Bill Ruane and Rick Cunniff launched the Fund in 1970 in the belief that they could outperform the stock market by investing in great businesses selling at reasonable prices and staying with them as long as they remained attractive. By doing exhaustive primary research, ignoring fads and sticking to their principles, we built up an enviable track record. Sequoia Fund remains a concentrated, long-only equity fund that invests primarily in domestic mid- and large-capitalization companies.
The six-person Investment Committee is responsible for management of Sequoia. Members of the Committee have an average tenure of 16 years with Ruane, Cunniff & Goldfarb, and every member has been with the firm for over a decade.
We invest for the long term, focusing on the businesses behind the stocks.
We and our affiliates offer other investment options, including separately managed accounts and private partnerships.