Managers represented by Lyndhurst work diligently to defend their strategies against the common headwinds and pitfalls that impair many managers as they evolve. Our managers must strictly adhere to limiting the size of their funds and avoid losing their independence to outside owners. They share a commitment to bottom-up, fundamental research, are benchmark agnostic and run concentrated portfolios of their highest conviction ideas. We work with managers that operate in markets prone to inefficiency and mispricing, and we require our managers to have sound and survivable business structures. The principals at these firms have proven to be skillful owners and operators.
We work with a short list of managers and build a deep, long-term partnership with each. Given that we restrict our capital raising efforts to just a few active investment strategies at any given time, it allows us to provide each manager client with a more robust level of marketing and client retention support. Since our launch in 2009, we’ve worked with just four managers, the first of which has closed to investors having reached capacity for the strategy.