Third Avenue Management History
A pioneer in modern-value investing
For over 25 years, Third Avenue Management has consistently pursued a fundamental, bottom-up approach to deep value and distressed investing. Since 2002, Third Avenue Management has partnered with Affiliated Managers Group, a publicly traded asset manager that has invested in a diverse stable of boutique asset management firms. This partnership allowed Third Avenue to extend ownership rights to its senior professionals, including key members of the investment team, providing a clear and transparent succession plan for the Firm and all of its principals. Today, Third Avenue Management manages assets across three core strategies — Value, Small-Cap and Real Estate–which are available to investors through ‘40Act mutual funds, institutional separately managed accounts and a Real Estate Value Fund UCITS for non-U.S. investors.
Guided by an adherence to price consciousness and a deep understanding of underlying business fundamentals and asset values, Third Avenue rarely, if ever, invests alongside the galloping herds.
Third Avenue Funds are distributed by Foreside Fund Services, LLC. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. Third Avenue Funds are offered by prospectus only. The prospectuses and summary prospectuses are available on this website or by calling (212) 906-1160. Read the prospectus or summary prospectus carefully before investing.