Form ADV Part 2A, Item 4
THIS SECTION IS REQUIRED. YOU MAY NOT OMIT THIS HEADING. You must answer each item. If an
item is not applicable, you must state that it is not applicable.
A. Describe your advisory firm, including how long you have been in business. Identify your principal owner(s).
Notes: (1) For purposes of this item, your principal owners include the persons you list as owning 25% or more
of your firm on Schedule A of Part 1A of Form ADV (Ownership Codes C, D or E). (2) If you are a publicly held
company without a 25% shareholder, simply disclose that you are publicly held. (3) If an individual or company
owns 25% or more of your firm through subsidiaries, you must identify the individual or parent company and
intermediate subsidiaries. If you are an SEC-registered adviser, you must identify intermediate subsidiaries that
are publicly held, but not other intermediate subsidiaries. If you are a state-registered adviser, you must identify
all intermediate subsidiaries.
Southeastern Asset Management International Singapore Pte. Ltd. (“SAMI Singapore”) is a wholly-owned
Singapore subsidiary of Southeastern Asset Management, Inc. (“Southeastern”), a US SEC-registered
investment advisor. Southeastern is in the business of providing discretionary investment management
services for institutional accounts and funds.
SAMI Singapore was formed in August 2008 and obtained its fund management license from the Monetary
Authority of Singapore in November 2009. SAMI Singapore is engaged in the business of investment research
services, sub-advisory services, securities trading activities, marketing services, and certain account
management activities exclusively for its parent Southeastern.
B. Describe the types of advisory services you offer. If you hold yourself out as specializing in a particular type
of advisory service, such as financial planning, quantitative analysis, or market timing, explain the nature of that
service in greater detail. If you provide investment advice only with respect to limited types of investments,
explain the type of investment advice you offer, and disclose that your advice is limited to those types of
investments.
SAMI Singapore conducts investment research pursuant to Southeastern's investment criteria and makes
recommendations to the investment committee of Southeastern. Together with others on the investment
committee, SAMI Singapore's research analysts also actively review and analyze stock picks of other research
analysts, apart from their own investment recommendations.
If the investment committee believes a company
meets Southeastern’s investment/divestment criteria, then a decision is made to buy/sell securities of such
company in a pre-determined price range.
In addition, SAMI Singapore is authorized to conduct securities trading activities by executing certain
investment decisions made by Southeastern's investment committee. SAMI Singapore's securities trading
activities are under the direction and supervision of Southeastern.
Finally, SAMI Singapore has been appointed by Southeastern to be sub-adviser to a select few of its clients.
C. Explain whether (and, if so, how) you tailor your advisory services to the individual needs of clients. Explain
whether clients may impose restrictions on investing in certain securities or types of securities.
Not Applicable. SAMI Singapore’s only client is Southeastern, which retains investment discretion and the
responsibility to tailor its services to the individual needs of its clients. Southeastern directs SAMI Singapore to
provide specific sub-advisory services to certain Southeastern clients from time to time.
D. If you participate in wrap fee programs by providing portfolio management services, (1) describe the
differences, if any, between how you manage wrap fee accounts and how you manage other accounts, and (2)
explain that you receive a portion of the wrap fee for your services.
Not applicable.
E. If you manage client assets, disclose the amount of client assets you manage on a discretionary basis and
the amount of client assets you manage on a non-discretionary basis. Disclose the date “as of” which you
calculated the amounts.
Note: Your method for computing the amount of “client assets you manage” can be different from the method
for computing “assets under management” required for Item 5.F in Part 1A. However, if you choose to use a
different method to compute “client assets you manage,” you must keep documentation describing the method
you use. The amount you disclose may be rounded to the nearest $100,000. Your “as of” date must not be
more than 90 days before the date you last updated your brochure in response to this
Item 4.E.
As of December 31, 2023, Southeastern Asset Management, Inc.’s assets under management were
$5,271,901,660 (discretionary) and $0 (non-discretionary). SAMI Singapore acts as a sub-advisor to 7
Southeastern clients totaling $856,215,763.