HS Management Partners, LLC (HSMP), a boutique Concentrated Quality Growth equity investment manager, is proud to announce the completion of its ten-year performance track record, ending March 31st, 2017.
Harry Segalas, Managing Partner and Chief Investment Officer, commented that, “We have seen our share of up and down markets since we started. Little did we know that markets would peak in late ‘07, that we would have to endure a historic bear market in ‘08, or that we would then embark on an 8-year plus bull market. Our unwavering focus on our Concentrated Quality Growth methodology has generated 10.9% annualized net returns over the past decade, and in the process, outperformed both the S&P 500® and Russell 1000® Growth indices.”
David Altman, Partner and the Firm’s Director of Research added that, “From day one, our emphasis has been on value-added activities such as idea generation, proof of concept research work, and actively managing a high-quality concentrated portfolio. Our objective has been to make our clients the owners of an earnings and cash flow stream that grows each year, while maintaining our valuation discipline.”
Partner and President Greg Nejmeh observed, “My partners and I at inception set out to build a Firm that could stand the test of time and demonstrate that it could be run effectively. This goal was supported by a philosophy to be fully formed at the outset, with professionals populating the disciplines of investments, client service, operations, compliance, legal and trading. We’ve assembled an outstanding team, one that has served clients successfully and will continue to do so in the years ahead. Our people are HSMP’s greatest asset.”
Bart Buxbaum, Partner and Director of Client Service, added, “We are grateful for the confidence clients have shown in us and have been thoughtful about the relationships we have established. The Firm’s clients include foundations, endowments, corporations, high net worth individuals, and family offices. Assets under management have grown to $3.5 billion (as of March 31st, 2017). We have ample capacity to continue expanding our client base and will maintain our singular product focus utilizing our Concentrated Quality Growth methodology.”
“The key to our future is the same as the key to our past- our culture,” concluded Harry Segalas. “To perform well for our clients, we needed to develop a strong foundation for the business that provided all team members opportunity, a fulfilling work environment, and a positive daily experience. We have tried to support a culture that works hard for our clients and where people are happy and truly care about each other. That is the Firm’s most important accomplishment, and one of our competitive advantages.”
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