Investment Process Management

Excellence in every element of the investment process is required to deliver superior results. Here we describe our internal processes and how we work most effectively with our clients.

In this section

The Optimal Investment Process

Investment Committee Best Practice

Manager Due Diligence

Outsourcing Investment Management

Family Office Best Practices

Private Equity GP Account Investing

The Optimal Investment Process

Our Investment Philosophy and Process

Endowment Investment Decision Making - RAIDs Analysis

Investment Committee Best Practice

Partners Capital Investment Committee Member Charter - Template for Endowments

Every investment committee (“IC”) has an approved Investment Policy Statement. Nearly as important, every IC should have a contract with each IC member clearly specifying their role, responsibilities and tenure. We find this to be quite rare among endowment and foundation clients that we onboard as new clients. ICs are no different than a board

Investment Committee Best Practice

The best performing investment committee (“IC”) recognises its primary role is one of governance, not investing. Charles D. Ellis, the long-time Chair of the Yale University Endowment investment committee made this very clear in his often-cited article on Best Practice Investment Committees, published in 2011 in the Journal of Portfolio Management. Charley stressed that the

Technology

Technology’s Impact on Active Investing

Big Data, or the growing universe of information traversing the web, that is available to systematic and fundamental active managers is changing the competitive landscape favouring those firms best able to find and process such data into powerful investment insights. We expect the greatest alpha generation in the future to come from those fundamental managers

Manager Due Diligence

Asset Manager Partnerships

At Partners Capital, we approach early-stage to more established managers the same way – looking for partners who will deliver sustainable and predictable investment performance results. In this part of our CIO Series Suzanne Streeter and Alex Band share details on our diligence process, benefits of working with emerging managers and how it is critical in

Asset Manager Due Diligence and Selection Criteria

Great investment teams comprise those exceptional and rare individuals who can sustainably deliver excess returns through exceptional skill. We estimate that fewer than 15% of active asset managers across all asset classes achieve this. We do not simply “know one when we see one.” Great investors come in all forms, but there are patterns that

Cracking The Code on Manager Selection

This is an updated version of our whitepaper on what it takes to make a great investor which captures insights from legendary investors of the past as well as the next generation. The original version was written as a briefing document for three separate working dinners with distinguished asset managers, which took place in NYC,

How To Evaluate Investment Performance

Outsourcing Investment Management

Case Study: Managing a $1 billion portfolio for a prestigious US healthcare system

In 2021, Partners Capital were hired as Outsourced Chief Investment Office (OCIO) for a world-renowned, not-for-profit medical organization. Prior to working with us, the client had a relatively traditional 60% equity / 40% bond-style liquid portfolio, with no exposure to alternative investments, including private markets. The client’s Investment Committee was comprised of sophisticated and seasoned

What is an Outsourced Chief Investment Office (OCIO)?

What is an Outsourced Chief Investment Office (OCIO)? A full-service OCIO should offer comprehensive investment program management including an agreed overall investment policy, strategic and tactical asset allocation, portfolio construction, asset manager selection, risk monitoring and management, performance reporting and attribution, and middle and back-office operations. OCIOs are fiduciaries and, as such, must provide assurance to

Outsourcing v Insourcing Investment Management 2013

Family Office Best Practices

Best Practices in Institutional Family Office Investment Management

This whitepaper was written for both individuals looking to set-up a family office as well as existing family offices who are interested in benchmarking their existing set-up with that of others. This topic is inherently complex given the many different iterations of family offices, their purpose, objectives and the structure of the families whose wealth

Do’s and Don’ts of Multigenerational Investing

These Do’s and Don’ts offer some basic guidance for managing family wealth over multiple generations. This ranges from simple wealth management where next generation knowledge and involvement may be useful, to multi-generational families with substantial family wealth planning resources and requirements. Some families may have already established a formal family office to administer wealth management,

Making a Difference – Developing your Philanthropy Strategy

‘‘ Poor and restricted are our opportunities in this life; narrow our horizon; our best work most imperfect; but rich men should be thankful for one inestimable boon. They have it in their power during their lives to busy themselves in organizing benefactions from which the masses of their fellows will derive lasting advantage, and

Private Equity GP Account Investing

How do Veteran Private Equity Professionals Invest Their Personal Wealth

Partners of distinguished Private Equity firms are some of the most proficient investors in the world in leading their firms’ investment activities. Many are also proficient in managing their substantial wealth outside their firms. However, many are not. With just under half of Partners Capital’s assets under management owned by senior investment industry professionals, mostly