Founded in 1986, Third Avenue Management is a New York City based asset manager utilizing an unconstrained, value-oriented, and asset-based approach to invest in publicly traded securities across market capitalizations and geographies.

The Firm’s core strategies encompass 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)

 

Third Avenue - Covid-19 update

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