Martin Fräss-Ehrfeld

MLAM's worldwide approach to equity investing uses a philosophy of identifying relative value among individual stocks and stock markets by focusing primarily on two variables: reinvestment rate and the price-to-book value ratio. There are seven additional screens employed to further refine the process. The factors used to identify value include price-to-cash flow, price-to-earnings ratios, past and future earnings growth and dividend payouts. For asset allocation, a country whose market valuation measurements seem consistently above or below world averages or its own historical averages are over or under-weighted accordingly. The degrees of over or under-weighting are determined by relative economic prospects as measured by the outlook for GNP, inflation and interest rates of each country and their impact on currency movements. By combining a value approach to individual stock selection with asset allocation by country, the firm seeks to achieve consistent performance relative to international equity indexes. MLAM combines top-down and bottom-up analysis and uses proprietary models as part of their research process. Their funds are team-managed.

Engages in the exploration, development, production and sale of petroleum and natural gas

TCI is an activist, value- and catalyst-driven manager which invests globally in equity for the medium- to long, or even very long-term. The utilize a bottom-up investment process based on fundamental research to target strong business franchises with sound fundamentals. They invest in mid- and large-cap stocks in Western Europe, as well as in North America, Asia and emerging markets. The firm seeks to identify significantly undervalued companies in markets protected by high barriers to entry. They follow a long/short event-driven investment strategy and construct long-biased, highly concentrated portfolios. They typically acquire minority stakes, occasionally using swaps to increase their shareholding positions, and seek alliances among the other minority shareholders to determinedly promote shareholder value creation. TCI is an activist firm and is included in the SharkWatch50 as one the 50 most prominent activist investors. They have been credited for having prevented the takeover of the London Stock Exchange by Deutsche Börse in 2005, and for having facilitated the takeover of ABN AMRO by Royal Bank of Scotland in 2007. They have invested significantly in US railroads and Hong Kong real estate.

Pre-production oil sands exploration and development company

Blackstone Corporate invests in middle market companies located across the globe. The firm targets companies operating across a broad range of sectors and industries. It provides financing for buyout and growth stage capital requirements.

Functions as a College/University

The Blackstone Group International invests in companies located in the United Kingdom. The firm focuses on a broad range of sectors and industries. It participates in growth and buyout capital transactions.

Provides alternative asset management services

Functions as a College/University