AZTLAN Equity Management, LLC is an independent investment adviser specializing in global small and mid cap equity strategies. AZTLAN was founded in 2016 and is an exempt reporting adviser registered in the state of Virginia; we have presence in Monterrey, Mexico and Hong Kong. Our firm manages individual funds as well as separately managed accounts across three discrete strategies: Emerging and Frontier (EMF), Developed Markets Ex USA (DMXUS) and Developed Markets (DM) Investment Philosophy We are passionate about investing in free cash flow generating businesses. We select stocks by determining relative attractiveness based on fundamental analysis seeking high and sustainable: free cash flow generation, competitive advantages, earnings growth, capital returns, balance sheet quality, corporate governance standards. We strictly adhere to classic valuation principles: Buy-sell actions determined by assessing intrinsic value and margin of safety. Investment Process We follow a disciplined investment process: 1) Proprietary quantitative screens and models to identify stocks that exhibit our targeted investment characteristics, 2) Intensive fundamental research, analysis and valuation on a narrow cross section of stocks. 3) Pick stocks to build concentrated portfolios with a business co-ownership approach and a long-term investment horizon. 4) Re-balancing and long-term constructive engagement with portfolio companies.