Marshfield Associates is a concentrated, long-only value investment adviser. The firm offers separately managed accounts and a mutual fund. It serves both institutional and private investors.

Marshfield is owned by its eight principals who have an average tenure of 27 years. Each principal invests in the same stocks that Marshfield buys for its clients and owns no other publicly traded equities.

Marshfield was established in 1989 and is located in Washington, DC’s Dupont Circle neighborhood.