Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The Third Avenue International Real Estate Value Fund targets high-quality, deeply discounted international real estate assets benefiting from structural supply shortages and proactive corporate restructurings. Despite recent currency headwinds from U.S. dollar appreciation, the portfolio's underlying holdings continue to deliver robust compounding earnings growth, presenting an exceptionally attractive 10-year low valuation multiple that is highly disconnected from private asset values.
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The Third Avenue International Real Estate Value Fund targets high-quality, deeply discounted international real estate assets benefiting from structural supply shortages and proactive corporate restructurings. Despite recent currency headwinds from U.S. dollar appreciation, the portfolio's underlying holdings continue to deliver robust compounding earnings growth, presenting an exceptionally attractive 10-year low valuation multiple that is highly disconnected from private asset values.
