Polaris Capital Management, LLC

Overview

Polaris Capital Management, LLC is a Boston, Massachusetts money manager that specializes in the management of international, domestic and global equity portfolios.

Polaris employs an unconstrained pure value equity selection process that is characterized as an active, all-capitalization investment approach. The approach utilizes bottom-up research to uncover the most undervalued streams of free cash flow in the world. Identifying these streams of sustainable cash flow (e.g. companies) requires a “statistically patient” investment process. Polaris’ investment team believes normal market fluctuations will continue to produce undervalued companies.

The investment philosophy has been in place since 1984, with minor changes along the way to improve the process.

AUM*

$12 B
*as of 12/31/22

YEAR FOUNDED

1995

BOSTON BASED

boston-3

NINETEEN EMPLOYEES

private3

PRIVATELY HELD

privatecompany

Polaris Portfolio Managers

Bernard R. Horn Jr.

Investment Experience:
41 Years

Prior Experience:
MDT Advisers, Inc.
Freedom Capital Management Corporation
Horn & Company

Education:
B.S. Northeastern University
M.S. Massachusetts Institute of Technology

Sumanta Biswas, CFA

Investment Experience:
25 years

Prior Experience:
Delta Partners
Securities and Exchange Board of India

Education:
B.S. North Bengal University
M.B.A. Calcutta University
M.S. Boston College

Bin Xiao, CFA

Investment Experience:
14 years

Prior Experience:
HSBC Global Investment

Education:
Beijing Institute of Technology in China
M.S. Rochester Institute of Technology
M.B.A. Massachusetts Institute of Technology

Jason Crawshaw

Investment Experience:
26 years

Prior Experience:
Liberty Square Asset Management
Brait Specialized Funds U.S.
Equinox
First Rand and Coronation Securities of South Africa

Education:
B.A. Middlebury College
M.B.A. University of Notre Dame