Why he split: When FBR Capital Markets' ownership changed hands last year, Akre says, the fund company asked to renegotiate his arrangement. He declined -- and left to start his own fund, Akre Focus (AKREX).
Today: FBR retained his analyst team, but Akre lured away some of his investors. His new fund's assets are approaching $200 million. "We're pleased that some of the investors from the old fund came over," he says.
NEXT: Tom Marsico