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 [email protected].

Flexible Equity

We believe that a portfolio of companies with attractive business economics, shareholder-oriented managements and the potential for future growth, purchased at bargain prices, can outperform the S&P 500 Index with less risk over the long term.

 

Inside the Strategy

  • We believe that having the flexibility and mindset to look across the broad spectrum of investment opportunities allows us the ability to invest in compelling, well-understood businesses with shareholder-oriented managers and a margin of safety. We look for moments when the market serves up opportunities to purchase these companies at bargain prices, which is often due to short-term investor perceptions, temporary business difficulties that will improve, or as-yet undiscovered opportunities and unrecognized changes for the better, in our view.
  • Our core portfolio of high-quality businesses is managed with an emphasis on maintaining a margin of safety. We believe that this approach can deliver a consistent and long-term record of beating the equity market, as measured by the S&P 500 Index.
  • Our strategy is based on a unique firm culture and philosophy, which support a shared belief that low-turnover, concentrated portfolios derived from sound fundamental research can generate attractive outperformance.

Inception: 04/30/1979 (Prior to 2008, this strategy was managed by Alex. Brown Investment Management)

Benchmark: S&P 500 Index

Concentrated Portfolio: 30-45 holdings, minimum $2 billion market capitalization

Portfolio Manager: R. Hutchings Vernon, CFA

Separately Managed Accounts

Please contact us for more information.

Private Client Solutions: Doug Godine
Tel: 410-537-5585
Email: [email protected]

Institutional Client Service and Investment Management Strategies: Topher Fearey
Tel: 410-537-5549
Email: [email protected]

Endowment & Foundation Services: Doug Godine
Tel: 410-537-5585
Email: [email protected]

Investment Consultants: Topher Fearey
Tel: 410-537-5549
Email: [email protected]

Financial Intermediaries: Topher Brewer
Tel: 410-537-5483
Email:& [email protected]

Mutual Fund

Please click the button below for more information on this strategy and all our mutual fund offerings.

R. Hutchings Vernon Portfolio Manager

Hutch Vernon, CFA, is the portfolio manager for the Flexible Equity strategy. Prior to joining the firm, he was the chief investment officer and portfolio manager for Alex. Brown Investment Management. Hutch also held a portfolio manager and research analyst position with T. Rowe Price Associates, Legg Mason and Wachovia Bank.

Education

  • The University of Virginia (Phi Beta Kappa), BA (1982)

Community Involvement

  • Board Member, KIPP Baltimore

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.