Jethro Townsend, CFA®

Partner, Portfolio Manager

Contributes to research specifically on company valuation, covers Tech and Health Care sectors.

With over 25 years of extensive experience in global investing, Jethro plays a pivotal role in executing the firm’s investment strategies and leading research initiatives. Prior to his tenure at Nia, he founded and served as the Chief Investment Officer of Addend Capital Management, overseeing global long-only and long-short strategies. Earlier in his career, Jethro held the position of Portfolio Manager at Fidelity/Pyramis Global Advisors, managing portfolios focused on technology and telecom assets for the International Value and Global Technology teams. During his time at DuPont Capital Management (DCM), Jethro successfully managed a $700 million portfolio comprising technology, telecommunications, and utility assets. He also managed country portfolios for Spain, Italy, and Portugal while assuming responsibilities for forwards and futures contracts, currency hedging, and risk analysis. Jethro embarked on his career at Merrill Lynch, serving as an Analyst in the Investment Banking division. 

​

Jethro earned his B.S. in Electrical Engineering from Stanford University and his M.B.A. in Finance from the Wharton School of the University of Pennsylvania. He is a CFA® charter holder and a member of the CFA Institute and the CFA Society of Boston.

Jethro covers the Information Technology and Communication Services sectors across our portfolios. He is particularly interested in global innovation and secular shifts such as Artificial Intelligence, machine learning, cloud computing, and cybersecurity, and how these trends vary across regions and policy environments.  From a bottom-up perspective, he prioritizes companies with scalable platforms, high recurring revenue, and strong unit economics—paying close attention to free cash flow conversion, customer acquisition costs, and operating leverage. He also likes to explore valuation dislocations that arise from market overreaction to short-term volatility in otherwise high-quality, long-duration assets.