Our Approach to U.S. Small and Mid-Cap Equity Investing

BBH’s investment partnership invests in a select number of out-of-favor and/or underfollowed small and mid-cap companies without using leverage or shorting. The partnership is often a substantial shareholder in its portfolio companies and typically invests with a 3-5 year time horizon.  This investment strategy is structured for Qualified Investors. 

We maintain a disciplined investment process and use demanding criteria to select a focused group of well-positioned companies that are trading at a substantial discount to our estimate of intrinsic value.

We perform substantial due diligence on each portfolio company.  We focus our investments in industries that we know and understand well, including information services, business services, financial processing, healthcare diagnostics, and cable programming.

After we make an investment, we actively monitor it through continuing discussions with industry participants and an active dialogue with the management team.

We believe that the strategy of investing in a limited number of publicly traded companies with excellent management teams that provide essential products and services and have loyal customers, recurring revenues, sustainable competitive advantages, high returns on invested capital, and strong free cash flow is unique and powerful.

Meet members of our Public Equity team.