Cantillon Capital Management LLC

Cantillon Capital Management LLC, established in February 2003 by William von Mueffling, is a registered investment adviser managing $21,043,544,151 on a discretionary basis as of December 31, 2024. The firm offers discretionary investment management services to institutional investors through pooled investment vehicles and separately managed accounts. Cantillon's investment strategy focuses on seeking long-term capital appreciation by investing in a globally diversified portfolio of equities and equity-related securities. The firm employs a three-step investment process involving quantitative screening, qualitative (fundamental) analysis, and investment portfolio construction. Cantillon charges an annual asset-based management fee up to 1.25% for its services, with fees typically based on the size of assets under management. The firm does not receive additional compensation through a reciprocal agreement with Cantillon Capital Management LLP. Clients are encouraged to review the Funds' offering documents for a detailed understanding of fees and expenses. Cantillon requires a minimum account size of $200 million for separately managed accounts, with the flexibility to waive this requirement. The firm primarily serves private investment funds, corporate pension plans, charitable institutions, and other institutional investors. Cantillon acts as a fiduciary and does not compensate third parties for client referrals. Clients' investments are subject to market risks, and Cantillon has established risk management systems to address cybersecurity threats and pandemic-related uncertainties. The firm's Code of Ethics ensures compliance with federal securities laws, prohibits the misuse of material non-public information, and outlines personal securities trading procedures. Cantillon's brokerage practices prioritize best execution, and the firm may engage in commission sharing arrangements with approved brokers for research services. Cantillon exercises investment discretion in selecting securities and amounts to be bought or sold, aligning with clients' investment objectives and guidelines. The firm is responsible for voting client securities in a manner consistent with clients' best interests and utilizes Institutional Shareholder Services Inc. for independent research and proxy voting. Cantillon maintains financial stability without any impairments affecting its ability to meet contractual and fiduciary commitments.