Joel Fried

President; PRIMECAP Management Co.

Joel Fried serves as president and director of PRIMECAP Management Company, a Pasadena based investment firm managing approximately $100B in equity assets for a limited number of mutual fund, pension, endowment, foundation, and sovereign wealth clients. Mr. Fried has served as president of PRIMECAP since 2011, and co-chief executive and trustee of the PRIMECAP Odyssey Funds since their launch in 2004.

In 2003 and 2014, Mr. Fried and his partners were awarded the Domestic Equity Fund Manager of the Year Award by Morningstar. They were also named runner-up for Morningstar’s Manager of the Year Award in 1997, 1999, and 2000. In 2016, 2017, and 2018, PRIMECAP Management Company was awarded the Thompson Reuters Lipper Fund Award as the best small company equity group for the prior 3 years. Mr. Fried is a portfolio manager on several mutual funds that have received Thomson Reuters Lipper Fund Awards for the best performing mutual fund within several style categories over various time periods.

PRIMECAP Odyssey Aggressive Growth Fund –Best Midcap Growth Fund2014 (5 years), 2015 (3 & 5 years), 2016 (3 & 5 years), 2017 (3 & 5 years)

Vanguard PRIMECAP Fund – Best Multi-Cap Core Fund1999 (15 years)

Vanguard PRIMECAP Fund – Best Large-Cap Core Fund2014 (10 years), 2016 (3 years), 2017 (5 & 10 years)

Vanguard Capital Opportunity Fund – Best Multi-Cap Core Fund2008 (15 years)

Vanguard Capital Opportunity Fund – Best Multi-Cap Growth Fund2017 (5 years)

Mr. Fried received his B.S. in Economic Systems/Science from UCLA and his MBA from UCLA Anderson School of Management. He serves on the UCLA Anderson Board of Advisors, the Jewish Graduate Student Initiative Board of Advisors, and is a founding member of The Fink Center for Finance at UCLA Anderson.

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