In an effort to provide a product line that is relevant to investors in all market conditions, Berwyn, Pa.-based Turner Investment Partners is expanding its product offerings, executive staff and distribution alliances, the firm said. The new additions will strengthen the firm's fixed-income and value offerings.

Portfolio managers Thomas DiBella and Kenneth Gainey are joining Turner's small cap core/value equity team from Aeltus Investment Management, where they ran the Aetna Small Company Fund. As part of the small cap core/value equity team, DiBella and Gainey will help run the firm's new Small Cap Equity and Small Cap Value Opportunities funds.

Turner's value product line also includes the Turner Small Cap Value Fund, which closed to new investors Dec. 28, the Mid Cap Value Fund and the Large Cap Value fund, all of which are sub-advised by New York-based Clover Capital Management.

Turner has also expanded its fixed-income staff, naming Roger Early chief investment officer of the firm's fixed income unit and Paul Matlack portfolio manager. Early most recently served as senior portfolio manager at Rittenhouse Financial Services and Matlack worked in Delaware Investments' fixed-income department.

Turner's investment unit now includes a growth equity, small cap core/value and fixed income teams. "This diversity of businesses will help us stabilize revenue stream during various market cycles," John Grady, Turner's COO, said in a statement.

In addition, the firm announced that it will begin serving as the sub-distributor for a series of value funds advised by Cooke & Bieler of Philadelphia. The funds include the C&B Mid Cap Value Fund, C&B Tax-Managed Value Fund and the C&B Large Cap Value Fund.

The firm has also agreed to market and distribute three growth funds managed by Gardner Lewis Asset Management including the Chesapeake Aggressive Growth, Chesapeake Core Growth and Chesapeake Growth funds.

Turner Investment Partners manages approximately $9 billion in assets held in 21 funds and other fixed-income and equity products.

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