Erin Bellissimo Awarded Graham & Dodd, Murray, Greenwald Prize for Outstanding Contribution to the Field of Value Investing

GAMCO Investors, Inc. (GAMCO) awarded the Graham & Dodd, Murray, Greenwald Prize for Value Investing to Erin Bellissimo, an adjunct professor at Columbia University Graduate School of Business during its twenty sixth annual client conference on Friday in New York.

GAMCO created the annual prize to honor an individual, student, or practitioner who has made an outstanding contribution to enlarge the field of value investing. Known as the "Gabelli Prize”, the company funded the prize with $1 million and makes the award at its annual client meetings.

Erin Bellissimo was formerly the Director of the Heilbrunn Center for Graham & Dodd Investing at Columbia where she developed the value investing curriculum for the Business School Program as well as other initiatives. She is currently co-authoring the second edition of Value Investing: From Graham to Buffett and Beyond with Professor Bruce Greenwald. She is a principal and co-founder of Linden Global Strategies, a wealth management consulting firm. Ms. Bellissimo completed her undergraduate studies at Bucknell University with a BS in Management and holds an MBA in Finance from the Wharton School at the University of Pennsylvania.

Bruce C.N. Greenwald, who heads the Heilbrunn Graham & Dodd Research Center at The Columbia University Graduate School of Business, presented the award to Ms. Bellissimo.

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. As of March 31, 2011, GAMCO Investors, Inc. had $35.4 billion in assets under management.