Mariko Gordon founded Daruma Capital Management 20 years ago. She is the portfolio manager for Daruma’s high conviction (no more than 35 stocks) small- and mid-cap strategies. Mariko and her team use a classic, bottom-up fundamental approach to analyzing stocks, and every stock counts in the portfolio. The average holding period is around two-and-a-half years.
Daruma manages $2.3 billion on behalf of charitable organizations, public and corporate pension funds, foundations and endowments. Many client relationships are long-lived and have lasted over a decade. Mariko received a bachelors’ degree in comparative literature from Princeton University.
Mariko explained her financial vision as this: “In 1995 I started Daruma with zero assets under management, but with a clear goal: to build an investment firm where the business of money management would never interfere with my calling as a portfolio manager. My role at Daruma is to ensure that we never become complacent, and that we always strive to enhance our investment process.”