Firm History

Three partners – Donald Foyston, Peter Gordon and Malcolm Payne – launched Foyston, Gordon & Payne (FGP) in 1980.  Each partner brought extensive expertise and experience to the firm – with deep knowledge of the institutional investment and private money management business. With a belief in the discipline and success of value style investing, FGP soon developed strong connections with clients based on trust and integrity – backed by disciplined research and analysis of the quality and value of potential investments.

Four decades later, our firm has grown to over 40 employees while continuing to invest in high-quality companies with attractive valuations – just as our original partners did.

While our firm is supported by an equity interest from Affiliated Managers Group’s (AMG), FGP remains a completely autonomous business. In fact, almost 40 percent of FGP is owned by its employees, firmly aligning our interests with those of our clients. Just as our investment team manages portfolios for our institutional and private clients, we also participate in the management of our own company. When our clients do well, we do well – and our history of collective success speaks to the power of disciplined excellence that has always set us apart.