Equities Fixed Income Hedge Funds Private Equity, Real Estate and Energy

Equities

We follow a philosophy that low-turnover, concentrated portfolios derived from sound bottom-up fundamental research provide an opportunity for attractive performance results over time. We have a culture and firm equity ownership structure that help us attract and retain professionals who share those beliefs, and we follow a repeatable investment process that helps us stay true to our philosophy.

We construct balanced portfolios for private clients, nonprofits and institutions depending on the needs of the client. We can be 100% open architecture, using third-party managers only, or we can put together a mix of internal and external strategies, whatever is in the client's best interest.

Fixed Income

We follow a philosophy that fixed income strategies built from a foundation of stability coupled with fundamental credit research can seek to generate alpha and control risk. We have a culture and firm equity ownership structure that attract and retain professionals who share those beliefs, and we follow a repeatable investment process that helps us stay true to our philosophy.

We construct balanced portfolios for private clients, nonprofits and institutions depending on the needs of the client. We can be 100% open architecture, using third-party managers only, or we can put together a mix of internal and external strategies, whatever is in the client's best interest. Meet the Investment Solutions Group.

Hedge Funds

Hedge Funds

The Investment Solutions Group is an investment-management team within Brown Advisory that specializes in asset allocation, manager selection, hedge funds and other alternative investment strategies. Dedicated to open-architecture solutions, our team has established a strong track record of identifying high-quality, third-party investment managers across the hedge fund, long-only and private equity universes. We leverage this expertise to help clients assemble portfolios that we believe best fit their needs and goals, offering clients a range of solutions from complete portfolio management to fulfillment of specific hedge-fund and alternative-asset mandates.

Founded in June 2002, the Investment Solutions Group now manages in excess of $3.4 billion for clients (data as of January 31, 2017) in a combination of managed accounts, advisory relationships and fund-of-fund offerings.

Private Equity, Real Estate and Energy

Private Equity, Real Estate and Energy

Brown Advisory has incorporated private equity and real estate investments in client portfolios since our founding. Today, we can provide that exposure in three distinct ways.

Feeder Funds and Multimanager Funds
We introduce clients to investment opportunities in early- and late-stage venture capital and buyout funds, as well as select real estate funds. We also construct these feeder funds into multimanager funds to make private equity investing as easy as possible for our clients.

Customized Private Equity Portfolios
For most clients, private equity is one component of a balanced portfolio that we manage. Other clients, however, come to us specifically for custom-built private equity and real estate portfolios.

For more information on private equity please click here or contact Jacob Hodes at 410-537-5315 or jhodes@brownadvisory.com.

We view ourselves as partners with our nonprofit clients and provide strategic organizational advice beyond investments.

We become familiar with your organization's goals and risks, and view every task and decision we face from a perspective of fiduciary responsibility. Our team of senior advisors and strategic advisors—including former practicing attorneys with experience in charitable organizations—helps nonprofits on policy questions.

 

Our Discovery Process Focuses on Your:

  • Specific goals
  • Specific liabilities and risks
  • Portfolio-specific factors (locked-up investments, low-basis holdings, etc.)
  • Engagement with stakeholders to ensure that opinions and concerns are heard
  • Initial upfront process plus ongoing discovery updates

We offer counsel beyond traditional investment topics

  • Strategic planning and budgeting
  • Mission-related investing
  • Beneficial charitable structures for donors
  • Engaging next-generation donors and patrons

We Help You Create an Investment Policy That Details:

  • Cash flow parameters
  • Return goals
  • Absolute and relative benchmarks
  • Risk parameters
  • Concentrated position policies (if applicable)
  • Sustainability/SRI/Impact parameters and objectives
  • Other mission-related restrictions and policies
  • Oversight structure
  • Review and monitor procedures

We take pride in our ability to tailor our advice to nonprofits based on our experience and understanding of best practices. Brown Advisory partners and professionals hold more than 200 nonprofit board positions, many on investment, finance and budget committees.

Why Brown Advisory?

The effectiveness of investment committees meeting their organizational goals is being challenged at every angle: market volatility; complexity of assets; costs, regulation; reporting requirements, etc. The traditional way of managing plans—through quarterly meetings and backward-looking reviews—is becoming obsolete. Investment committees must transition from a reactive model to a proactive one, in which giving up discretion can actually enhance a committee’s fiduciary oversight and obligation.

Brown Advisory has a deep heritage and years of experience working with institutions to address their investment challenges, all within well-defined risk parameters and always with the understanding that their goals are paramount and their needs come first.

For more information about our balanced institutional offerings please contact Doug Godine at 410-537-5585

Email Doug Godine

 
 

OUR CULTURE:
Working as a Team

We believe that decisions are best made with input from a group and in the light of each other’s scrutiny, instead of alone and in the dark. We structure our organization and follow processes that force us to collaborate for the benefit of clients. Through the long tenures of our employees, we develop the mutual trust that allows people to speak their minds freely in pursuit of insight.