We want to be world-class partners to world-class investment firms
Focusing on the fundamentals of great partnership…
Supporting managers through volatility and difficult times
Avoiding creating unnecessary distractions or time sinks for our managers
Working with managers to solve problems, with a focus on “growing the pie,” not dividing up the pie
Providing our perspective on topics such as incentives and building a capital base
…and seeking ways to help
Introducing emerging managers to high-quality, experienced investors who can provide guidance and mentorship
Creating events like our annual Emerging Manager Roundtable to help emerging managers who are in the process of launching a fund
Leveraging our internal operations team to provide operational/structuring assistance to emerging managers
Using our network to share information or contacts that can be helpful to them on research projects
Case Studies
Taking advantage of volatility
Several years ago, one of our managers called us the day after their largest position had been the subject of a public short report. The stock was down 30%, with other positions down significantly too given the economic uncertainty at the time. They reviewed the report in detail and did not believe there was anything remotely new or important. We had known the firm six years and had been waiting to take advantage of an opportune time to increase our position, which we did the next day.
Providing operational support
In 2023, we received a cold inbound message from a prospective stockpicker. He had successfully managed his own personal money for over a decade, with a growing roster of individual investors referred by word of mouth. However, he did not have any institutional investors. Our investment and operations teams collaborated with the stockpicker to set up an account structure that allowed him to manage MIT’s money while keeping his overall operations simple and remaining a one-person shop.
Emerging manager roundtable
The past several years, we hosted a multi-day in-person event in the spring for six to eight recently or soon-to-be-launched funds. The event is targeted at managers with less than $25 million of AUM and many participants launched with single digit millions. The group discussed many topics related to firm building and investing. MITIMCo shared emerging manager case studies from our own experience, and brought now-established but formerly emerging managers in as guest speakers to share mistakes and learnings from their journey. We plan to repeat this event annually in the spring; if you are interested in being selected for the six to eight slots for a future event, please subscribe to our emerging manager website https://emergingmanagers.org to be alerted when applications are open.
Please note that we receive large numbers of inbound solicitations (typically 1,800 cold emails annually), far more than our small investment team (typically around a dozen people) can pursue. Many of these opportunities may be interesting, but do not fit our approach.
If you are bold enough to put yourself out there by sending us information about your fund, despite the long odds, you already have our respect.
We regret that we cannot respond individually to every person who reaches out.