David M. Barse
David M. Barse
Mr. Barse has led investment boutique Third Avenue Management LLC for two decades, overseeing a roster of alternative strategies, mutual funds, separate accounts and sub-advised portfolios with $11 billion under management.
Each of Third Avenue’s products adhere to the disciplined, deep value investing strategy developed by Martin J. Whitman and honed by the talented roster of investment professionals led by Mr. Barse.
Third Avenue specializes in global and domestic equities, debt instruments, and special situations.
Mr. Barse has overseen Third Avenue’s expansion into investments outside of the U.S. including developed markets in Europe and Asia as well as emerging and frontier markets worldwide.
Drawing on his background as a bankruptcy attorney, he has worked on Third Avenue’s most high profile distressed investments, including Kmart, USG, and Covanta Energy.
In each case, Third Avenue either controlled or had elements of control in the reorganization of the company.
Mr. Barse currently serves on the board of Covanta Holdings Corporation, a market leader in energy from waste technology.
Prior to joining Third Avenue in 1991, Mr. Barse had a distinguished career in bankruptcy and corporate law.
At the creditors’ rights firm of Zalkin, Rodin & Goodman LLP he primarily represented commercial banks in the workouts of non-performing loans and the financing of companies in Chapter 11 through debtor-in-possession loans.
Later at Robinson, Silverman, Pearce, Aronsohn & Berman LLP, his work helped to develop the secondary market for distressed debt.
Mr. Barse is frequently sought after by the financial media, including CNBC, The Wall Street Journal, Fox Business News, Forbes, Fortune, Business Week and Bloomberg.
Mr. Barse can speak about market conditions, corporate finance, corporate governance, business ethics and bankruptcy law.
Mr. Barse holds a J.D. from Brooklyn Law School and a B.A. from George Washington University.
He endows the Barse Scholarship at Brooklyn Law School, where he is a member Board of Trustees.
Mr. Barse also serves on the Board of Directors of the New York City Parks Foundation.