Newsouth Capital Management Inc

NewSouth Capital Management, Inc. is an independently owned investment adviser founded in 1985 and located in Memphis, Tennessee. The firm specializes in managing assets for institutional and private clients, offering concentrated equity strategies through separately managed accounts and collective investment trusts. Their investment philosophy focuses on long-term capital appreciation through fundamental, bottom-up research to identify undervalued companies resilient to market circumstances. NewSouth's strategies are not suitable for typical retail investors. The firm acts as an investment adviser to a private limited partnership and participates in wrap fee programs. Clients' assets managed as of March 31, 2024, totaled $2,618,000,000. NewSouth charges fees based on account assets and offers performance-based fees to institutional clients. The firm exercises investment discretion, selecting securities and timing transactions in line with clients' objectives. NewSouth's Proxy Voting Policy prioritizes increasing shareholder value and does not vote proxies for political agendas or ESG goals unless directed by clients. The firm does not compensate third parties for client referrals and has no material changes to disclose since July 1, 2021. For more information, clients can contact Patrick Danehy, Principal and Chief Compliance Officer.