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 U.S. Equities Equity Income Flexible Equity Fundamental Long/Short Large-Cap Growth Large-Cap Sustainable Growth Mid-Cap Growth Small-Cap Fundamental Value Small-Cap Growth Global Equities Global Leaders International Equities Latin American Subadvised Equity Strategies Asia New Stars—Macquarie Funds Management Hong Kong Limited Emerging Markets—Somerset Capital Management LLP Japan Alpha Opportunities—Wellington Management Company LLP Large-Cap Value—Beutel, Goodman & Company Limited Strategic European Equity—Wellington Management Company LLP Our Mutual Funds To learn more about our family of mutual funds, please visit our funds website. To learn more about our Dublin UCITS funds range, please click here. X CLOSE 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 Core Fixed Income Enhanced Cash Intermediate Income Limited Duration Municipal Bond Strategic Bond Sustainable Core Fixed Income Tax-Exempt Sustainable Fixed Income Our Mutual Funds To learn more about our family of mutual funds, please visit our funds website. To learn more about our Dublin UCITS funds range, please click here. X CLOSE 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. Learn More About the Investment Solutions Group Investments discussed on this page are available for qualified purchasers and accredited investors only. X CLOSE 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. Learn More About Private Equity and Real Estate Investments discussed on this page are available for qualified purchasers and accredited investors only. X CLOSE Sustainable Investing Sustainable Investing Strategies Actively Managed Strategies* Large-Cap Sustainable Growth Sustainable Core Fixed Income Tax-Exempt Sustainable Fixed Income Multi-Asset Strategies Sustainable Balanced Actively Screened Strategies U.S. Large-Cap ESG Portfolio U.S. Small-Cap ESG Portfolio 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. Learn more about Sustainable Investing From actively managed and multi-asset portfolios to low-tracking error and customized strategies, we have the research depth and investment expertise to deliver solutions relevant to your unique mission and values. X CLOSE

Our mission: to make a material and positive impact in the lives of our clients.

Our clients deserve first-rate investment performance, thoughtful strategic advice and the highest level of service.

-Mike Hankin, President and CEO

Investment Insights from Brown Advisory

Our latest thinking on capital markets, investment strategy and long-term planning.

MLPs Are “Simplifying” Away Their Dividend Payouts

Service—to our clients and our communities—is in our DNA.

I believe that a self-interested life would be empty. Service to others makes one a whole person—it benefits communities and also encourages personal growth.

-Truman Semans, Senior Advisor

Community

As a firm, and as individuals, we are deeply committed to the communities where we live and work.

Triangle Land Conservancy (TLC) was originally founded in 1983 and today has permanently conserved more than 18,000 acres within the Triangle. TLC also owns and manages conserved lands, including seven nature preserves open to the public 365 days a year. TLC’s mission is to strive to “create a healthier and more vibrant Triangle region by safeguarding clean water, protecting natural habitats, supporting local farms and food, and connecting people with nature through land protection and stewardship, catalyzing community action, and collaboration.

Chesapeake Bay Foundation

Saving the Bay through education, advocacy, litigation, and restoration. The Chesapeake Bay's 64,000-square-mile watershed covers parts of six states and is home to more than 18 million people. The Chesapeake Bay Foundation has programs in Maryland, Pennsylvania, Virginia, and the District of Columbia.

The Family Tree

The Family Tree leads Maryland in preventing child abuse, connects caring communities, and builds strong families to improve society for generations. As the Maryland chapter of Parents Anonymous®, Prevent Child Abuse America and The National Exchange Club, we nurture hope where there may be none and give it room to grow and flourish.

Parks & People Foundation

For more than three decades, the Parks & People Foundation has sought to achieve a single goal: to improve the quality of life for residents of Baltimore by ensuring that everyone is connected to nature through vibrant parks and green spaces. It was founded on the belief that one simple act — reclaiming a vacant lot or beautifying a neglected open space or creating a safe playing field for kids — can serve as a catalyst for positive change and growth throughout a community.

LUNGevity

LUNGevity Foundation is firmly committed to making an immediate impact on increasing quality of life and survivorship of people with lung cancer by accelerating research into early detection and more effective treatments, as well as providing community, support, and education for all those affected by the disease.

El Sol Brillante Community Garden

In the early 1980s, the Trust for Public Land helped the community incorporate the organization and purchase the land from New York City at auction. Now, over 40 years later, the garden is a lush, overflowing oasis of green in the midst of the concrete jungle. Garden members maintain community owned areas with trees, vines, and flowering plants. Many raise vegetables and exotic herbs and other rare plants.

Arts Every Day

Arts Every Day strengthens learning by making arts education and cultural experiences an integral part of classroom instruction for all students in Baltimore City Public Schools. Serving as a catalyst for creative learning, Arts Every Day builds and sustains long-term partnerships with schools, artists, and cultural institutions while working to connect and empower teachers as leaders within their school communities.

Resurgo Spear

Resurgo Spear prepares young people from disadvantaged backgrounds for the workplace, and trains employers to get the best out of them. Spear is a year-long programme that equips 16-to-24-year-olds not in education, employment or training (NEET) from disadvantaged backgrounds to find long-term employment

J.P. Morgan Corporate Challenge

Participating companies use the event as a platform to promote health and fitness in the workplace, foster goodwill and camaraderie among their employees, and show their commitment to the community and best environmental practices.

