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Dinosaur buys minority stake in Lisanti

Dinosaur Financial Group Holdings has acquired a minority stake in New York-based Lebenthal Lisanti Capital Growth LLC, an investment adviser. No financial terms were disclosed. As a result of the deal, the firm will operate as Lisanti Capital Growth LLC. And, Mary Lisanti, the founder of Lisanti Capital Growth LLC, will retain her majority stake.



September 27, 2017 — Dinosaur Financial Group Holdings, LLC (“Dinosaur”), announced today that, effective August 31, 2017, it has acquired a minority stake in Lebenthal Lisanti Capital Growth, LLC, a New York-based woman-owned SEC-registered investment advisor. The firm will operate as Lisanti Capital Growth, LLC (Lisanti) following completion of the transaction and continue to be a woman-owned firm.

Founder Mary Lisanti, a 38-year veteran of the investment management industry, will remain President and Managing Member of Lisanti. Ms. Lisanti remains the firm’s majority shareholder.

“I am pleased to welcome Mary Lisanti and her team to Dinosaur,” said Glenn Grossman, CEO of Dinosaur Group Holdings, LLC. “Her specific market expertise, long track record and client-centric focus form a strong base upon which we can build the asset management business.”

“Mary Lisanti is a trailblazing woman in the world of asset management, and she and her team represent diversity at its best. I couldn’t be more proud to join forces with her firm,” said Elliot Grossman, Senior Managing Director of Dinosaur Financial Group, Dinosaur’s U.S. broker dealer. “Dinosaur has a history of diversity and has been built through entrepreneurial talent; Lisanti Capital Growth is a welcome addition to the family.”

“We are very pleased with our new relationship with Dinosaur,” said Mary Lisanti. “We appreciate the spirit of entrepreneurship and diversity which has built the firm over the past seventeen years. We look forward to sharing our client-centered cultures and building on each other’s strengths.”

Lisanti Capital Growth LLC, which as of June 30, 2017 oversaw $155 million in client assets, specializes in small and SMID capitalization, high-growth equity investment strategies. Lisanti offers asset management for large corporations, endowments and foundations, and public funds through separately managed accounts, and to individual investors through its mutual fund, which will be renamed Dinosaur Lisanti Small Cap Growth Fund (ASCGX).

Ms. Lisanti founded Lisanti Capital Growth in 2003, as a joint venture with Adams Harkness & Hill. Previously, she was CIO of ING Investments. In that capacity, she was responsible for building the active equity investment management team. Before that, at Bankers Trust, she headed the small/mid cap investment team, started several mutual funds and helped launch international products as well. In 1996, she was named mutual Fund Manager of the Year by Barron’s magazine.(1) She began her career as a small cap analyst and strategist, achieving the #1 ranking in Institutional Investor’s All-Star Research Team for Small Growth Stocks in 1989.(2)

Dinosaur Holdings, LLC is an independent, owner-managed global investment firm, with offices in London, Italy, Spain and the United States. The firm was established in 2001 and focuses on underserviced markets, helping clients solve problems. Their edge is combining great people with a depth of knowledge, experience and connections into a world-wide team motivated to improve their customers’ experience and performance. Further information about Dinosaur Group Holdings, LLC can be found at