The foundation of our investment strategy is an approach widely known as the “endowment model”, enhanced by our years of experience in constructing bespoke client portfolios in a challenging array of market environments. Unique to our evolved strategy is acute risk control at the overall portfolio level, based on constant monitoring of look-through manager market risk exposures. We are committed to constructing and managing diversified, all-asset-class portfolios with significant focus on Private Equity, Private Real Estate and Private Debt in addition to Liquid Market strategies.
We offer no in-house products. We are not an asset manager ourselves, so we avoid the conflicts of interest endemic to our industry. Our job is to access those rare asset managers who we assess to be among the best of breed independent managers in their asset classes.
We recruit veteran investors from some of the most highly respected firms in the industry (including Bain Capital, TPG Capital, Tudor Investment Corporation, Fremont Group, Schroders, and Goldman, Sachs & Co.) in the belief that it “takes one to know one” when assessing asset managers. We train our team to be ever more accomplished experts in their dedicated asset class and in client portfolio management.
In our view, the best asset managers are often below the radar of the majority of investors, opening and closing to investors, before most become aware. Our Investment Team members are dedicated to a specific asset class and have built relationships with those who we believe are the best asset managers in the space and with other highly respected institutional investors in these asset classes. Combining these relationships with our current client base and strategic shareholders, we seek to gain access to exceptional closed managers and to get in the door of extraordinary newer managers before they judiciously stop taking new investors or new capital.
We are an Outsourced Investment Office. We have no other businesses to distract us from this one.
Many of our clients are leaders in the investment industry. This is our special franchise and, as a result, our team is continuously tested and challenged by world-class asset managers who are also our clients.
We describe ourselves as having “one office with multiple locations” covering Europe, Asia and North America. Client portfolios reflect a global set of investment opportunities.
We are fully aligned with our clients’ investment goals. Our fees are linked to investment performance, with our capital invested alongside clients. We share no economics with the managers we select and are therefore fully aligned with our clients’ interests. We aim to use our global scale with asset managers to secure preferential terms that flow through to our clients.