RCS - Brown Advisory Ltd - Marylebone Partners to join Brown Advisory

Majedie InvestmentsAnnouncement

27/06/2025 09:00

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RNS Number : 7355O  Brown Advisory Limited  27 June 2025

Marylebone Partners to join Brown Advisory to build on offering for private
clients, family offices and endowments

London - June 27, 2025 - Brown Advisory, an independent investment and
strategic advisory firm committed to delivering exceptional outcomes for its
clients, is pleased to confirm that it is in advanced conversations with
London-based Marylebone Partners LLP ("Marylebone Partners") to build a
leading endowment-style offering for clients based outside of the U.S. The
plan will bring together two firms with a shared commitment to client values,
the pursuit of investment excellence, and long-term partnership.

Marylebone Partners was co-founded by CIO Dan Higgins in 2013 and is trusted
by families, charities, endowments, and trusts to grow and protect their
wealth. The firm is recognised for its ability to identify differentiated
investment opportunities, sourced through a global ideas network built over
nearly three decades.

The move will enhance Brown Advisory's existing capabilities by providing a
greater range of investment opportunities and strategies to meet the
developing needs of clients. Specifically, it will:

 ·         Provide distinctive and complementary return sources including hard-to-access
           independently managed funds, co-investment opportunities and direct
           investments, enhancing the return potential of client portfolios.
 ·         Strengthen Brown Advisory's investment team by adding one of London's most
           respected allocators with three decades of experience investing in fundamental
           strategies, including alternatives.  Marylebone Partners will bring with it
           an extensive database, proprietary investment and risk analytics, and
           sophisticated portfolio construction tools.
 ·         Enable the clients of Marylebone Partners to benefit from Brown Advisory's
           extensive global resources, infrastructure, and in-house investment expertise.
 ·         Allow the Marylebone Partners investment team to focus on sourcing and
           managing high-return potential, differentiated investments for their clients.
 ·         Provide Marylebone Partners' clients with access to Brown Advisory's leading
           direct equity and fixed income strategies.

 

Marylebone Partners' team will remain responsible for the management of its
client portfolios, which should immediately benefit from being part of Brown
Advisory. Marylebone Partners is expected to continue as the investment
manager of Majedie Investments PLC, an investment trust with a 'liquid
endowment' strategy.

Upon completion of the transaction - which is subject to regulatory approval -
Marylebone Partners' principals will convert their ownership interests into
Brown Advisory's equity.

Logie Fitzwilliams, Co-CEO of Brown Advisory, added: "We have long admired
Marylebone Partners' thoughtful approach and investment expertise. We are
always looking to improve and build our service for clients, by offering a
broader range of investment opportunities and strategies that meet their
bespoke needs. With the Marylebone Partners team onboard, this will enhance
our ability to serve endowment, family, and trust clients with an increasingly
differentiated investment platform. I am thrilled to welcome them to Brown
Advisory."

Dan Higgins, Co-Founder, Partner, and Chief Investment Officer of Marylebone
Partners, commented:

"I have known and respected the team at Brown Advisory for more than a decade,
and we will be proud to become part of their success story. The current
environment presents some of the most compelling investment opportunities we
have seen since founding the firm and, working within Brown Advisory, we will
be able to take full advantage. Our clients' portfolios will continue to be
managed by the team they know, with our capabilities enhanced by greater
investment resources, research and expertise. Brown Advisory's partnership
model, client-first culture and commitment to the highest level of service,
align with Marylebone Partners values. We have committed for the long-term,
and I am very excited to join forces."

-ENDS-

About Brown Advisory

Brown Advisory is an independent investment management firm committed to
providing its clients with a combination of investment performance, strategic
advice and the highest level of service. Brown Advisory has been a private and
independent firm since 1998. Today, the firm has more than 900 colleagues -
each with an equity interest - serving private clients and institutions in
over 49 countries from 20 offices globally and is responsible for
approximately $166 billion in assets for private and institutional clients and
charities as at end of May 2025. 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.

Brown Advisory's endowment and foundation business in the U.S. now sits at
$17.5bn AUM as at end of May 2025. This has recently been strengthened with
the appointment of Sargent McGowan as CIO of U.S. Endowments &
Foundations. He was previously a managing director and senior member of the
investment team for the University of Virginia's endowment office for 11
years.

About Marylebone Partners

Marylebone Partners LLP is a London-based investment firm serving families,
charities, endowments, and trusts. The firm is known for its ability to access
differentiated, fundamental investment opportunities through a global network
of external managers, situation-specific and thematic strategies. Marylebone
was founded with the vision of delivering superior investment outcomes through
relationships built on trust and transparency. For more information, please
visit: www.marylebonepartners.com
(https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.marylebonepartners.com&c=E,1,XHpCUwNz_HtqlqzMXTGVk0o05V4Bn6fQQLrwxnCGJbFHt5LCxuo8L3AswgXIPh7F2KnQ55ae-V8unL4QdKfg-BrRSYWcuFEv4y_98Wt-8fSFfGhA&typo=1)

Media Contacts

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