Andvari Associates LLC

Andvari Associates LLC provides discretionary investment management to a small roster of individual and institutional clients through separately managed accounts and pooled investment vehicles, including at least one private fund. The firm also offers research and consulting services to third parties and prepares regular client reporting for both separate accounts and fund investors.

The firm’s investment approach is primarily long-term, bottom-up fundamental equity selection, with portfolios that are often focused rather than broadly diversified; it also implements income-oriented strategies and may use leverage, short selling, and options when appropriate. The adviser pursues growth and value opportunities across market capitalizations and ordinarily holds positions for extended periods, while tailoring allocations to client objectives and restrictions.

What is distinctive for a solo independent adviser is that the firm serves pooled fund investors and acts as an investment manager to a private fund while simultaneously managing accounts that may be subject to performance-based compensation. The private fund structure allows for incentive allocations and the use of side letters with negotiated, preferential terms for certain investors, and the firm provides periodic performance reporting and audited financials to fund participants.