Smith College

Generated outreach message alignment report
1. You seek to manage a concentrated, high-conviction portfolio.
Our small-AUM, best-ideas strategy is intentionally concentrated and high-conviction, aligning with your preference for focused active risk.
Evidence
“Smith seeks to manage a concentrated, high-conviction portfolio.”
2. You primarily implement through active third-party managers and emphasize alpha in global equities.
We are an entrepreneurial, owner-managed active manager with a global mandate designed to outperform passive indexes through fundamental research.
Evidence
“The Investments Office primarily uses allocations to active third-party fund managers to execute its strategy.” “Smith’s investment approach to global equities emphasizes active management designed to uncover attractive opportunities and identify market inefficiencies to generate excess returns relative to passive indexes.”
3. You value absolute return/hedged strategies that diversify the endowment and are less tied to broad market moves.
Our low-correlation return profile and risk-managed long/short toolkit are built to complement equity beta and smooth endowment volatility.
Evidence
“Absolute return strategies provide significant diversification to the endowment. The asset class is expected to provide solid returns with lower volatility, largely independent of broad market moves.” “Absolute Return Funds 626,467 5,910 - - 620,557”
4. You are open to partnering with firms of various sizes/stages and emphasize alignment, transparency, and right-sized structures.
As a boutique, owner-managed firm, we offer high alignment of interests, direct access to decision-makers, and a structure calibrated to our strategy.
Evidence
“Flexible Smith partners with firms of various sizes, structures, and stages of development.” “align interests between fund managers and investors, value communications and transparency, and are sized and structured appropriately in light of their strategies.”
5. You maintain a meaningful allocation to global public equities.
Our global mandate (including emerging markets capability) is designed to be a high-conviction complement within your global equities sleeve.
Evidence
“Global Public Equity 29.0% Absolute Return 24.0% Private Equity 20.0% Venture Capital 15.0% Real Assets 5.0% Fixed Income 5.5% Cash 1.5%” “The global public equity asset class is expected to provide exposure to global listed stocks.”
6. You accept standard hedge fund liquidity terms and lock-ups (e.g., 30–90 day notices) within set allocation parameters.
Our fund’s liquidity terms and monthly reporting cadence fit comfortably within your stated practices and liquidity framework.
Evidence
“required notice periods (generally 30 to 90 days after initial lock-up periods) for certain hedge funds” “Asset allocation parameters are established for investments with lock-up periods.”
7. You favor managers integrating ESG and have ceased new commitments to fossil fuel-specific managers.
We are not fossil-fuel-specific and can align with ESG frameworks; our research process integrates material ESG risks where relevant.
Evidence
“Smith has ceased all new investments with fossil fuel-specific managers.” “As of June 30, 2025, over 20% of the endowment’s capital is invested with or committed to UNPRI signatories.”
8. You seek long-term partnerships and conduct rigorous diligence on team, strategy, performance, risks, terms, and ESG.
Our long, cycle-tested track record, repeatable process, and founder-led team are built for durable, partnership-oriented capital.
Evidence
“How Does Smith Select Partnerships? Smith seeks long-term partnerships with exceptional investment firms that can generate attractive long-term performance to meet the college’s investment goals and support current and future Smith students.” “Investments Office recommendations to the Investment Committee provide thorough research and analysis of a prospective fund’s team; organization; strategy; performance; risks; terms; environmental, social, and governance (ESG) considerations; and references.”