Chesapeake Asset Management, LLC (Chesapeake) is an investment advisory firm based in New York City and registered with the Securities Exchange Commission. The firm was co-founded on March 1, 1998 by Jonathan L. Smith and Sherrill L. Blalock, whose investment careers span more than 50 and more than 45 years, respectively. Chesapeake is involved in two related investment supervisory services. в-Џ Individualized discretionary investment advisory — managing the assets of high net worth individuals, related retirement accounts, families and family partnerships, corporations, and foundations focused on traditional public markets. Chesapeake acts as the general partner of Concinnity Partners, L.P., a private limited partnership investing in publicly owned securities. в-Џ Non-discretionary investment advisory business — offered to wealthy individual clients and non-profit organizations, particularly endowments and foundations. Chesapeake offers advice and makes recommendations regarding pooled investment vehicles, including private equity limited partnerships, hedged investments and other investment vehicles investing in private placements, venture capital funds, emerging markets equity and debt instruments, distressed securities and financial instruments, real estate, and minerals There are no model portfolios; all clients accounts are separately managed in accordance with individual objectives. Clients may impose restrictions on investing in certain securities or types of securities, if so desired.
