Established in 2004 by Michael van Biema, van Biema Value Partners is a specialized investment management firm focused exclusively on investing in small (in terms of assets under management), deep value-oriented managers. We currently manage three strategies differentiated by geography: US, Asia, and Global. We also serve as an OCIO and offer customized portfolios for specific mandates. We run the firm based on two fundamental tenets that have been borne out in both academic and empirical research: that a value approach outperforms other investment styles and the broader markets over the long term, and that small managers tend to outperform larger managers. We believe that via the deep expertise and extensive proprietary network of our investment team, led by Michael van Biema, former professor of value investing at Columbia Business School, and our renowned Board of Advisors, we can provide our clients and investors with access to a high alpha niche of talented, small, "undiscovered," deep value managers globally that they would generally have great difficulty identifying and evaluating independently but who have the potential to generate superior long-term investment returns.
Michael van Biema | Chief Executive Officer and Chief Investment Officer
Michael van Biema is the founder of van Biema Value Partners, LLC. Prior to establishing the firm, Michael was on the faculty of Columbia Business School from 1992 to 2004 where he taught value investing, general corporate finance, capital markets, securities analysis, and entrepreneurial finance in both the regular and executive MBA programs. He has also served as director of a multi-year, multimillion-dollar research project into productivity in the service sector funded by the Alfred P. Sloan Foundation. He received his B.A. from Princeton University in Electrical Engineering and his Ph.D. from Columbia University in Computer Science. Before joining the faculty of Columbia Business School, he was involved in several IT-related startup ventures.
More recently, he has consulted to companies such as American General, Bell Atlantic, Brambles, CitiGroup, Deutsche Telekom, Gabelli Asset Management, Goldman Sachs, Merck, Salomon Brothers, and Vontobel Asset Management and several private asset management firms.
Michael is the author of numerous publications including an article in the Harvard Business Review entitled “Managing Productivity in the Service Sector” (Summer 1998), is co-author of the books Value Investing from Graham to Buffett and Beyond (Wiley, June 2001), Concentrated Investing (Wiley 2016), and has lectured internationally on value investing.
Douglas B. Meehan | Deputy Chief Investment Officer
Douglas Meehan is the Deputy Chief Investment Officer of van Biema Value Partners, LLC. Doug joined the firm in May 2012. Previously, he worked as a research analyst at a proprietary securities fund within Sentinel Real Estate Corp., a privately-held real estate investment advisor in New York. Prior to joining Sentinel, he worked as a research analyst with the value-oriented, long/short group at Duma Capital Partners, a multi-strategy hedge fund in New York. Before attending graduate school, he worked in Hanoi, Vietnam, conducting research to obtain the licensing for the region’s Caterpillar dealership, and then as a consultant conducting research on privately owned Vietnamese companies for the International Finance Corporation.
Doug received a BA in Philosophy from Columbia University, a PhD in Philosophy and Cognitive Science from the City University Graduate Center, and an MBA from Columbia Business School, where he participated in the Applied Value Investing Program.
Jeffrey T. Hamm | Co-Portfolio Manager and Risk Manager
Jeffrey Hamm is a Co-Portfolio Manager and Risk Manager at van Biema Value Partners, LLC. Jeffrey joined the firm in July 2010. Previously, Jeffrey was a Senior Accounting Supervisor at HSBC Alternative Fund Services, where he prepared portfolio pricing analytics, portfolio valuations, and financial statements for hedge fund clients. Prior to joining HSBC, Jeffrey was with Security Benefit, where he was part of the Small- and Mid-Cap valuations and accounting team. While completing his undergraduate studies, Jeffrey worked for Sabatka & Company, a financial advisory firm in Manhattan, KS, and Cornerstone Investments, the investment division for Cornerstone Bank in York, Nebraska.
Jeffrey earned a BBA in Finance and BA in Accounting from York College. He has an MBA from Baker University. Jeffrey is involved with the Value Investing Committee and is an affiliate member of the New York Society of Security Analysts.
Sam Klier, CPA | Chief Financial Officer and Chief Compliance Officer
Sam Klier is the Chief Financial Officer and Chief Compliance Officer of van Biema Value Partners, LLC. Sam joined the firm in September 2008 and heads the Operational Due Diligence team. He is responsible for all financial aspects of the firm including the NAV and investment processes, in addition to all relevant compliance matters. Before joining the firm, Sam served as an Associate Director at Bear Stearns Asset Management, Inc. ("BSAM") from July 2004 until August 2008 and was the Corporate Controller of BSAM's hedge fund business, assisting with the structure and launch of all new BSAM hedge funds.
Prior to joining BSAM, Sam was a Senior Accountant at Goldstein Golub Kessler LLP / American Express Tax and Business Services ("GGK") in New York City. At GGK, Sam planned and performed financial statement audits, reviews and compilations for investment partnerships, along with the related tax returns and schedule K-1s. Sam received his Bachelor of Arts degree cum laude from Brooklyn College and is a CPA in the state of New York.