Business Details
50+ Years
experience
Trusted Value Investment Advisers Since 1975
Southeastern Asset Management has been a leader in value equity investing since 1975, guided by a philosophy of long-term, concentrated, and engaged investment strategies. Our firm, founded on principles of partnership and alignment, manages the Longleaf Partners Funds and Separately Managed Accounts for clients globally. With a team of experienced professionals across Memphis, Singapore, and London, we apply a single bottom-up investment approach focused on protecting capital while delivering strong absolute returns. Our employee-owned structure ensures we remain deeply aligned with our clients, as our employees and related entities are the largest collective investors across our funds. We emphasize rigorous risk management, ESG integration, and active engagement with portfolio company management teams to drive long-term value creation.Our research team spans decades of experience, with an average tenure of 23 years among our client base, reflecting our commitment to enduring relationships. We operate a lean, team-driven organization with a global network that enables comprehensive market coverage while maintaining nimbleness. Our investment discipline prioritizes high-quality businesses with sustainable advantages, run by capable teams, trading at significant discounts to intrinsic value. We reject short-term speculation, maintaining a five-plus-year investment horizon to capitalize on market dislocations. Our approach has generated consistent results over four decades, supported by a culture of transparency, ethical standards, and client-centric communication.
Services
Managed Accounts
Separately Managed Accounts
Mutual Funds
UCITS Funds
Global Mandate
US Mandate
Non-US Mandate
Asia Pacific Mandate
Details
- Year established: 1975
Highlights and features
- We offer 40+ years of experience in value investing with consistent results.
- Our employee-owned structure aligns us with client interests.
- We maintain a concentrated portfolio of 18-22 high-conviction investments.
- We integrate ESG considerations into bottom-up investment analysis.
- Our global team engages directly with management for long-term value creation.
What people say
Strong long-term returns
Expertise in value investing
Transparent communication
Experienced team
Alignment with clients
Services
Managed Accounts
We offer customized portfolio management through Separately Managed Accounts (SMAs) tailored to institutional clients globally. These accounts require a $25 million minimum and apply our long-term, concentrated value approach. Our SMAs focus on high-quality businesses with sustainable competitive advantages, providing clients direct ownership of underlying securities for transparency and flexibility.
Longleaf Partners Funds
Our SEC-registered mutual funds cater to US investors with a $10,000 minimum. Strategies include the Partners Fund, Small-Cap Fund, International Fund, and Global Fund. These funds employ our disciplined value investing philosophy, targeting businesses trading at 60% or less of intrinsic value while maintaining a concentrated portfolio of 18-22 holdings.
UCITS Funds
We provide Dublin-domiciled UCITS funds for non-US investors, including the Global UCITS Fund and Asia Pacific UCITS Fund. These funds require a $1 million minimum and follow our bottom-up approach, focusing on undervalued global and regional equities. They offer institutional investors access to our value strategy with ESG integration and active management engagement.
ESG Integration
Our ESG analysis is embedded in fundamental research, evaluating environmental, social, and governance factors for every investment. We engage directly with companies to improve practices, focusing on long-term shareholder value. This includes climate risk assessments, board diversity, and ethical supply chain management, supported by third-party data from Sustainalytics.
Investment Research
Our global team conducts in-depth equity research across sectors and regions, identifying businesses with durable competitive advantages. Analysts perform proprietary valuations using discounted cash flow and net asset value models. We maintain a concentrated research team with on-the-ground expertise in Asia, Europe, and the Americas to support informed investment decisions.
People
Mason Hawkins
Chairman
Founded Southeastern in 1975 and serves as co-portfolio manager across funds. Former Director of Research at Atlantic National Bank and First Tennessee Investment Management. Holds a Finance degree from the University of Florida and an MBA from the University of Georgia.
Ross Glotzbach
CEO and Head of Research
CEO since 2004 and co-portfolio manager, with prior experience at Stephens Inc. Holds an Economics degree from Princeton University. Leads our research team in applying consistent value discipline across all strategies.
Manish Sharma
Head of Non-US Research
CFA charterholder leading non-US research since 2010. Former roles at American Express and Capital One. Holds engineering and MBA degrees from the Indian Institute of Technology, Michigan State, and the University of Chicago.
Ken Siazon
Portfolio Manager
Portfolio manager since 2006 with extensive Asian market experience. Former roles at Lehman Brothers and JP Morgan. Holds a Systems Engineering degree from the University of Virginia and an MBA from Harvard Business School.
Jessica Pressgrove
Chief Financial Officer
CFO since 2015 with prior experience at KPMG and regional financial firms. Holds accounting degrees from the University of Mississippi and is a Certified Public Accountant.
Questions
What investment strategies does Southeastern offer?
We offer Separately Managed Accounts, Longleaf Partners Funds (US mutual funds), and UCITS Funds for global investors, all following our long-term, concentrated value approach.
What is Southeastern's investment philosophy?
We focus on high-quality businesses with sustainable advantages, run by capable teams, trading at 60% or less of intrinsic value, with active engagement to drive value creation.
How does Southeastern integrate ESG factors?
We incorporate ESG considerations into fundamental analysis, engage companies on governance and sustainability, and use third-party data to enhance our bottom-up research process.
What are the minimum investment requirements?
Separately Managed Accounts require $25 million, mutual funds need $10,000, and UCITS Funds have a $1 million minimum for institutional investors.
How does Southeastern engage with company management?
We actively collaborate with management teams as partners, providing strategic input and leveraging our global network to enhance long-term shareholder value.
Is Southeastern employee-owned?
Yes, we are 100% employee-owned, ensuring alignment with clients as our employees and related entities are the largest collective investors across our funds.
