Brown Advisory Hires Craig Fravel as a Senior Advisor in Southern California 

SAN DIEGO, CA, July 31,2024 – Brown Advisory, a global, private and independent investment management and strategic advisory firm, is proud to announce that Craig Fravel will join the firm as a partner and senior advisor in Southern California.

Fravel joins Brown Advisory after a significant career in the Thoroughbred racing industry. Most recently, Mr. Fravel served as Executive Vice Chair of the racing assets of the Stronach Group, which included oversight of Golden Gate Fields, Gulfstream Park, Laurel, Pimlico, Rosecroft and Santa Anita. Before that, Mr. Fravel was the President and CEO of the Breeders’ Cup, from 2011 through 2019, and President of the Del Mar Thoroughbred Club, where he worked from 1990 to 2011.

“We are very excited to have Craig join our firm. He has a demonstrated track record of success and trust – he knows how to bring people together and get things done,” said Mike Hankin, president and CEO. “Craig’s thoughtful approach to finding solutions combined with his connections, network and expertise in and beyond horse racing will be very valuable to our clients,” he added.

Mr. Fravel has supported a number of impactful industry and community organizations. He served on the board of Equibase, the official provider of racing data for the Thoroughbred industry in the U.S., and while at the Breeders’ Cup was a member of the board of the International Federation of Horseracing Authorities.

“After a rewarding career in the Thoroughbred racing industry, it is thrilling to have an opportunity to bring the skills and relationships developed over the years to Brown Advisory as it expands its presence in California,” reflects Mr. Fravel. “While I am deeply grateful for the experiences and friends I have enjoyed in racing, it is a great time for me and my family to undertake a new challenge. The culture, integrity and excellence I have personally witnessed in my interactions with Brown Advisory and its colleagues in recent years gives me confidence that the next chapter will be as fulfilling as the last.”

Mr. Fravel currently serves on the boards of The Permanently Disabled Jockeys Fund, the Southern California Equine Foundation and the Dolly Green Research Foundation. He has served as a director of the Racing and Medication Testing Consortium and the National Thoroughbred Racing Association, where he previously served as Chairman. He is a member of The Jockey Club in the United States and served on its Board of Stewards from 2011 until 2015. He chairs The Jockey Club’s Thoroughbred Safety Committee and continues to serve as a Member of the Breeders’ Cup.

“We have a great deal of business momentum in California – we think Craig will be an incredible ambassador in raising our awareness in San Diego and across Southern California.” said Doug Godine, Head of Private Client Business Development. “People across the globe look to Craig for advice and guidance – this level of trust is a hallmark of the relationships that our clients ultimately build with their Brown Advisory teams,” said Godine.

Mr. Fravel started his career at the San Diego law firm of Luce, Forward, Hamilton and Scripps, where he was a partner specializing in corporate law and finance. He is a 1982 graduate of the University of Virginia School of Law and a cum laude graduate of Bucknell University in 1979.

About Brown Advisory

Brown Advisory is an independent investment management and strategic advisory firm committed to providing its clients with a combination of first-class investment performance, strategic advice and the highest level of service. The firm has offices in Austin, Baltimore, Boston, the Carolinas, Delaware, Frankfurt, London, Nashville, New York, San Francisco, Singapore, Southern California, Tokyo, Virginia and Washington, D.C.

The firm serves individuals, families, endowments, foundations and other institutions, and is responsible for over $156.9 billion in client assets as of June 30, 2024. The firm’s colleague equity ownership, experienced investment professionals and client-first culture help to make a material difference in the lives of its clients.