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Equities Fixed Income External Managers Private Equity and Real Estate Sustainable Investing

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.

Brown Advisory Equity Strategies

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.

Brown Advisory Fixed Income Strategies

External Managers

Investment Solutions Group

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.

Private Equity and Real Estate

Private Equity and Real Estate

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 through our Private Equity Partners (PEP) and Real Estate Partners (REP) vehicles 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.

Sustainable Investing

Sustainable Investing Strategies

  • Multi-Manager Strategies
  • For clients seeking an open-architecture solution, we have access to several of the premier sustainable managers in the industry - all vetted by internal research.
  • Private Equity
  • Our private equity team is focused on evaluating the growing universe of private impact investments to identify standout opportunities that target various issues of particular concern to our clients. To date, we have placed assets in investments targeting a variety of impact themes such as community impact, microfinance, education technology, sustainable real estate, water initiatives and others.*
  • *Many alternative investments by regulation may only be sold to Accredited Investors (institutions with at least $5 million in assets) or Qualified Purchasers (institutions with at least $25 million in investments).

Customized Portfolios

This diverse assortment of solutions will meet many clients’ sustainability objectives; however, we understand the continued evolution of this space and seek to be able to react quickly to client needs.

For clients with unique missions, value-aligned investing programs, or who simply wish to ensure that they do not own certain controversial companies or have access to certain industries, we offer the following customized options:

Additional Screening: To the extent we have reliable data and can build rules into our compliance systems, we can add specific screens to a separate account to restrict companies (e.g. oil and gas providers) or industries (e.g. tobacco or weaponry).

Customized and Thematic Portfolios: Within a separate account, we can work together to solve for a sustainability need. From a universe of securities researched from both the bottom-up and for their ESG profile, we can assemble a custom portfolio of securities designed to meet many specific sustainable goals or outcomes.

Investment Insights and Thoughts from Brown Advisory
Navigating Our World

NOW 2018 | Engaging the Next Generation in Public Service

Olachi Opara
May 30, 2018

SPEAKERS: Rye Barcott, Co-Founder and CEO, With Honor; Michèle Flournoy, CEO, WestExec Advisors; Malik Jabati, Morehead-Cain Scholar, University of North Carolina; Gen. Stanley McChrystal, Former Commander, U.S. International Security Assistance Forces Afghanistan, and Founder, McChrystal Group

MODERATOR: Brett Gibson, Partner, NextGen Venture Partners

 

Our NOW 2018 conference dealt with a variety of forces that are tearing at the fabric of society, from social inequities, to political strife, to technological disruption. It was fitting, then, for us to close the conference with a discussion about public service and its power to bring our society together. Our panelists brought highly disparate experiences and backgrounds to the discussion, and discussed service from different perspectives, but they all found common ground in the notion that service is a powerful force that can unify communities and, importantly, enable the next generation of leaders to develop alongside the leaders of today.

Malik Jabati is a Morehead-Cain scholar at the University of North Carolina, and he has already made an indelible mark through public service, taking time away from his degree track to fight deforestation in Brazil, work with USAID on global innovation initiatives, organize a Capitol Hill conference addressing diversity in NATO militaries and work with the Obama Foundation to increase civic youth engagement. Jabati views service to the world as a personal mission. He believes many of his peers also want to be a part of something bigger but that a clearer framework from governments and institutions is needed to draw younger people into public service. He highlighted several core components of that framework, including a focus on aligning youth with missions that inspire them but also feel measurable resources for personal development and improved incentives—financial and nonfinancial—for commitments to government or nonprofit service.

Rye Barcott, a retired U.S. Marine, views public service through the lens of his military experience. He sees U.S. political polarization as an “existential threat” to the country’s ability to compete and lead globally. Barcott's organization, With Honor, provides strategic support to next-generation veterans running for office; it focuses on candidates who pledge to put principles above politics, and make specific commitments to return contributions from tainted sources, reject dishonest attack ads, and devote time and resources to work ing with opposing parties. The entire organization is driven by the idea that political service should be about service, not politics.

Michèle Flournoy, a distinguished defense expert with deep experience in government and nonprofit service, agreed that little gets done in this country without cooperation on both sides of the aisle. She discussed the need for diverse backgrounds and experiences to drive success in any organization; she views service, diversity and attracting the next generation of talent as intertwined. Diverse environments that focus on sponsorship and mentorship generally encourage exceptional performance, as do environments that create a “habit” or culture or service. Those high-performing environments also help to recruit the best and brightest talent.

Gen. McChrystal echoed the sentiments of his fellow panelists; he believes that we are all citizens of our global, national and local communities, and thus responsible to publicly serve those communities in some way. While McChrystal is widely known as one of our great modern military leaders, far fewer people know of his work leading Service Year Alliance, which seeks to make one year of full-time service a common expectation and opportunity for young Americans of all backgrounds. He sees this as an essential step in restoring political and civic responsibility in this country.

Jabati agreed with Gen. McChrystal, and added that our current connections with each other over the internet cannot replace the true connection built from personally serving alongside others in one’s community. We could not have hoped for a more powerful conclusion to the conference than watching Gen. McChrystal and Jabati—a four-star general and a 20-year-old college student—literally embodying the message of the panel by sitting together, side by side, united in their passion and devotion to the idea that public service can bring together a divided nation. 

 

The views expressed are those of Brown Advisory as of the date referenced and are subject to change at any time based on market or other conditions. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. Past performance is not a guarantee of future performance and you may not get back the amount invested.

The information provided in this material is not intended to be and should not be considered to be a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities or asset classes mentioned. It should not be assumed that investments in such securities or asset classes have been or will be profitable. To the extent specific securities are mentioned, they have been selected by the author on an objective basis to illustrate views expressed in the commentary and do not represent all of the securities purchased, sold or recommended for advisory clients. The information contained herein has been prepared from sources believed reliable but is not guaranteed by us as to its timeliness or accuracy, and is not a complete summary or statement of all available data. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospective client.

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