US-based equity fund management boutique Snyder Capital Management has teamed up with Harrington Cooper to launch a US value fund marketed across Europe to institutional investors.
The HC Snyder US All Cap Equity fund will serve as Snyder's flagship strategy in Europe and Harrington Cooper has secured commitments from several European institutions to launch the seed share classes in order to bring the fund up to $100m within the first 90 days. Snyder's investment style favours value and quality by investing in high-quality, underappreciated companies trading at substantial discounts to intrinsic value combined with favourable upside/downside return metrics. "Investments are made in misperceived areas of the market and with long-term horizons, then typically held...
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