Affiliated Experts

John W. Peavy III

Founder and Chief Executive Officer, Peavy Financial Services, Inc.

Analysis Group Contact
D. Lee HeavnerMichael Beauregard 

Education:
Ph.D., finance, the University of Texas at Arlington; M.B.A., international finance, the Wharton School of the University of Pennsylvania; CFA charterholder
Summary of Experience:
Dr. Peavy is an investment and portfolio manager with over 35 years of investment management experience. He has testified as an expert witness in more than 100 cases, many addressing financial and investment issues such as asset valuation, portfolio management, and investment suitability. Dr. Peavy has been retained as an expert by major corporations and firms in banking, finance, insurance, energy, high technology, telecommunications, manufacturing, and professional services, as well as by public employee retirement funds and the Internal Revenue Service. Most recently, he worked as an investment advisor at Smith Group Asset Management, L.P., where he managed equity assets of approximately $2.5 billion for individual and institutional investors. From 1999 to 2002, Dr. Peavy served as Chief Investment Officer of the Teacher Retirement System of Texas and was responsible for the investment of approximately $80 billion in retirement assets for more than one million plan participants, including a $2.5 billion private equity program and a $1 billion hedge fund program. In addition to being a Distinguished Finance Fellow at the M.J. Neeley School of Business at Texas Christian University, he also serves on several boards of directors, boards of trustees, and investment advisory boards. Dr. Peavy is an associate editor of the Journal of Investing, and has coauthored five books and published more than 60 articles, monographs, and case studies on investments, valuation, and portfolio management.

PERSPECTIVES ON INVESTMENT MANAGEMENT DISPUTES

In the following Q&A with Managing Principal D. Lee Heavner, affiliate John W. Peavy III shares his perspectives developed from 38 years in portfolio management.