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.

TEDx Videos

Each year, we are pleased to host TEDx Wilmington Salon. In keeping with the TED mission, we hope to spark conversations and reveal insights about the trends that are shaping our world.

Dune Thorne at TEDxWilmingtonSalon: Investing in Opportunity | Managing for RiskJump to the New S Curve: Unleash the Power of Inclusion

Speaker: Dune Thorne
Date: December 6, 2016

Dune Thorne explores the statistic that 70% of high school valedictorians are girls yet 4% of S&P CEOs are women. How can businesses be more supportive of women and gender diversity? Dune illustrates the “S curve” as a potential solution and discusses the need for a new approach and a new conversation—which can benefit women and benefit businesses.

Dune Thorne is a partner, portfolio manager and head of the Boston office at Brown Advisory, where she helps families and nonprofits develop financial and investment plans to align with their long-term goals. Dune was honored as one of the 2013 World Economic Forum’s Young Global Leaders and serves on the Sustainable Investing task force for the WEF. She was also honored as one of the Top 50 Women in Wealth by AdvisorOne in 2011 and was a recipient of Boston Business Journal's Emerging Leader Award in 2011. Dune is the founder and chair of the board of Invest in Girls; a trustee and investment committee member for Milton Academy and the deCordova Sculpture Park & Museum; serves on the investment committee for Planned Parenthood League of Massachusetts and The Lincoln Nursery School; and is a member of Golden Seeds LP Advisory Committee, Tiger 21 and Women Moving Millions. Dune earned her BA at Dartmouth and MBA from Harvard Business School.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

Atnre Alleyne at TEDxWilmingtonSalon: Investing in Opportunity | Managing for RiskWhy Investing in Public Education is So Risky

Speaker: Atnre Alleyne
Date: December 6, 2016

Atnre Alleyne talks about our track record of investing in the right thing - and the wrong thing, using Solyndra, the Snuggie, and the movie Moneyball as examples. We’ve got to think differently. To advance we need to reconsider our investments and disrupt the inequitable system. It’s as simple as parents, students, and communities showing up to participate in the policy making process.

Atnre Alleyne is the founding Executive Director of the Delaware Campaign for Achievement Now (CAN), an education advocacy organization. Prior to launching CAN, Atnre was a Director at the Delaware Department of Education where he led policy and research efforts to pertaining to teacher and leader effectiveness. Atnre is the founder of TeenSHARP, an organization that prepares students of color in Delaware, Philadelphia, and New Jersey for top colleges. He holds B.A. (economics) and M.P.A. degrees from Rutgers University-Camden and an M.A. in political science from the University of Delaware. Atnre lives in Wilmington with his wife Tatiana and daughter Zoryana. He blogs regularly at fiercelyurgent.com.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

Janice E. Nevin at TEDxWilmingtonSalon: Investing in Opportunity | Managing for RiskBetter Health, Lower Cost -- Absolutely!

Speaker: Janice E Nevin
Date: December 6, 2016

Janice Nevin shares her family’s story of caring for her terminally ill father - and the significant challenges they faced despite their collective expertise. She contrasts this with the more common challenges faced by other patients who are less advantaged. As a result Christiana Hospital in Wilmington Delaware pioneered a system to deliver the right care at the right time because of partnerships with social workers community resources and innovative approaches to healthcare data.

Janice E. Nevin, M.D., MPH, is President and CEO of Christiana Care Health System, the largest health system in Delaware. A visionary and collaborative health care leader, Dr. Nevin is pioneering value-based care to ensure optimal health outcomes in ways patients and families value and can afford. Under her leadership, Christiana Care is one of only 15 major teaching hospitals with Truven Top 100 Hospital rankings in 2015 and 2016 and the only major teaching hospital to earn Truven’s Everest Award consecutively in 2015 and 2016, recognizing the greatest rate of improvement over five years. Becker’s Hospital Review named Dr. Nevin among top Physician Leaders to Know in 2015 and 2016.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

Karina Funk at TEDxWilmington ConvergenceSustainable Investing: What you didn't know could make you money.

Speaker: Karina Funk
Date: December 1, 2015

Using numerous examples, this talk makes the point that sustainable investing could make you money.

Karina Funk, CFA has extensive environmentally-oriented investment experience spanning early-stage ventures to debt and public equities. She was previously an equity research analyst for Winslow Management Co, a principal at Charles River Ventures, and an investment manager at the Massachusetts Renewable Energy Trust.

Karina is the founding mentor and judge of the Massachusetts Institute of Technology (MIT) Ignite Clean Energy Business Plan Competition. She its on Investor Advisory Board of Massachusetts Technology Transfer Center, and she is a fellow of the International Women's Forum Leadership Foundation. Karina holds degrees from Ecole Polytechnique, MIT andPurdue University.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

Jim Matheson at TEDxWilmington ConvergenceWinning the Sustainability War

Speaker: Jim Matheson
Date: December 1, 2015

Jim Matheson passionately argues for developing global sustainable solutions.

Jim Matheson is a highly respected clean technology visionary and leader who became the President and CEO of Oasys Water in 2013 after serving as the company’s founding Chairman since 2009. As CEO, Jim has helped pave the way for the global expansion of Oasys’ pioneering water transformation technology. Previously, as a General Partner at Flagship Ventures, he spearheaded the venture capital firm’s sustainability practice, helping build it into an industry leader. At Flagship, Jim was involved in founding, funding, and growing a number of high impact sustainability technology companies and served as an Entrepreneur-in-Residence at the Lawrence Berkeley National Lab and as an advisor to the Department of Energy. Before embarking on his second career committed to developing global sustainable solutions, Jim proudly served as a combat decorated Navy aircraft carrier fighter pilot and as a TOPGUN Instructor before retiring in 2008 as a Commander in the US Naval Reserves.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

Larry Selzer at TEDxWilmington ConvergenceConvergence

Speaker: Larry Selzer
Date: December 1, 2015

This talk explores how the Conservation Fund has brought an entrepreneurial spirit to conservation, launching efforts to design and implement mitigation solutions, seed small green businesses, manage working forests and above all, better integrate economic and environmental goals.

