NEW YORK, April 11, 2017 /PRNewswire/ -- 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."
Founded in 2007, HS Management Partners is a New York-based investment adviser singularly focused on the implementation of its sole strategy, the HSMP Concentrated Quality Growth equity portfolio. HSMP applies a bottom-up, fundamental approach - including a strong valuation discipline - to the active management of concentrated portfolios of 20-25 quality growth businesses. We manage advisory accounts primarily for charitable organizations, pension and profit sharing plans, and high net worth individuals, including family offices. We are also a sub-adviser to mutual funds and private funds. For additional information on HS Management Partners, please visit our website at www.hsmanage.com or contact Bart Buxbaum directly at 212-888-0060 or email@example.com.
Disclosures: The performance presented here is preliminary (net-of-fees) through 3/31/17, has not yet been verified, and includes the reinvestment of dividends and other earnings. Past performance is not indicative of and does not guarantee future results. The annualized return mentioned in this piece is compared to the S&P 500® and the Russell 1000® Growth indices for market context only (annualized net returns for the S&P 500® and the Russell 1000® Growth indices for the same period are 7.5% and 9.1% respectively). There are meaningful differences between our portfolio and the S&P 500® and the Russell 1000® Growth indices that should be considered when comparing performance (e.g., composition, concentration and volatility). Client account performance may vary from that noted in this piece or from that of other client accounts for reasons such as account size, timing of transactions and market conditions at the time of investment. Investment in securities involves significant risks that clients should be prepared to bear, including the risk of loss of principal. Please refer to HSMP's website (www.hsmanage.com) and our Firm Brochure (ADV Part 2A) posted there for more information about our Firm and our investment strategy.
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SOURCE HS Management Partners, LLC