General Investing >> Money Manager Interviews >> February 5, 2026

Ingevity Generates Strong Free Cash Flow From a Niche Franchise

Schuster, David
David Schuster is the Portfolio Manager for Brown Advisory’s Small-Cap Fundamental Value strategy. Prior to joining Brown Advisory in 2008, he was a Managing Director for the financial institutions mergers and acquisition advisory group of Citigroup and a Managing Director in the M&A practice of Lazard Freres. Mr. Schuster received his BSBA from Georgetown University. After graduating from college, he served as an officer in the United States Army. Profile
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TWST: Let’s start with an overview of Brown Advisory’s Small-Cap Fundamental Value strategy and fund (BIAUX). What would you note that differentiates the investment