Cavanaugh Capital Management (CCM) offers a conservative investment philosophy which is based on the idea that fixed income investments play a specific role in client portfolios -- to generate income, preserve principal, and complement allocations to more volatile investments. This philosophy plays a particularly important role for many healthcare institutions and life care communities where low volatility and stable income generation are top investment priorities. For institutions whose investments may generate a significant portion of operating income, a risk-managed, dependable bond portfolio is a necessary contributor to their financial well-being.

CCM’s conservative approach and its focus on risk management have served as major reasons why healthcare facilities and life care communities select CCM as their fixed income manager. In addition, James T. Cavanaugh, III and James M. Dugan, CFA have significant experience in public finance. This experience has equipped CCM with the ability to understand the operational stresses that are unique to healthcare and life care institutions. With such an understanding, CCM can determine how a bond portfolio should be crafted to meet an institution’s long-term and short-term needs.

Finally, CCM knows that an effective investment program is not a stand alone effort. The firm’s public finance background allows CCM to develop a portfolio that is integrated with, and serves as a complement to, an institution’s capital and finance plan.