Founded in 1995, Daruma Asset Management invests in high-conviction small- and smid-cap portfolios of no more than 35 stocks. Our firm is 100% employee-owned, and manages $1.5 billion for public and corporate pension plans, endowments, foundations and individuals.
We practice true active management by owning only our most compelling ideas. We buy stocks with the potential to go up 50% or more over the next two years, with a reward-to-risk ratio of three to one.
This strategy has resulted in outstanding small-cap long-term performance with average annual portfolio turnover of under 50%.
Small-Cap Annualized
Returns (net of fees) since inception (07/28/95 to 09/30/11)
SMid-Cap Annualized
Returns (net of fees) since inception (04/30/10 to 09/30/11)