Third Avenue Management is an NYC-based hedge fund founded by Martin Whitman back in 1990. Since 2002, it operates as a subsidiary of Affiliated Managers Group Inc. The fund offers investment services via ‘40Act mutual funds and customizes accounts covering three main strategic principles – Value, Real Estate, and Small-Cap. Martin J. Whitman, who died a year ago, was known for its “safe and cheap” investment philosophy. The fund recently released its Q1 2019 Investor Letter, which...
