Third Avenue Management
Investment ManagementNew York, United States11-50 Employees
Third Avenue Management is a U.S.-based investment management firm, based in New York City, New York, that pursues deep-value investing through a fundamental, bottom-up approach. The team evaluates a company's balance sheet and capital structure to identify undervalued enterprises with high-quality assets and the potential to generate durable value over the long term. Its value-driven strategies rely on collaboration across investment teams, allowing ideas to be assessed from multiple angles to locate the most compelling risk/return opportunities within the asset class or capital structure. The firm serves private and institutional clients and employs a mid-sized team. It is partially owned by Affiliated Managers Group, and Third Avenue Funds are distributed through Foreside Fund Services, with offerings available by prospectus only. In March 2026, the firm earned an award for best fund in the global real estate category, reflecting recent recognition in the industry.