Twin Lions Management is an investment management firm based in New Canaan, CT

Twin Lions employs a concentrated, value-oriented approach to investing in publicly traded securities. Our investment objectives are:
1
To safeguard the long-term purchasing power of the capital our clients have entrusted to us
2
To deliver net returns substantially in excess of benchmark indices over the course of a full market cycle
We believe the best way to achieve these objectives is to purchase shares in a group of sound, well managed companies when they sell significantly below their intrinsic business values.

“A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that is required is a willingness to bet big when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.”

- Charlie Munger
Investment Philosophy

We think of common stocks as fractional ownership interests in real businesses, not as pieces of paper to be traded endlessly back and forth. By extension, we think of ourselves and our partners as business owners. We seek common stock investments in companies with the following characteristics:

1
An underlying business that earns attractive returns on the resources it employs
2
A talented and trustworthy management team whose interests are aligned with shareholders'
3
A purchase price that represents a substantial discount from our estimate of intrinsic value

Once we have identified a business that meets each of our criteria, we prefer to remain invested for several years. Our portfolio typically consists of approximately 5-15 investments with low turnover from year to year. The majority of our investments are in small, mid, and micro-cap securities listed in North America, but our mandate gives us broad flexibility to invest in companies of any size or geography.

Our experience has taught us that great investment opportunities are rare, so we concentrate clients' capital in our very best ideas.

About

Twin Lions Management was founded in 2018 by Timothy R. Abbott. Prior to Twin Lions, Tim spent four years as an Analyst at Hound Partners, a hedge fund based in New York, NY. Before joining Hound, he spent three years as an Analyst at CPMG, a hedge fund based in Dallas, TX. Tim graduated Magna cum Laude from Princeton University with an A.B. in Economics and a Certificate in Finance.

Dixon McDonald is a Partner and Chief Operating Officer at Twin Lions. He joined the Firm in January 2023 as a Partner and Head of Business Development. Prior to Twin Lions, Dixon spent three years on the management team of Ambra Health, a New York-based healthcare software company, where he served as Director of Strategic Accounts. Prior to Ambra Health, he spent eight years at Goldman Sachs on the Prime Services Capital Introduction team in New York and London. Dixon graduated from Vanderbilt University with a B.A. in History and Minors in Corporate Strategy and English. He is the 55th American to ever row a boat unsupported across the Atlantic Ocean from the Canary Islands to Antigua, having captained a 4-man team in the 2020 Talisker Whisky Atlantic Challenge. He is a USA Triathlon All-American and Achilles International running guide.

Twin Lions Management serves as the Investment Manager for Twin Lions Partnership LP, a private investment partnership that is open to accredited investors.

Contact
Phone
(917) 880-4047
Location