Founded in 2007, HS Management Partners applies a focused, bottom-up, fundamental approach to portfolio equity management through its sole strategy: the HSMP Concentrated Quality Growth equity strategy. We look to assemble a concentrated portfolio of 20-25 securities, comprised of what we consider to be quality businesses with strong future earning/cash flow growth potential, while being highly attentive to valuation.
HSMP was founded on the principle that a successful asset management practice requires strength across the disciplines of investments, operations, and client service. All resources are dedicated to the successful implementation of our sole investment strategy. Experienced professionals occupy senior positions in each discipline and we have assembled a cohesive group with a high degree of continuity. Our Team of 16 professionals average 26 years of financial services industry experience. Investment team members have seen and worked through a variety and number of economic cycles and market conditions, allowing them to adapt to the rapidly changing nature of economic and financial markets.
Each of our four founding partners brings over 36 years of investment experience to HSMP. Harry Segalas, Managing Partner & Chief Investment Officer, and David Altman, Partner & Director of Research, have worked closely together for nearly 25 years. Greg Nejmeh, Partner & President, worked with Harry in the early stages of their investment careers at the firm of Shearson Lehman Hutton. Bart Buxbaum, Partner & Director of Client Service, had worked with Harry, David, and other HSMP professionals previously at W.P. Stewart & Co., Inc.
We manage advisory accounts primarily for charitable organizations (such as endowments and foundations), pension and profit sharing plans (including for charitable organizations and corporations), and high net worth individuals (including family offices). We also act as a sub-adviser with respect to assets of pooled investment vehicles (including offshore funds and domestic private funds) and registered investment companies. Most of our clients are domestic and some are foreign, and we manage assets for both non-taxable and taxable accounts on a fully discretionary basis. Our advisory fee for portfolio management services is charged as a percentage of an account’s assets under management (Fee Schedule).