A pioneer in modern-value investing, Third Avenue Management is a New York City-based asset manager founded in 1986 that utilizes a disciplined, value-oriented, and asset-based approach to investing in publicly traded securities.

The Firm’s core investment strategies encompass: Real Estate, International Real Estate, Small-Cap and Global Value.

At Third Avenue, we focus on our highest-conviction ideas that typically sit outside of common benchmarks, an approach that leads to high Active Share* across our portfolios.

Rooted in our founder Marty Whitman’s time-tested philosophy, Third Avenue’s modern-value approach emphasizes four key investment pillars when evaluating companies and the securities they issue:

  • Financial strength
  • Management acumen & alignment
  • Discounted security prices
  • Ability to compound value over time

 

Third Avenue offers multiple investment solutions with unique exposures and return profiles.

The Firm’s core strategies are currently available through:

  • ‘40 Act mutual funds
  • Separately-managed accounts
  • UCITS funds (for non-US investors)

 

*Active Share is the percentage of a fund's portfolio that differs from the benchmark index.