Portfolio Manager Paul Sonkin Joins GAMCO Investors

  Portfolio Manager Paul Sonkin Joins GAMCO Investors

Business Wire

RYE, N.Y. -- January 2, 2013

GAMCO Investors, Inc. (NYSE:GBL) announced today that Paul D. Sonkin has
joined the firm as portfolio manager, non-market correlated investments, stubs
and spin-offs, focusing on micro and nano-cap stocks.

“Paul has an excellent background in Graham & Dodd fundamental research, both
as a practitioner and as an adjunct professor at Columbia University Graduate
School of Business, where he teaches courses on security analysis and value
investing. He is the co-author of Value Investing: From Graham to Buffett and
Beyond. His extensive experience in managing micro-cap portfolios and his
focused research efforts will serve our clients well, particularly in this
under researched sector of the U.S. equities market,” said Mario J. Gabelli.

Paul Sonkin is currently the portfolio manager of The Hummingbird Value Fund
and the Tarsier Nanocap Value Fund. He has an extensive research background
having been previously a senior analyst at First Manhattan & Co., a firm that
specializes in value investing; and an analyst and portfolio manager at Royce
& Associates, a firm that focuses on small and micro-cap value investing.
Prior to receiving an MBA from Columbia University in 1995, he worked at
Goldman Sachs & Co. and at the U.S. Securities and Exchange Commission. He
holds a B.A. in Economics from Adelphi University.

GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries, manages assets of
private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli
Funds, LLC), and partnerships and offshore funds (Investment Partnerships) and
is known for its Private Market Value with a Catalyst™ style of investment.


GAMCO Investors, Inc.
Douglas R. Jamieson, 914-921-5020
For further information please visit
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