David Barse, President and CEO of Third Avenue Management LLC talked to CNBC about Brookfield Asset Management’s possible bid for General Growth Properties.
GuruFocus readers are more familiar with the Martin Whitman, the founder of Third Avenue Management. Since the beginning of the year, Whitman has taken less an active role in the company’s fund management.
According to Third Avenue website:
Third Avenue Management owns 21,012,352 BAM shares as of 12/31/2009, which accounts for 8.91% of the $5.23 billion portfolio of Third Avenue Management. The firm has held BAM shares since before 2Q2007 when the stock price was much higher.
GuruFocus readers are more familiar with the Martin Whitman, the founder of Third Avenue Management. Since the beginning of the year, Whitman has taken less an active role in the company’s fund management.
According to Third Avenue website:
David Barse is the President and Chief Executive Officer of Third Avenue Management LLC. Mr. Barse joined Martin Whitman in 1991, soon after the inception of the Third Avenue Value Fund. Under Mr. Barse's strategic business development, Third Avenue has grown assets under management and has expanded its offerings to include separate accounts, subadvised portfolios and alternative investment vehicles.
Mr. Barse is also the CEO of M.J Whitman LLC, a full-service broker-dealer affiliated with Third Avenue. Previously, Mr. Barse practiced bankruptcy and corporate law. Mr. Barse received a J.D. from Brooklyn Law School and a B.A. from George Washington University.
Third Avenue Management owns 21,012,352 BAM shares as of 12/31/2009, which accounts for 8.91% of the $5.23 billion portfolio of Third Avenue Management. The firm has held BAM shares since before 2Q2007 when the stock price was much higher.
