Senior Managing Director, Portfolio Manager
Years at First
Andrew Freedberg is a Senior Managing Director, Portfolio Manager, and member of First Manhattan Co.'s Research Committee. Since 2007, he has been managing accounts for individuals, partnerships, trusts, retirement accounts, and endowments.
Previously, Andrew was a Research Analyst for First Manhattan for more than 10 years, following companies in the Consumer Packaged Goods, Retail, Media, and Services sectors. Between 2010 and 2015, he was the firm's Director of Research, during which time the nine primary Research Analysts reported directly to him.
Andrew holds an MBA from the Kellogg Graduate School of Management at Northwestern University.
Portfolio construction and management
Andrew's approach to portfolio management attempts to mitigate the impact of wide swings in the market, with the goal of growing his clients' capital without taking undue risks. He seeks to:
- Prioritize “franchises,” businesses that operate in industries with high barriers to entry, retain leading market positions, generate strong and sustainable cash flows, and have management teams that deploy those cash flows in shareholder-friendly ways.
- Place tremendous importance on the quality of a company’s executive team, making it a point to meet a company’s leadership before investing.
- Meet with managers of existing holdings on a regular basis to ensure that those companies are continuing to perform well.
My promise is that I will always be able to articulate why I bought a stock and why I continue to own it.