Bowdoin College

Generated outreach message alignment report
1. You maintain a large, deliberate allocation to absolute return managers, including global long/short and global macro.
We run a concentrated, high‑conviction global long/short strategy designed to deliver absolute‑return, low‑correlation outcomes—directly aligned with your absolute return sleeve.
Evidence
“Global long/short 421,515 31,462 — — 452,977 ... Absolute return: Global macro 379,843 — — — 379,843” “ABSOLUTE RETURN 950,132,000 END OF YEAR MARKET VALUE”
2. You invest exclusively through external, commingled fund managers and value manager discretion.
We offer an institutional commingled LP with NAV reporting and full discretionary stock selection—matching your outsourced, third‑party manager model.
Evidence
“Most of the College’s investments are held through limited partnerships and commingled funds for which fair value is estimated using net asset values (NAVs) reported by fund managers as a practical expedient.” “Bowdoin invests exclusively through third-party firms, partnering with world-class managers who have discretion in selecting underlying securities.”
3. Your portfolio is explicitly global and diversified across geographies.
Our mandate is global by design—including developed and emerging markets—which can complement your international exposure with a single, concentrated best‑ideas portfolio.
Evidence
“Today, the portfolio is diversified, global, and has a long - term orientation.” “It is diversified across asset classes and geographies to maximize risk-adjusted returns.”
4. You maintain a dedicated emerging markets allocation and invest meaningfully in EM regions.
We have deep EM capability within our global process and can provide targeted EM alpha and country/stock‑specific insights that align with your EM sleeve.
Evidence
“Emerging markets 41,845 864 — — 42,709” “SUB-SAHARAN AFRICA INVESTMENTS 54,081,000”
5. You accept varied liquidity terms and lock-ups across managers.
Our fund’s quarterly/periodic liquidity and disciplined capacity management fit your comfort with manager lock-ups and a mix of redemption profiles.
Evidence
“Certain marketable investment funds contain lock-up provisions. Under such provisions, share classes of the investment are available for redemption at various times in accordance with the management agreement with the fund.” “Absolute return 10,839 70,116 652,750 43,836 44,007 26,470 848,018”
6. You prefer generalist managers over narrow industry specialists.
As a generalist, high‑conviction global equity manager, we are aligned with your preference to back broad, cross‑sector investors rather than single‑sector specialists.
Evidence
“The vast majority of Bowdoin’s endowment is invested with generalist firms, not industry specialists.”
7. You emphasize rigorous, long‑term manager selection and top‑tier performance.
We are an owner‑managed, entrepreneurial team with a long, multi‑cycle track record—built to meet your intensive diligence focus on alignment, culture, and durable returns.
Evidence
“The investment office carefully screens investment managers... analyzing their investment returns across economic cycles.” “Over fifty firms manage the endowment’s investments, and their successes are measurable—our endowment’s financial performance ranks in the 99th percentile... over the past five-, ten-, fifteen-, and twenty-year periods.”
8. You deliberately seek low‑correlation return streams to improve the endowment’s risk profile.
Our absolute‑return, hedged approach targets low correlation to equities and can enhance your diversification and downside resilience.
Evidence
“Using the basic tenets of modern portfolio theory, the endowment is diversified across multiple asset classes with differing correlations and risk and return characteristics.” “To mitigate risk, the College combines diversification across noncorrelated asset classes with a prudent spending policy.”