Private Investment Advisory

OUR APPROACH

Leading with research, we use investment building blocks across asset classes and delivery mechanisms to develop customized portfolios designed to capture alpha over time.

Our approach combines education about private markets, specific investment opportunities and commitment strategies with research on legacy portfolio positions, new investment ideas that we present to clients and opportunities that clients or their networks bring to us for our thoughts. 

We strive to help investors unlock the full potential of private markets and navigate specific mandates through research focused on third-party fund managers, one-off direct company or real estate investments, and private investment portfolio management.

 

OUR PLATFORM

We seek to construct concentrated portfolios that provide complementary exposure across strategy, sector, investment approach and investment stage, mindful of each client’s investment preferences, risk tolerance, liquidity needs and return goals. 

Our advice includes management and oversight of both legacy portfolio holdings and newly identified opportunities that our clients identify through their own networks. We believe that good ideas come from anywhere, and our research-driven approach incorporates all aspects into portfolio construction. 

Our platform aims to generate strong absolute returns within portfolios while enabling exposure to the breadth of private market opportunities, whether focused on capital appreciation, income generation or overall diversification. 

We are committed to diverse and sophisticated investment solutions that meet the evolving needs of clients.

PRIVATE INVESTMENTS MAY BE AVAILABLE TO QUALIFIED PURCHASERS AND ACCREDITED INVESTORS ONLY.
All investments involve risk. The value of the investment and the income from it will vary. There is no guarantee that the initial investment will be returned.
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 of any of the securities, funds, or asset classes mentioned. Asset allocation could change depending on risk tolerance, investment objective and assets available for investment. It should not be assumed that investments in such securities, funds, or asset classes have been or will be profitable. The investment team will customize portfolios based on the guidelines, requirements and risk tolerance of each client. 
This information has been prepared solely to provide information regarding Brown Advisory’s Brown Advisory’s Private Investment Advisory and may not be used or reproduced for any other purpose. The provided information is not an offer to sell, nor a solicitation of an offer to buy, an interest in any investment opportunity, and may not be used or relied upon in connection with any offer or solicitation with respect to any investment opportunity. Any offer or solicitation with respect to any investment opportunity, if made, will be made only pursuant to a Confidential Private Placement Memorandum (the “Memorandum”), Limited Partnership Agreement (as amended, restated and/or otherwise modified from time to time, the “Fund Agreement”) and the subscription agreement related thereto (the “Subscription Agreement” and collectively with the Memorandum and the Fund Agreement, the “Offering Materials”). The summaries on this webpage do not purport to be complete and are subject to and qualified in their entirety by reference to the Offering Materials pertaining to any investment opportunity, copies of which will be provided to each prospective investor upon request. Each prospective investor should review the Offering Materials with respect to any investment opportunity for complete information concerning the rights, privileges and obligations of investors. If any of the terms, conditions or other provisions of the Offering Materials relating to any investment opportunity are inconsistent with or contrary to the descriptions or terms in this document, such Offering Materials shall control. No person has been authorized to make any statement concerning any investment opportunity other than as set forth in the Memorandum pertaining to such investment opportunity and any statements, if made, may not be relied upon. 
Prospective investors should not construe the contents of this document as investment, legal, tax, regulatory, financial, accounting or other advice and this document is not intended to provide the sole basis for any evaluation of an investment. Investors should make their own investigations and evaluations, including the merits and risks involved in an investment. Prior to any investment, investors should take the opportunity to ask questions of and receive answers and additional information concerning the terms and conditions of the offering of interests and other relevant matters. Investors should inform themselves as to the legal requirements applicable to them in respect of the acquisition, holding and disposition of the interests and as to the income and other tax consequences to them of such acquisition, holding and disposition. Prior to acquiring an interest, a prospective investor should consult with its own legal, investment, tax, accounting and other advisors to determine the potential benefits, burdens, and other consequences of such investment.
¹Quartile refers to the pooled returns of all fund of funds as measured by the Cambridge Associates Fund of Funds Index. 
The Cambridge Associates Fund of Funds Index is a pooled benchmark based on institutional-quality fund-of-funds vehicles that invest across private equity and related strategies. Pooled investments refers to the pooled return of all fund of funds as measured by the Cambridge Associates Fund of Funds Index during a referenced time period.

CERTAIN RISK FACTORS
RISK OF CAPITAL LOSS: PRIVATE INVESTMENTS ARE CHARACTERIZED BY A HIGH DEGREE OF RISK, VOLATILITY AND ILLIQUIDITY DUE, AMONG OTHER THINGS, TO THE NATURE OF THE INVESTMENTS. A PROSPECTIVE INVESTOR SHOULD THOROUGHLY REVIEW THE CONFIDENTIAL INFORMATION CONTAINED HEREIN AND IN THE OFFERING MATERIALS PERTAINING TO ANY INVESTMENT, AND CAREFULLY CONSIDER WHETHER SUCH AN INVESTMENT IS SUITABLE TO THE INVESTOR’S FINANCIAL SITUATION AND GOALS. INVESTORS SHOULD HAVE THE FINANCIAL ABILITY AND WILLINGNESS TO ACCEPT THE RISKS AND LACK OF LIQUIDITY THAT ARE CHARACTERISTIC OF THE INVESTMENTS DESCRIBED IN THE MEMORANDUM PERTAINING TO AN INVESTMENT OPPORTUNITY. NO ASSURANCE CAN BE GIVEN THAT ANY SUCH OPPORTUNITY’S INVESTMENT OBJECTIVES WILL BE ACHIEVED OR THAT INVESTORS WILL RECEIVE A RETURN OF ANY OF THEIR CAPITAL. INVESTORS SHOULD PAY PARTICULAR ATTENTION TO THE RISK FACTORS DESCRIBED IN THE MEMORANDUM PERTAINING TO AN INVESTMENT OPPORTUNITY.
To the extent this document is provided to an employee benefit plan or account subject to the U.S. Employee Retirement Income Security Act of 1974 or Section 4975 of the U.S. Internal Revenue Code, it is provided solely on the basis that it will not constitute investment advice and will not form a primary basis for any person’s or plan’s investment decisions, and nothing in this document will result in Brown Advisory or any PEP vintage becoming a fiduciary or advisor with respect to any such person or plan.

FORWARD-LOOKING STATEMENTS
Certain statements in this document constitute forward-looking statements. When used in this document, the words “may,” “will,” “should,” “project,” “anticipate,” “believe,” “estimate,” “intend,” “expect,” “continue,” and similar expressions or the negatives thereof are generally intended to identify forward-looking statements. Such forward-looking statements, including the intended actions and performance objectives, involve known and unknown risks, uncertainties, and other important factors that could cause the actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. For more information about factors that could cause actual results to differ from such forward-looking statements, please refer to the discussion regarding risk factors in the Memorandum relating to any potential investment opportunity. No representation or warranty is made as to future performance or such forward-looking statements. All forward-looking statements in this document speak only as of the date hereof.