Appointed in 2001, Larry serves as the Chief Executive Officer and President at The Conservation Fund. He leads an executive team that charts the organization’s strategy as it pursues its mission of better integrating environmental protection with economic vitality. Under Larry’s leadership, The Conservation Fund has tripled its net assets. He has brought an entrepreneurial spirit to conservation, inspiring and equipping Fund staff and partners to explore new, more effective conservation solutions in which more Americans can participate. He has launched efforts to restore and manage working forests, design and implement mitigation solutions, seed small green business, and engage more diverse communities in conservation. Prior to joining The Conservation Fund, Larry started his professional career at the Manomet Center for Conservation Science, conducting research on marine mammal and seabird populations.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

Bending the Paradigm of the 12-Minute Doctor Visit

Speaker: Suzanne Clough, M.D.
Date: Novemeber 19, 2014

This talk was given at a local TEDx event, produced independently of the TED Conferences. Suzanne Clough explains how digital health will revolutionize doctors getting to know a person, not a patient.

Suzanne Sysko Clough, M.D., is the co-founder and chief medical officer of WellDoc®, a trailblazing company in the mobile health (mHealth) industry. Dr. Clough left her endocrinology and diabetes practice at the University of Maryland School of Medicine in 2006 to co-found WellDoc, a health care technology company. WellDoc was created to address the unmet needs in both patient self-management education and support, and physician clinical-decision support. With the launch of its software product BlueStar®, WellDoc has grown to be one of the only mHealth companies to date that has: 1) conducted and published randomized controlled clinical trials with demonstrated efficacy and improved health outcomes, 2) received FDA clearance to give real-time clinical-decision support through its software platform and 3) obtained reimbursement for its clinical software. Dr. Clough has been instrumental in inform- ing the design of the algorithms, and clinical and behavioral architecture of the framework of the WellDoc software platform. In addition to mHealth, she is also a subject matter expert in diabetes care, chronic disease medication adherence and behavior modification, and has been an invited speaker to numerous national and international industry, academic and government events on these subjects.

About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

 

 

Contrarian Investing and Inventing the Future

Speaker: Josh Wolfe
Date: Novemeber 19, 2014

Josh Wolfe shares the framework through which venture capitalists look to invent the future. Hint: it has to do with Star Trek and time.

Josh Wolfe is co-founder of Lux Capital and focuses on investments in the physical and life sciences. He manages Lux’s investments in Nanosys, Cambrios and Siluria and serves on the board of directors of Shapeways, Kymeta, Kurion and Lux Research. Before forming Lux Capital, he worked in Salomon Smith Barney’s Investment Banking group, in capital markets at Merrill Lynch on its Financial Futures & Options/Government Strategy desk and at Prudential Securities in Municipal Finance. He is a columnist with Forbes, editor for the Forbes/Wolfe Emerging Tech Report and host of a show on the Forbes Video Network. He has been an invited guest to the White House and Capitol Hill to advise on nanotechnology and emerging technologies, a lecturer at MIT, Harvard, Yale, Cornell, Columbia and NYU, and a frequent guest on CNBC and CNN. His weekly essays and insights are published at forbeswolfe.com. Prior to venturing into the financial world, Mr. Wolfe published cutting-edge AIDS-immunopathology research in Cell Vision and The Journal of Leukocyte Biology, leading medical-immunology journals. He graduated from Cornell University with a B.S. in economics and finance. Mr. Wolfe serves as co-founder and chairman of the board of trustees of Coney Island Prep, the first charter school in his native Coney Island, Brooklyn, and has been actively involved with the East Harlem School at Exodus House for over a decade. The son of a public school teacher, he is passionate about science, inner-city education and kids having a deep desire to learn and find the right heroes.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

 

 

The Creation of a Social Impact Fund

Speaker: Jon Brilliant
Date: Novemeber 19, 2014

This talk was given at a local TEDx event, produced independently of the TED Conferences. Jon Brilliant connects the dots on how nurturing sustainable innovation can develop in the nonprofit sector.

Yes, his last name really is Brilliant. A cross to bear, perhaps. It’s also likely the reason why Mr. Brilliant sees the world a little differently—make that a lot differently. He connects seemingly disparate dots and sees the big picture.

From saving Bolivia from bankruptcy, to running business development as a director at Harrods of London, to being CFO of mHealth pioneer WellDoc, to taking The Sports Authority public, to backing the producers of films such as Thank You For Smoking and The Cooler (starring William H. Macy and Alec Baldwin), Mr. Brilliant has demonstrated the gift to identify, match and nurture people, companies and ideas that show real promise for sustainable success. His current passion is sharing with others how to find and connect their own dots.

About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

 

 

The views expressed are those of the author and 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. 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 mentioned. It should not be assumed that investments in such securities 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.

Helping Clients Navigate the World

From our flagship conference—Navigating Our World (NOW)—to our TEDxSalon and smaller roundtable discussions, we gather together with thought leaders and our clients for open discussions that yield fresh insights into investment opportunities and help us better serve our clients’ needs.

 

OUR CULTURE:
Embracing Outside Views

A key ingredient in making sound decisions for our clients is to surround ourselves with intelligent, experienced people—directors, outside shareholders, clients, other investors and leaders in their fields. We encourage them to question our thought process, and we learn from their experience.