At the September meeting of the Board of The Frick Collection, Charles M. Royce was elected as a new trustee. Charles Royce is President and Co-Chief Investment Officer of Royce & Associates and President of The Royce Funds, a position he has held since 1972. He has forty-six years of investment experience, with thirty-five years as a smaller-company value portfolio manager. Royce holds a bachelor’s degree in economics from Brown University and a Master of Business Administration degree from Columbia University.