He serves as Managing Partner of Newport Value Partners, L.L.C. Newport, established in 2007, provides value-added research to executives and to investment firms. From 1994 to 2002, Mr. Ortel was President of The Chart Group, L.P., a private investment and advisory firm, which he founded with another partner. While at Chart, Mr. Ortel helped create and manage an Irish corporate buyout fund, a small-cap U.S. buyout fund, a French petroleum development company, a U.S. natural gas distribution company and an offshore fund of hedge funds. He served as Chairman, President and Director of numerous Chart-sponsored companies and as an outside Director of Tedcastle Holdings Ltd.