Equities Fixed Income Hedge Funds 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.

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 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.

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

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.

CULTIVATING THE SEVENTH SENSE: AN ESSENTIAL INSTINCT IN THE AGE OF NETWORKS

Nothing today occurs in a vacuum, and everything is seemingly connected to everything else. This idea forms the foundation of Joshua Cooper Ramo’s recent book, The Seventh Sense. His overarching view is that the winners of today and the future are those who can look past the individual people, entities, events and objects around us, and see the series of networks that truly drive the world.

Brown Advisory | NOW London 2017 | Navigating Our World | Cultivating the Seventh Sense: An Essential Instinct in the Age of Networks
Joshua Cooper Ramo, Co-CEO and Vice Chairman of Kissinger Associates and the author of the book The Seventh Sense at Brown Advisory's NOW Conference

Ramo is currently the co-CEO of Henry Kissinger’s consultancy firm and a board member of Starbucks and FedEx. His business career took off in Beijing in 2002, following a distinguished tenure at TIME magazine, where he became the youngest senior editor and foreign editor in the magazine’s history. Still, he began his talk and introduced the origins of his book with an anecdote of what he referred to as “an $800 million dollar mistake.” He explained a job offer he received in the 1990s from two men “in flip-flops and shorts” who were starting an Internet company from a small warehouse in Silicon Valley. After some deliberation, he declined the offer, as he could not imagine “who in their right mind would use something called Yahoo?”

This example was the first time he had directly encountered people who clearly saw a certain set of forces that would transform the world and were preparing to act on it. He noted that Friedrich Nietzsche, when discussing the Industrial Revolution, used the term “sixth sense” to describe the instinct people needed to deal with that profound movement. Similarly, Ramo uses the term “seventh sense” to describe the frame of mind needed to embrace and master the current revolution: network empowerment.

Joshua Cooper Ramo, Co-CEO and Vice Chairman of Kissinger Associates and the author of the book The Seventh SenseConnectivity, according to Ramo and many others, is the “unstoppable feature of our age,” defining both the huge challenges faced by existing institutions and the creative forces behind the rapid changes we are seeing. Consider that many institutions, from government to the media, are definitively less respected by their constituents than they were 10 years ago. Real-time information about natural disasters, disease outbreaks, terror attacks and other events often reveal the cracks in society’s solutions for dealing with these events. These and other factors related to connectivity are chipping away at the bedrock of traditional institutions. However, at the same time, connectivity is powering an energetic and aggressive creative energy. People and ideas are milliseconds apart where it was once days. Networks beyond a certain size become far more powerful than their constituent parts—the more people use a network, the more effective it becomes, and the more inevitable it becomes that others will join that network to gain its benefits. Many examples—from Microsoft Windows in the 1990s, to Google in the 2000s, to Facebook and LinkedIn in the recent decade—demonstrate this network effect.

Ramo concluded with a plea to the audience to try and step back and watch this broader megatrend and its impact. The nature of hyperconnectivity in the media can ironically lead us to focus on individual events as they happen, but not as part of a broader pattern. We do so at the risk of missing just how much the power of networks plays into many of the unpredictable events roiling society today.

 

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.


NOW London 2017 Session Summaries and Videos

(Please click on any session title below to navigate to the recap and video page for that session.)

 

Introduction:
Thriving in Uncertain Times: Investment Takeaways

Session 1:
What Next? Making Sense of the Global Economy

Session 2:
Creating Value in an Age of Disruption

Session 3:
Innovation Beyond Silicon Valley

Session 4:
Shifting Alliances: America’s Changing Relationship with Asia and the Middle East

Session 5:
Cultivating the Seventh Sense: An Essential Instinct in the Age of Networks

 

Continue the Conversation

Mutual Funds Attestation

 

You are now leaving the Brown Advisory website and entering the Brown Advisory Mutual Funds site.

The content on this site is directed at investors in the U.S. By entering this site you are confirming that you are a U.S.-based investor to whom these Funds may legally be promoted.

If you are an international-based investor please click here.

By clicking "Exit" below I indicate that I have read the above terms and do not wish to continue into this section of the web site.

By clicking "I Agree" below I indicate that I have read and accept the terms above and wish to continue into this section of the web site.