Hotchkis & Wiley Capital Management is a money management firm based in Los Angeles, California. Established in 1980, this is a boutique asset management firm specializing in managing value portfolios for institutional and individual investors. The clients include public plans, corporations, foundations, endowments, unions, sovereign wealth funds, sub-advisory relationships, financial intermediaries, and individuals. Additionally, the firm offers strategies in separate accounts and mutual funds. The assets of the firm are managed by its executive management team.