Founded in 1986, Third Avenue Management LLC offers investment advisory services to the Third Avenue Management’s retail mutual funds and subadvised portfolios, as well as private and institutional clients. Third Avenue manages approximately $27 billion in assets as of 12/31/07. The investment team, led by Co-Chief Investment Officers Marty Whitman and Curtis Jensen, pursue a disciplined, fundamental bottom-up value approach to achieve long-term capital appreciation.
Investment Option
Asset Category
Risk/Reward Potential
Objective/Primary Investments
Third Avenue Value
Mid-Cap Blend
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Primarily invested in common stocks of well-financed, well managed companies at a discount to what Fund management believes is their intrinsic value, with a goal of long-term capital appreciation with limited investment risk.
The stocks of mid-size companies carry additional risks because they tend to be less predictable and their share prices more volatile than more established companies.
Third Avenue Value is part of the Third Avenue Variable Series Trust.
