Southeastern Asset Management

Southeastern Asset Management was founded by Mason Hawkins in 1975. In 1987, Southeastern created the Longleaf Partners Fund, its first mutual fund product, in order to allow its employees to invest in the funds owned by its clients. The Longleaf Small-Cap Fund was seeded two years later in 1989 as a way to invest in undervalued businesses that were too small for the firm's existing portfolios. The Small-Cap Fund later closed to new investors in 1997 and remains closed today.{{cite web| url = http://quicktake.morningstar.com/FundNet/SecFiling.aspx?symbol=LLPFX&country=usa|title=Longleaf Partners LLPFX|publisher= Morningstar, Inc.|access-date = May 19, 2014}}{{cite web| url = http://quote.morningstar.com/fund-filing/Prospectus/2013/5/1/t.aspx?t=LLPFX&ft=485BPOS&d=f60aedbeb168953bfdae365de65f00e0|title= LLPFX Longleaf Partners Prospectus|publisher= Morningstar, Inc. |date = May 1, 2013}}

The Longleaf Partners Funds is a suite of mutual fund and UCITS fund products introduced into the market by Southeastern Asset Management in 1987 as a way for Southeastern employees to invest in the funds they managed. Southeastern's employees and their immediate families are limited by the firm's code of ethics to invest in public equities through the firm's funds unless granted an exception.{{cite web| url =http://ibd.morningstar.com/article/article.asp?id=328961&CN=brf295,http://ibd.morningstar.com/archive/archive.asp?inputs=days=14;frmtId=12,%20brf295|title= At Longleaf, 'Partners' Is More Than a Name |author= Gregg Wolper|publisher= Morningstar, Inc.|date = March 11, 2010}}

Longleaf's flagship fund, Longleaf Partners Fund, was launched in 1987 and was later followed by Longleaf Partners Small-Cap Fund in 1989, Longleaf Partners International Fund in 1998, and Longleaf Partners Global Fund in 2012.{{cite web| url = http://money.usnews.com/funds/mutual-funds/large-blend/longleaf-partners-fund/llpfx |title= Longleaf Partners Fund|publisher= U.S. News & World Report|access-date = May 20, 2014}}

Southeastern provides separately managed accounts for institutional investors with three mandates: U.S., Non-U.S. and Global. Its U.S. mandate dates back to 1975 and its Non-U.S. mandate began in 1998. In 2000, Southeastern created its Global separately managed account mandate for institutional investors, combining U.S. and non-U.S. companies in one portfolio in 2000.{{cite web| url = http://seekingalpha.com/article/276800-3-buys-and-a-sell-from-longleaf-mutual-funds |title= 3 Buys and a Sell From Longleaf Mutual Funds|publisher= Seeking Alpha|date = June 27, 2011}}

Longleaf Partners’ Global UCITS fund was created in 2010 for investors outside of the U.S.{{cite web| url = https://www.bloomberg.com/quote/LLPSOUG:ID |title= Longleaf Partners Global UCITS Fund|publisher= Bloomberg Businessweek|access-date = May 19, 2014}} In 2012, the Longleaf Partners U.S. UCITS Fund was launched for investors outside of the U.S. to invest in U.S.-based companies.

Mason Hawkins is the Founder and Chairman of Southeastern Asset Management, Inc. He has been in the investment business for more than 40 years and has been the recipient of various industry awards throughout his career, including Institutional Investor's Lifetime Achievement Award, which he received in 2005.{{Cite news| url = http://www.institutionalinvestor.com/Article/1024973/Longleafs-Hawkins-Wins-Lifetime-Achievement-Award.html|title= Longleaf's Hawkins Wins Lifetime Achievement Award |publisher= Institutional Investor |date = January 11, 2005}}

Prior to founding Southeastern, Hawkins was the Director of Research at Atlantic National Bank from 1972 to 1973 and then held the same position at the First Tennessee Investment Management from 1974 to 1975.{{Cite news| url = http://www.valuewalk.com/mason-hawkins-resource-page/|title= Mason Hawkins Resource Page|publisher= Value Walk |access-date = May 16, 2014}}

Hawkins earned a B.A. in Finance from the University of Florida and an M.B.A. in Finance from the University of Georgia. He also holds the Chartered Financial Analyst (CFA) designation.{{Cite news| url = http://www.insidermonkey.com/hedge-fund/southeastern+asset+management/118/|title= Mason Hawkins Bio, Returns, Net Worth|publisher= Insider Monkey |access-date = May 18, 2014}}{{Cite news| url = http://www.conference-board.org/retrievefile.cfm?filename=Southeastern%20Asset%20Profile.pdf&type=subsite|title= Southeastern Asset Management, Inc.|publisher= The Conference Board, Inc. |date = September 30, 2009}}

Ross Glotzbach was named the Chief executive officer of Southeastern Asset Management, Inc. on January 1, 2019. Glotzbach has been with the company since 2004.{{Cite news| url = https://www.bizjournals.com/memphis/news/2019/02/04/new-ceo-named-at-southeastern-asset-management.html|title=New CEO named at Southeastern Asset Management|access-date = February 21, 2019}}

===Staley Cates===

Staley Cates is the President and Chief investment officer of Southeastern Asset Management. He joined Southeastern in 1986 after graduating from the University of Texas with a bachelor's degree in Business Administration. In 1994, he took over as President of Southeastern Asset Management.{{cite web| url = http://investing.businessweek.com/research/stocks/private/person.asp?personId=4842901&privcapId=8983447&previousCapId=4842823&previousTitle=Southeastern%20Asset%20Management,%20Inc.|title= George Staley Cates CFA|publisher= Bloomberg Businessweek|access-date = May 19, 2014}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}

Prior to joining Southeastern, Cates worked as a research associate at Morgan Keegan & Company. He has more than 29 years of investment experience.{{Cite news |url= http://www.memphis.edu/fcbe/events/2012/cates_1004.php |title= FCBE Events |publisher= University of Memphis |date= October 4, 2012 |url-status= dead |archive-url= https://web.archive.org/web/20140521012410/http://www.memphis.edu/fcbe/events/2012/cates_1004.php |archive-date= May 21, 2014 }}{{Cite news| url = http://soememphis.com/bio.asp?ID=139|title= Staley Cates |publisher= The Society of Entrepreneurs |access-date = May 18, 2014}}

{{Reflist}}

• [http://www.southeasternasset.com Southeastern Asset Management, Inc. corporate website]

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Category:Mutual funds of the United States

Category:Companies based in Memphis, Tennessee

Category:Alternative investment management companies

Category:Institutional investors

Category:Asset management companies