Investment Management Services
East Coast Asset Management, LLC (“ECAM”, the “Firm”, “We”) is a Limited Liability
Company organized in Massachusetts. ECAM has been in business since 2008 and provides
investment management services to individual and institutional clients. The owners are
Christopher Begg, Scott Bradford and Benjamin Favazza.
ECAM provides customized and comprehensive investment management services to individuals,
trusts, foundations, endowments, pension, and profit-sharing plans, charitable organizations, and
other entities. These investment management clients are also referred to as “Separately Managed
Accounts Clients” or “SMA Clients”. ECAM also provides investment management services to
its affiliated hedge fund, the ECAM Partners Fund, LP (the “Fund”).
For our SMA Clients, we provide customized and comprehensive investment management
services on a continuous or regular basis. These services include the design and execution of
appropriate investment strategies that may be applied to an entire portfolio or a portion of an
SMA Client’s assets to meet a specific objective within an overall investment strategy (e.g., a
concentrated, single asset class mandate). ECAM also conducts ongoing research to support our
selection of equity, fixed income, and cash reserve instruments. We adjust our overall strategy
based on discussions with SMA Clients or due to shifting fundamental conditions within the
global capital markets. We also may factor in our SMA Clients’ tax situations and multi-
generational considerations. On a case-by-case basis, ECAM has the ability to satisfy the needs
of SMA Clients with specific restrictions.
For prospective clients who have not directed us to utilize a particular strategy or follow a
specific mandate, we generally recommend one of ECAM’s proprietary investment strategies:
Partners Strategy Replaced with the ECAM
Partners Fund
Existing SMA Clients that utilize this strategy will not be affected. However, this strategy is no
longer available to prospective clients in the form of separately managed accounts. However,
prospective investors can utilize the same Partners Strategy by investing in the ECAM Partners
Fund, LP. The Fund is available to qualified clients1 with a minimum purchase of $1,000,000,
subject to waiver at the discretion of the General Partner.
Partners Strategy for Separately Managed Accounts and the ECAM Partners Fund
This strategy invests in the equity securities of publicly traded companies without any specific
constraints relating to the country of origin or market capitalization. The profile of our typical
client utilizing this strategy also uses several other investment managers that specialize in
investment strategies that differ from the Partners Strategy. This alleviates us from the need to
provide a diversified portfolio in the traditional sense and allows us to build a concentrated
portfolio of approximately 8 to 15 companies. It is expected (but not required) that 50% or more
1 The term “Qualified Client” is defined in the Securities and Exchange Commission’s rules to the Investment
Advisers Act of 1940.
of the Fund’s assets will be invested in U.S. equities. Although not anticipated, the Fund may
occasionally assume a short position, utilize margin, options, futures, or other derivatives.
Global Focused Value
Our Global Focused Value strategy is available to all SMA Clients. For our Global Focused
Value strategy, we employ a concentrated investment approach, typically holding between 20
and 30 securities. We are opportunistically global with the flexibility to invest anywhere in the
world.
As of December 31, 2023, ECAM has assets under management (AUM) in the amount of
$615,686,680. These assets are managed on a discretionary basis.