Denver Investment Advisor Leaves Firm to Form New Shop

Jerry Peterson, senior partner and vice president of Denver Investment Advisors LLC, has left to form Agger Capital Management, an independent investment management firm based in Denver.
At Denver Investment Advisors, Peterson managed the Westcore Select Fund since its inception on Oct. 1, 1999. From that date through Sept. 30 of this year, the fund has been ranked second of 7,137 U.S. equity funds, according to Lipper statistics. Denver Investment Advisors manages the Westcore family of mutual funds.
Peterson will be CEO and CIO of the new firm. He expects the outfit will commence business around the first of the new year. Brad Barrett will serve as president and director of client relations.
At Westcore Funds, meanwhile, Todger Anderson and William Chester have been tapped to assume management responsibilities for the Westcore Select Fund.