Lead Portfolio Manager
Mr. Wadhwaney has managed foreign stock portfolios since 1996. He has been particularly interested in emerging economies where he has long believed that market inefficiencies favor bottom-up value investors.
Mr. Wadhwaney is the founding manager of the Third Avenue International Value Fund, an open end mutual fund, as well as the Third Avenue Global Value Fund and the Third Avenue Emerging Markets Fund. Mr. Wadhwaney also manages the Third Avenue International Value Fund UCITS for overseas investors as well as institutional separate accounts.
Earlier in his career, Mr. Wadhwaney was a securities analyst, and subsequently Director of Research, for M.J. Whitman, Third Avenue's affiliated broker-dealer. Mr. Wadhwaney was also a paper and forest products analyst at Bunting Warburg, a Canadian brokerage firm. He began his career at Domtar, a Canadian forest products company.
He holds an M.B.A. in Finance from the University of Chicago, a B.A. with honors and an M.A. in Economics from Concordia University in Montreal (where he also taught economics) and B.S. degrees in Chemical Engineering and Mathematics from the University of Minnesota. He speaks French, Spanish, Hindi, Sindhi, Gujarati and English.
Matthew Fine, CFA
Mr. Fine is a portfolio manager of the Third Avenue International Value Fund. He joined Third Avenue in 2000 and began working with inception manager Mr. Wadhwaney in an effort to identify investment opportunities in the wake of the Argentine crisis of 2001. Mr. Fine has a broad range of experience having been responsible for myriad investments in developed and developing markets across North America, Latin America, Europe and Asia.
He joined Third Avenue's research and portfolio management team as a Research Assistant, the first position typically held by Third Avenue’s internally developed talent. He became a Senior Research Analyst in 2008 and a principal of the firm in 2009.
Mr. Fine holds a B.A. in Economics from Hamilton College and is a member of the New York Society of Security Analysts.
Mr. Hounsell joined Third Avenue in 2013 as a research analyst with the International Value Team. He previously worked as an investment banking analyst focused on mergers & acquisitions and other resource conversions at Centerview Partners. While at Centerview, he read The Aggressive Conservative Investor by Third Avenue’s Founder and Chairman Martin J. Whitman and was inspired to apply his investment banking knowledge to stock market investing.
Mr. Hounsell holds a B.A. in Economics from Wesleyan University, where he graduated Phi Beta Kappa and played four years as a pitcher for the university’s baseball team.