American Diabetes Association Tour de Cure

We are teaming up now to change the future and make a positive impact in the lives of those who are affected by diabetes. We are committed to participate together and raise money through this inspirational event not just because over 30 million people in the United States have diabetes, but because so many of us personally know some of them, and want to do something about it. This year, you can run, ride or walk with our team at Tour de Cure!

Back on my Feet

Back on My Feet seeks to revolutionize the way our society approaches homelessness. Our unique running-based model demonstrates that if you first restore confidence, strength and self-esteem, individuals are better equipped to tackle the road ahead and move toward jobs, homes and new lives.

The Great Baltimore Oyster Partnership

We, along with the Chesapeake Bay Foundation and Baltimore businesses and residents like you, have come together to form the Great Baltimore Oyster Partnership. In this program, baby oysters are grown at designated oyster garden locations in Baltimore’s Inner Harbor, October through June. After nine months, the matured oysters are taken by boat to a protected oyster sanctuary in the Patapsco River, where they will live out the rest of their lives.

Catholic Charities Dragon Boat Races

2018 will commemorate the 11th biennial Catholic Charities Dragon Boat Races – a truly special event that combines athleticism and competition with fundraising and awareness of Catholic Charities. Since 1998, over 50 companies, non-profits and schools have partnered with us to raise over $5 million dollars in support of our mission – to love, serve and teach, work for justice, and to improve the lives of Marylanders in need.

Habitat for Humanity of New Castle County

Habitat for Humanity of New Castle County (HHNCC) has been building affordable housing with low-income families since 1986. Since our inception, more than 200 homes have been built in areas throughout New Castle County including the City of Wilmington, Middletown, Newark, New Castle, and St. Georges. As a local affiliate of Habitat for Humanity International, HHNCC is among the top three largest affiliates in the Northeast (of over 210 affiliates from DE to Maine) in terms of home construction. Through a unique approach, we help low-income families break the cycle of poverty through the stability and empowerment gained through homeownership.

JA in a Day

JA in a Day is a high impact way to deliver Junior Achievement's lessons for a particular grade level all on the same day. Some schools choose to have every grade receive JA programming on the same day. "JA in a Day" is a unique opportunity as it offers volunteers a great opportunity to get involved with Junior Achievement without juggling schedule conflicts or long-term commitments.

Food Bank for New York City

Ending hunger by organizing food, information and support for community survival, empowerment, and dignity. Food Bank For New York City has been working to end food poverty in our five boroughs for 35 years. As the city’s largest hunger-relief organization, they employ a multifaceted approach centered on helping low-income New Yorkers overcome their circumstances and achieve greater independence.

Civic Works

Civic Works strengthens Baltimore’s communities through education, skills development, and community service. We are a non-profit working in Baltimore communities for over 20 years, and we are deeply committed to service.

Volo City Soccer

Volo City is now a 501(c)3 non-profit organization, providing leagues in each of our cities for kids ages 6-12 years of all genders, abilities, and races to play at zero cost to their families. Partnerships with local organizations provide free meals for our young players after the game because free leagues + free food = happy kids. Supported by volunteers, donations, and sponsorships, the foundation has enabled over 800 Baltimore kids to play with us for free in 2016 alone.

Cycle for Survival

Cycle for Survival supports rare cancer research at Memorial Sloan Kettering Cancer Center. Originally led by a New York office based team, Brown Advisory now has teams in Boston and Bethesda, MD supporting the cause.

Junior Achievement BizTown

JA BizTown combines in-class learning with a daylong visit to a simulated, fully interactive town. The program helps students make the connection between what they learn in school and the real world. The JA BizTown program includes 12 required teacher-taught, in-class lessons. The program culminates with students participating in the hands-on simulated community, either at a JA BizTown facility or at a mobile unit. An in-class debriefing lesson helps students construct meaning from their experience. Additional extension activities are available for each topic.

Invest In Girls

On Monday, March 5th, Brown Advisory New York hosted 15 young women from Bryn Mawr School in Baltimore for their industry experience day through Invest in Girls, an organization that works with schools, community organizations, corporations and foundations to provide financial literacy programming to young girls.

First Fruit Farms

First Fruits Farm is a non-profit Christian ministry dedicated to providing fresh, nutritious produce to those experiencing hunger in the Mid-Atlantic region. Since 2004, thousands of area volunteers have helped harvest over 13.4 million pounds of fruits and vegetables to share with local food banks, homeless shelters, soup kitchens and other food providers.

Special Olympics Polar Bear Plunge

Each year members of the Law Enforcement Torch Run® along with local Special Olympics Programs invite the local community, businesses, celebrities and sponsors to brave the freezing cold waters during their respective Polar Plunge® events. In Maryland, every January over 10,000 courageous plungers head to Sandy Point State Park seeking thrills and chills all to benefit the 7,549 athletes of Special Olympics Maryland.

Equities

Brown Advisory Equity Strategies

Subadvised Equity Strategies

Fixed Income

Brown Advisory Fixed Income Strategies

External Managers

Investment Solutions Group

Private Equity and Real Estate

Private Equity and Real Estate

Sustainable Investing

Sustainable Investing Strategies

Customized Portfolios

Our mission: to make a material and positive impact in the lives of our clients.

Joshua Perry, CFA, CAIA, FRM, Stephen Shutz, CFA

Thomas Graff, CFA, Rob Snyder

Service—to our clients and our communities—is in our DNA.

Community