Redmond Asset Management

G. Thomas Battle Jr. serves as president and chief investment officer and is the sole portfolio manager for the firm’s small-cap value strategy. He took over day-to-day management duties from founder John Redmond in the mid-2010s. Investment decisions are made within a concentrated framework — each final buy or sell call rests with Battle, supported by a small internal research team.

Redmond Asset Management is a registered investment adviser open to institutional and high-net-worth clients, not a family office. The firm runs separately managed accounts for external investors on a discretionary basis. It is not associated with a single-family wealth origin.

Portfolios typically hold 25 to 35 names, which is unusually concentrated compared to the 100-plus positions common in institutional small-cap mandates. The firm views concentration as the natural byproduct of a high-conviction process — they allocate capital only to their best ideas. This amplifies both upside potential and stock-specific risk relative to diversified small-cap managers.

Redmond has historically operated far below its theoretical capacity in small-cap equities. The firm has kept assets deliberately modest — in the range of a few hundred million dollars — which preserves the ability to trade micro-cap names without market impact. The principals have chosen a lifestyle-business scale over asset-gathering growth.

The firm operates exclusively through separately managed accounts. Unlike managers that launch mutual funds or private funds to pool capital, Redmond maintains individual client portfolios. This structure offers tax-management flexibility but limits the firm’s reach to qualified individual and institutional clients willing to open a direct managed account.

Founder John Redmond handed portfolio management authority to G. Thomas Battle Jr. over a transition period that concluded in the mid-2010s. Battle now controls all investment decisions while Redmond remains involved in a senior capacity. The firm has not publicly disclosed plans for a next-generation succession beyond Battle’s tenure.

The firm’s client base includes a mix of regional institutions, family offices, and high-net-worth individuals, many of whom have been with the firm for more than a decade. Redmond does not advertise or use third-party marketers. Most relationships originate through professional networks in the Mid-Atlantic region and from long-standing client referrals.