President, Permit Capital Advisors, LLC
100 Women in Hedge Funds Global Chair, Global Association representative on London Board
Mimi Drake is President of Permit Capital Advisors, LLC, an independent investment advisory firm based in suburban Philadelphia. Permit Capital Advisors, LLC serves as an advisor for large families and institutions. For six years prior, Mimi served as the Chief Operating Officer and Chief Financial Officer of Defiance Asset Management, LLC. Mimi built the firm from $23 million in assets under management to a peak of $580 million in assets. Prior to joining Defiance, Mimi was the Chief Operating Officer of Schlarbaum Capital Management. Earlier in her career, she spent five years at Miller Anderson & Sherrerd/Morgan Stanley Institutional Asset Management, where she worked on both the marketing/client service and portfolio management sides of the business.
Mimi received her M.B.A. in Finance from The Wharton School at the University of Pennsylvania in 1995 and her B.A. in Economics from Trinity College (cum laude) in 1990. She attended Harvard University's Radcliffe Publishing Course in 1990 and spent three years in magazine publishing prior to Wharton. Mimi is on the Board of Directors of ConceptONE and also serves on the Board of Trustees at The Shipley School.