TEAM

Investment

Team

Broad Run has a three person investment team with each member serving as both analyst and co-portfolio manager. These three team members, Brian Macauley, David Rainey, and Ira Rothberg, have been working together since 2004 applying the same investment approach.

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Brian E. Macauley, CFA
Managing Member, Portfolio Manager

brian

Brian Macauley co-founded Broad Run Investment Management, LLC in 2012. Prior to that Mr. Macauley served as a Portfolio Manager at FBR Asset Management (“FBR”), which he joined in 2009. Prior to joining FBR, Mr. Macauley served as an Analyst at Akre Capital Management (“ACM”), which he joined in May 2003. Prior to joining ACM, Mr. Macauley held research analyst positions with Credit Suisse First Boston and Wheat First Union.
Mr. Macauley holds a BS in Commerce from the University of Virginia.

 

David S. Rainey, CFA
Managing Member, Portfolio Manager

david

David Rainey co-founded Broad Run Investment Management, LLC in 2012. Prior to that Mr. Rainey served as a Portfolio Manager at FBR Asset Management (“FBR”), which he joined in 2009. Prior to joining FBR, Mr. Rainey was with Akre Capital Management (“ACM”) since 1998. During his time at ACM, he served in various roles including Senior Research Analyst, Separate Account co-Portfolio Manager, and CCO. Prior to joining ACM, Mr. Rainey held investment and analysis positions with the Federal National Mortgage Association (“Fannie Mae”), the Student Loan Marketing Association (“Sallie Mae”) and with Wheat First Securities.
Mr. Rainey holds a BS in Commerce from the University of Virginia and an MBA from Duke University.

 

Ira M. Rothberg, CFA
Managing Member, Portfolio Manager

ira

Ira Rothberg co-founded Broad Run Investment Management, LLC in 2012. Prior to that Mr. Rothberg served as a Portfolio Manager at FBR Asset Management (“FBR”), which he joined in 2009. Prior to joining FBR, Mr. Rothberg served as an Analyst at Akre Capital Management (“ACM”), which he joined in November 2004. Prior to joining ACM, Mr. Rothberg was an Analyst at Ramsey Asset Management.
Mr. Rothberg holds a BS in Finance and Accounting and a BA in Economics from the University of Maryland.