WE BUILD PORTFOLIOS FOR WHAT MATTERS
Who We Are
Since our founding in 1973, we have been a market leader in building diversified investment portfolios.
With many offices around the globe and a world-class network of managers, we offer the scale, resources, and networks of a global firm, coupled with the trust, independence, and personal attention of a boutique firm.
OUR VALUES
Who We Serve
We work with endowments, foundations, private clients, family offices, pensions, healthcare systems, and other institutional investors.
We believe our decades-long experience and well-established network allows us to consistently find and access the world’s top-performing investments. We are fully focused on delivering the best investment outcomes for our clients and aligning portfolios to their investment goals, risk tolerances, and values.
OUR HISTORY
Our guiding principle
While many things have changed over 50+ years, our guiding principle hasn’t. We strive to deliver investment outperformance and an exceptional client experience.
1970s
Our beginnings started with serving endowments, foundations, and pensions. We focused on US venture capital, US private
equity, real estate, hedge funds, and international equity.
1980s
In the 1980s, we began working with private clients, family offices, and healthcare systems. Our investments included timber, emerging markets, distressed funds, oil & gas, and South African divestment.
1990s
We expanded our investments to include international private equity, active currency overlay, commodity funds, private credit, and exclusionary screens for "sin stock" investments.
2000s
Since the 2000s, we've focused on impact investing, distressed mortgage funds, royalty payments, environmental, social, and governance (ESG), co-investing, secondaries, social equity and diversity investing.
PORTFOLIO MANAGEMENT SERVICES
How We Work With Clients
We put clients at the center of every decision and action, with investment teams built to reflect each client’s needs and one-of-a-kind portfolios. Our portfolio management services complement clients’ internal resources and expertise in the following ways:
DISCRETIONARY/OCIO
For clients who wish to delegate portfolio management decision making, we serve as their fully resourced investment office, accountable for portfolio strategy, implementation, day-to-day management, and operations.
ADVISORY SERVICES
For clients with significant investment staff or who wish to be actively involved in investment decisions, we augment their in-house resources with our robust manager networks and provide recommendations on asset allocation, portfolio structure, and manager selection.
ASSET CLASS MANDATES
For clients who wish to leverage our specialized investment skill and manager networks in private equity, hedge funds, real assets, private credit, co-investments, and secondaries, we manage asset class mandates on a discretionary or non-discretionary basis.