Services
Investment Management
Turtle Creek Trust provides multi-asset investment management services for high-net worth individuals, institutions, endowments, and foundations. We seek to build highly customized investment plans that fully account for each client’s risk tolerance, cash flow needs, and investment timeline. We emphasize a discretionary approach to management, with each client partnering with a Turtle Creek portfolio manager that oversees the full spectrum of the investment process including investment policy formulation, ongoing portfolio management, and portfolio monitoring and communications.
Turtle Creek’s investment philosophy emphasizes thorough risk management, minimal portfolio frictions such as excess trading, tax efficiency, and a longer-term focus on valuation and potential return across economic cycles. Our view of risk is the potential for permanent impairment of client’s assets through an investment. While risk is inherent in the investment process, we seek to minimize it by building properly diversified portfolios and investing in corporations exhibiting significant competitive advantages, financial strength, an established history of growth, and above-average returns on invested capital. Our equity investment process utilizes a proprietary research process focusing on the intrinsic value of every potential investment, seeking to best balance both risk and return by investing funds only at attractive discounts to our estimates of a security’s value.
Tailored Strategies for Your Wealth
Mark Lanyon
Senior Vice President and Director of Research
Mr. Lanyon was born in 1974. He is a 1997 graduate of Texas A&M University, having earned a Bachelor of Business Administration degree with a concentration in Finance. He earned a Master of Business Administration degree from the University of Chicago Booth School of Business in 2004 with concentrations in Accounting and Macroeconomics. From 1998 to 2002, he served as a securities analyst with the Dallas office of U.S. Trust Company. From 2004 to 2006, he served as Team Leader for Technology Hardware research at Morningstar, Inc., a Chicago-based global provider of independent investment research. In this role, he managed a team of five analysts providing coverage of 60 publicly traded firms in the semiconductor, printing, and computer hardware industries. From 2006 to 2007, he relocated to London and founded Morningstar’s European equity research business. From 2007 to 2014, he operated as Morningstar’s Director of International Strategy and Corporate Development, overseeing the company’s M&A activities, strategic planning, and organic expansion into offshore markets. He currently serves as Senior Vice President and Director of Research and is a portfolio manager of Turtle Creek Management, LLC. Mr. Lanyon holds the Chartered Financial Analyst (CFA) designation which is issued by the CFA institute.
