Keep pulling the thread on Jenny Heller.
Over 20 years ago, Brandywine Trust Group provided seed capital to an investment manager who now manages the largest portion of Brandywine's global equity portfolio.
For Brandywine Trust Group, managing taxable money means redeeming from a manager can result in reinvesting only a "75 or 80 cent dollar" due to capital gains taxes.
Brandywine Trust Group operates on the principle that tax efficiency creates an additional annual performance hurdle of 150 to 200 basis points for its active managers.
The average holding period for an investment manager at Brandywine Trust Group is over 11 years.
Brandywine Trust Group uses passive investing as the performance "break-even" or hurdle rate that any active investment must be expected to outperform.
Partners Capital has grown and scaled its operations to become a leading Outsourced Chief Investment Officer (OCIO).
Brandywine Trust Group has maintained its strategy as a boutique firm serving a fixed set of family clients.
The NGO Jenny Heller worked for in India was more focused on securing grants from the World Bank than on its primary mission.
Jenny Heller believes that in fast-growing economies like India, top talent is drawn to technology and finance, creating a talent gap in the non-profit sector.
Brandywine Trust Group was deliberately established as a trust company 25 years ago by four founding families to ensure a multi-generational approach to wealth management.
Brandywine Trust Group primarily manages its assets through pooling to provide all family clients with access to the same investment opportunities.
Brandywine Trust Group recently served as an anchor investor for a small, first-time healthcare fund.