About Select equity group, l.p.
Select Equity Group, L.P. is a renowned investment firm that was established in 1990 with the aim of providing superior returns to its clients through rigorous and independent research and disciplined long-term investing. The company has been successful in achieving its goal by adhering to its core values of integrity, excellence, teamwork, and accountability.
The company's investment philosophy is centered on identifying high-quality businesses with sustainable competitive advantages that can generate consistent cash flows over the long term. Select Equity Group believes that such companies are undervalued by the market due to short-term noise and volatility, which provides an opportunity for patient investors to buy them at a discount.
Select Equity Group's investment process begins with extensive research into potential investments using both quantitative and qualitative analysis. The firm's team of experienced analysts conducts thorough due diligence on each company under consideration, including meeting with management teams, analyzing financial statements, assessing industry trends and competitive dynamics.
Once an investment opportunity has been identified as meeting Select Equity Group's strict criteria for quality and value, the firm constructs a concentrated portfolio of 20-30 positions. This approach allows the company to focus on its best ideas while minimizing risk through diversification.
One area where Select Equity Group excels is in identifying secular growth trends that are likely to drive long-term value creation. For example, the firm was an early investor in e-commerce giant Amazon.com when it was still a relatively unknown online bookseller. Today Amazon.com is one of the largest companies in the world by market capitalization.
Another key strength of Select Equity Group is its ability to identify management teams that are aligned with shareholders' interests and have a track record of creating value over time. The firm believes that strong leadership is critical for sustained success in any business.
Select Equity Group serves a diverse range of clients including pension funds, endowments & foundations, family offices as well as high net worth individuals seeking superior returns from their investments while minimizing risk through disciplined investing practices.
In conclusion, Select Equity Group has built an impressive track record over more than three decades by adhering to its core values while executing on a disciplined investment process focused on identifying high-quality businesses trading at attractive valuations. With an experienced team of professionals dedicated to delivering superior results for clients over time through rigorous research-driven investing practices - this makes them stand out among other firms within their industry!