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For over 25 years, Third Avenue Management has consistently pursued a fundamental, bottom-up approach to deep value and distressed investing. Third Avenue Management manages assets across three core strategies Value, Small-Cap and Real Estate.
For the three months ended June 30th, 2021, the Third Avenue Value Fund returned 4.34%, compared to the MSCI World Index, which returned 7.88%.
During the quarter ended June 30th, 2021, the Fund did not establish any new positions and exited one position, Eagle Materials.