Ruane, Cunniff, and Goldfarb

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Ruane, Cunniff & Goldfarb based in New York City[1] is the investment firm founded in 1969 by William J. Ruane and Richard T. Cunniff. The firm manages its trademark Sequoia Fund, which has one of the best long-term performance records on Wall Street. The firm manages over $14 billion in assets.

Officers of Ruane, Cunniff & Goldfarb (partial list):

[edit] Sequoia Fund

Ruane, Cunniff & Goldfarb is perhaps best known as the investment advisor and distributor of Sequoia Fund (SEQUX). From the fund's inception in 1970 through March 2008, its average annual total return has been 15.61%. The fund was closed to new investment from 1982 to April 30, 2008.

As of March 31, 2008, the fund's net assets were roughly $3.3 billion. The fund's largest holding is Berkshire Hathaway Inc. Sequoia holds roughly $816 million in Berkshire Hathaway stock.

Officers of Sequoia Fund:

  • Richard T. Cunniff, Vice Chairman
  • Robert D. Goldfarb, President
  • David M. Poppe, Executive Vice President (since January 31, 2003)
  • Joseph Quinones, Jr., Vice President, Secretary, Treasurer & Chief Compliance Officer

Portfolio managers of Sequoia Fund:

  • Robert D. Goldfarb (since June 30, 1998)
  • David M. Poppe (since November 25, 2005)

Directors of Sequoia Fund:

  • Vinod Ahooja
  • Richard T. Cunniff
  • Robert D. Goldfarb
  • Roger Lowenstein
  • Francis P. Matthews
  • C. William Neuhauser
  • Sharon Osberg
  • David M. Poppe
  • Robert L. Swiggett

[edit] External links

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