Newcastle Partners, LP
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average rating: 3.52 / 67 ratings
DESCRIPTION:

Date updated:02-26-2007

Newcastle Partners, LP is a $585 million dollar Dallas-based hedge fund founded by Mark Schwarz in 1993.

New positions: CGV, UIC, WLT

From D Magazine article by Adam McGill:

"Schwarz, 44, founded Newcastle with an investment philosophy based on the intrinsic value of assets. Basically, Schwarz and his Newcastle partners find a small, publicly traded company that isn't performing well. That's step one. Step two: buy a controlling interest. Step three: insinuate yourself onto the board of directors, clean house, and get the company to perform to its potential. Step four: profit. Philosophy is good; results matter. Newcastle boasts a 12-year annualized return of about 27 percent.

Schwarz has elbowed his way into the boardrooms of companies like Tandycrafts and Hallmark Financial Services. Other company's boards, like those of Gehl, a maker of construction equipment, and Haggar, maker of pants, have fended off his advances."

As of 12-31-06 filing.

symbol name last price % change open
  • +
  • HALL
    Hallmark Financia
  • $7.41
  • -2.50%
  • $N/A

No Analysis added

People owning HALL also tend to own: BIDUBLUDAKAMASEICCJCQBMNTA

TheStreet.com Rating: C+ What is this?

  • +
  • SVM
    Silvercorp Metals
  • $5.10
  • -2.86%
  • $5.27

No Analysis added

People owning SVM also tend to own: AAUKAKZOYBCSBTICOPDOWFDG

TheStreet.com Rating: No Rating What is this?

  • +
  • POS
    Pos
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning POS also tend to own: AXSBLCBRK-ACGVENHHALLIPCR

TheStreet.com Rating: No Rating What is this?

  • +
  • UNM
    Unum Group
  • $18.73
  • -2.55%
  • $19.18

No Analysis added

People owning UNM also tend to own: AXSBLCBRK-ACGVENHHALLIPCR

TheStreet.com Rating: B- What is this?

  • +
  • LINTA
    Liberty Media Cor
  • $10.51
  • -2.05%
  • $10.62

No Analysis added

People owning LINTA also tend to own: BRK-ACOFEBAYHDJNJOSTKPFE

TheStreet.com Rating: No Rating What is this?

  • +
  • CGV
    Cgg Veritas
  • $23.43
  • 0.00%
  • $N/A

No Analysis added

People owning CGV also tend to own: DVNGOKOYOGRIGAELAKHARJ

TheStreet.com Rating: C What is this?

  • +
  • MFW
    M&f Worldwide Cp
  • $31.41
  • -4.47%
  • $32.75

No Analysis added

People owning MFW also tend to own: AELAKHARJARLPASFIBOOMBTM

TheStreet.com Rating: C+ What is this?

  • +
  • BRK-A
    Berkshire Hath Hl
  • $111111.00
  • +1.01%
  • $110639.9922

No Analysis added

People owning BRK-A also tend to own: COFEBAYHDJNJLINTAOSTKPFE

TheStreet.com Rating: No Rating What is this?

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