blair | Portfolio Administrator | Jan 1999 to Jan 2005 | — |
| Scudder Kemper Investments Inc | Investment Associate | Jan 1995 to Jan 1998 | — |
Education
Loyola University Chicago
Master of Business Administration (MBA)
1999 — 2002
Illinois State University
Bachelor's degree, Finance, General
1993 — 1995
Others at Perritt Capital Management Inc. (4)
| Name | Role | Location |
|---|---|---|
G Gerald Perritt | vice president | Dade City, FL , United States |
| Portfolio Manager | Chicago, IL , United States | |
J Jerry Perritt | Vice President | Dade City, FL , United States |
| Director of Research | United States |