Ms. Fermelia is the chief operating officer at Causeway and has been with the firm since its inception in June 2001. Ms. Fermelia manages operations, compliance, trading, and other administrative functions. She is also a member of the operating committee. 
 
From 1997 to 2001, Ms. Fermelia was the business manager for the Hotchkis & Wiley division of Merrill Lynch Investment Managers (HW-MLIM). At HW-MLIM, she managed the trading, marketing, client service, and administrative functions of the team. From 1994 to 1997, she was the compliance officer of Hotchkis and Wiley. During this time, she monitored compliance with client investment guidelines, applicable laws, rules and regulations, proxy guidelines, and personal securities trading. From 1985 to 1994, Ms. Fermelia was a senior manager with PricewaterhouseCoopers in the investment company practice.

Ms. Fermelia earned a BS, cum laude, in accounting from the University of Utah.