Value Investing Live: Azvalor Managers and Chris Mittleman Discuss a Collaborative Portfolio Venture

GuruFocusCast

Azvalor Asset Management

Azvalor AM is an independent employee-owned investment management firm with offices in Madrid and London. Founding partners Alvaro Guzman and Fernando Bernad delivered top decile long-term returns at their previous firm Bestinver, prior to founding Azvalor in 2015. Their long-term valuation oriented investment portfolio is focused on bottom-up stock picking, implemented through extensive proprietary company research in out of favour segments of the global equity market. Guzman and Bernad were recently featured in Ronald Chan's book "The Value Investors: Lessons from the World's Top Fund Managers."

Javier Saenz de Cenzano, CFA

Javier has more than 20 years of experience in manager selection at firms like Russell Investments and Morningstar. He joined Azvalor in 2018 to lead Azvalor Managers, a fund that partners with four out of the radar boutique-type managers selected through an in-depth and purely qualitative process.

Chris Mittleman - Mittleman Investment Management, LLC

Chris Mittleman serves as the Chief Investment Officer for Mittleman Investment Management, LLC and directs investment policy, research and portfolio management for the Firm. Chris is also the Chief Investment Officer of Aimia Inc. (TSX: AIM) and serves on the company's Board of Directors. Aimia Inc. is the parent company of Aimia AM Holdings, Inc. which owns Mittleman Investment Management, LLC. Chris has provided investment strategy and portfolio management for more than thirty years to clients including high net worth individuals, corporate pension plans, foundations and endowments, and other institutional investors. Chris managed private client portfolios for Spencer Clarke, LLC as Senior Vice President of Investments from 2002 until 2005, when he co-founded Mittleman Investment Management, LLC with his brother, Phil Mittleman. Prior to that, Chris was an Investment Executive at UBS (PaineWebber) for twelve years. He began his career in 1990 at Shearson Lehman Hutton, after attending Phillips Exeter Academy, and The Pennsylvania State University.

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Watch the full live stream: https://youtu.be/COhoNudD8vA