Old City Investment Partners is an investment management company located in Philadelphia, PA that has over 20 years of experience in the investment industry. The firm specializes in providing customized investment solutions to high net worth individuals, families, foundations and endowments. With a focus on preserving capital and generating consistent long-term returns, Old City Investment Partners utilizes a conservative, risk-managed approach to investing. The company’s investment philosophy is centered around identifying high-quality businesses with durable competitive advantages, understandable business models and experienced management teams. In this article, we will take a deeper look at Old City Investment Partners’ investment strategies, clients, team and performance over the years.
A Focus on Risk Management and Capital Preservation
One of the hallmarks of Old City Investment Partners is its emphasis on risk management and capital preservation. The firm aims to generate equity-like returns over the long run while exposing clients’ capital to less risk than the overall stock market. To accomplish this, they employ a flexible approach utilizing individual stocks, ETFs, mutual funds, bonds and alternative investments. Extensive fundamental research is conducted on each investment to understand the potential risks and mitigate them through position sizing and diversification. The goal is to build portfolios resilient enough to withstand inevitable market declines while still participating in upside moves.
Serving High Net Worth Investors
Old City Investment Partners works primarily with high net worth individuals, families, foundations and endowments. They offer personalized services tailored to each client’s specific needs and objectives. For individuals, this may involve retirement planning, generational wealth transfer, charitable giving, tax management and concentrated stock diversification. For institutions, Old City provides outsourced CIO services with discretionary management under the foundation’s investment policy. Their minimum account size is $3 million, allowing them to focus on a select number of clients and give each one the dedicated attention they deserve.
An Experienced Team Applying Proven Investment Principles
Old City Investment Partners was founded in 2001 by four partners with decades of combined experience in investment management. The firm takes a collaborative team approach to investing while staying true to the proven principles that have guided them over the years. These include a focus on high-quality businesses, margin of safety, minimizing turnover and taxes, contrarian thinking and ignoring short-term market noise. The partners believe successful long-term investing requires discipline, patience and an investment process applied consistently over market cycles.
A Solid Long-Term Track Record
Over its 20+ year history, Old City Investment Partners has generated competitive risk-adjusted returns for its clients. Annualized performance has exceeded relevant benchmarks over 3, 5, 10 and 15 year periods. The firm has successfully preserved capital during major market declines while outpacing the markets over full cycles. Through recessions, crises and recoveries, Old City has stuck to its core investment philosophy and process. The long-term track record gives clients confidence that the firm can continue meeting its objectives going forward.
In summary, Old City Investment Partners is an experienced investment management firm in Philadelphia that takes a conservative, risk-managed approach designed to generate equity-like returns over the long run while preserving client capital. Their proven investment process, seasoned team and long-term track record make them a compelling choice for high net worth investors in the area looking for a steady hand to guide their financial future.