Welcome to the Q4 2024 issue of Hidden Value Stocks from Hedge Fund Alpha (formerly ValueWalk Premium).
As always, some big things are happening here at HFA. Conference season is about to shift into high gear, and HFA is on top of it. Here are some of the conferences we expect to cover:
- Oct. 1 – London Growth Conference
- Oct. 15 – SOHN Investment Conference, San Francisco
- Oct. 22 – Invest for Kids, 16th Annual Conference, Chicago
- Oct. 23 – Robin Hood Investors Conference, London
- Nov. 20 – SOHN Investment Conference, London
You can expect to find complete coverage of these conferences and more at HedgeFundAlpha.com.
We’ve also completed the migration of Hidden Value Stocks to the new domain, and we’ve got some new tools and features in the works, which you’ll read about in future issues.
This issue features Anand Vasagiri and Beini Zhou with Artisan Partners and James Hollier with Silver Beech Capital.
Now without further ado, here’s more on both firms and their top two under-the-radar value picks.
Jacob Wolinsky, Founder, Hedge Fund Alpha
Michelle deBoer-Jones, Editor-in-Chief, Hedge Fund Alpha
Introduction to Anand Vasagiri, Beini Zhou and Artisan Partners
Anand Vasagiri and his partner, Beini Zhou, are co-portfolio managers of the Artisan International Explorer Strategy, overseeing the research process and conducting fundamental research together as generalists. The strategy invests in non-U.S. small-cap companies.
Before they launched the strategy in the third quarter of 2020, Vasagiri managed the Global Small Cap Strategy at Paradice, a boutique Australian investment management firm, while Zhou worked as a portfolio manager at Matthews Asia.
Before those positions, Vasagiri and Zhou met while working as analysts for the Artisan International Value and Global Strategies, with a three-year overlap between 2007 and 2010. Zhou described himself and Vasagiri as “boomerangs” due to their return to Artisan.
“The opportunity to come back to where I developed professionally and launch a new product was too alluring for me to resist,” Zhou told Hedge Fund Alpha.
Introduction to James Hollier and Silver Beech Capital
James Hollier is the portfolio manager and managing partner at Silver Beech Capital, which he launched with James Kovacs in January 2023. Before founding Silver Beech, he was a private
equity investor at TPG Capital, where he specialized in real estate and real estate-intensive operating companies. Before TPG, Hollier started his career as an investor at Morgan Stanley’s merchant banking and real estate investing group.
He’s been passionate about investing since he was a teenager. Although neither of Hollier’s parents were professional investors, they often discussed business and the stock market at the dinner table, encouraging him to share his views starting from an early age. He believes he inherited his mother’s relentless work ethic and desire to invest profitably.
“As a teenager, reading finance and investing books like [Benjamin] Graham’s Security Analysis and [Roger] Lowenstein’s biography Buffett: The Making of an American Capitalist instilled in me a lifelong passion for investing,” Hollier told Hedge Fund Alpha. “I knew from an early age that I wanted to spend my life investing. Reading these books also gave me the confidence to pursue my passion for the liberal arts as a college student.”
He noted that making better predictions about the future requires a “flexible intellect and deep curiosity.” The Silver Beech team not only uses economics and accounting principles to invest every day but also skills honed in a liberal arts education.
Below subscribers can find both the regular PDF and interactive version.