About Us
History
Hourglass Capital is a SEC registered investment advisor serving both institutional and private clients in the United States and Latin America. Based in Houston, Texas, the firm was originally founded in 1989 by the Institutional Equity Team from MCorp in Dallas. Following a management transition in 2008, Hourglass relocated to Houston and expanded the firm’s advisory team and investment offerings.
Management
John H. Moffet, CFA
Principal
John is a Principal of Hourglass Capital with portfolio management responsibilities for the Firm’s Growth and Income equity strategies. He joined Hourglass as a Principal and Portfolio Manager following its merger with Moffet Capital Management in 1996. He became President of Hourglass in 2004 and had been President of Moffet Capital Management prior to the merger. John was previously a Consulting Senior with the Management Information Consulting Division of Arthur Andersen & Co. He is a Chartered Financial Analyst and a member of the Association for Investment Management and Research as well as the CFA Society of Dallas-Ft. Worth. He received a BA in Economics from Grinnell College and his MBA from the Darden School at the University of Virginia.
Kenneth A. Moffet
Managing Principal
Ken is the Managing Principal of Hourglass Capital. He has overall responsibility for the Firm’s strategic direction and investment policy. Prior to joining Hourglass, Ken was an Executive Director with Morgan Stanley’s Private Wealth Management Group in Houston. Over four years, he built a team managing over $2 billion of client assets. During the previous 16 years, Ken worked at Goldman Sachs, managing private client accounts in the U.S. and Mexico. He began his career at Citicorp, initially in New York and later in San Antonio, where he established and managed a subsidiary, Citibank International. Ken is a graduate of Williams College in Massachusetts with a BA in Political Economy.
Debra L. Gardner, CPA
Chief Compliance Officer
Debra is a Principal of Hourglass Capital and the Corporate Controller and Chief Compliance Officer. Debra earned her BBA in Accounting and MBA from the University of Texas at Arlington. Following graduate school, Debra joined Winn and Winn, CPAs becoming a senior staff accountant. In 1993, she joined Moffet Capital Management as Corporate Controller, becoming Hourglass Controller with the 1996 merger of Moffet and Hourglass. Debra is a Certified Public Accountant and is a member of the American Institute of CPAs and the Texas Society of CPAs.