Overview
Background and Ownership
Snyder Capital Management, L.P. (“SCM”) is a San Francisco based investment
advisory firm established in 1984 and has been independently owned since January
1, 2016. SCM is staffed by experienced, research-oriented investment professionals
who provide investment management services to foundations, endowments,
corporations, public entities, insurance companies, individuals, and high net worth
individuals.
Primary Business
SCM provides discretionary and non-discretionary investment management services
and consulting investment services to individuals and institutional investors
primarily through separate accounts in the small, small/mid, or concentrated
strategies. SCM also provides investment management services to two investment
limited partnerships and serves as the investment adviser to a collective investment
fund. (Item 8 provides more information about SCM’s investment strategies).
For discretionary investment management services, SCM receives discretionary
authority from the client at the outset of an advisory relationship to select the identity
and amount of securities to be bought or sold. Subject to SCM’s consent, the client has
discretion to impose specific investment restrictions and guidelines (e.g., limitations
on security exposure). In all cases, however, SCM exercises investment discretion in
a manner consistent with the stated
investment objectives for the particular client
account.
SCM typically invests in U.S. Equities and foreign companies that are traded on U.S.
exchanges and can also invest client assets in securities and warrants, options or
rights to acquire securities through private placement transactions, although the
securities or the underlying securities are of classes that are traded in public
securities markets. In such cases, it is possible for there to be no potential to resell
such securities or instruments for extended periods, even if the value of the securities
depreciates materially.
For its consulting investment services, SCM provides non-discretionary investment
services in the form of model portfolios that are used by a non-affiliated outside
Manager to manage their advisory client accounts. SCM provides on-going non-
discretionary recommendations and investment advice regarding such model
portfolios and provides updates and changes as needed.
SCM is the investment manager to and general partner of Stirling Partners, a California
limited partnership, and Snyder Small Cap Value Fund, L.P., a Delaware limited
partnership, which invests in securities. SCM is permitted to solicit investors who are
or are not clients of SCM, to invest in such partnerships.
As of December 31, 2023, SCM managed $4.78 billion in assets under management and
assets under advisement.