William and Mary

Generated outreach message alignment report
1. You are overweight Global Public Equities and recently added new managers in that sleeve.
We run a concentrated, high-conviction global equity strategy that can slot into your core global public equities book where you are actively allocating and evaluating managers.
Evidence
“As of June 30, 2025, Global Public Equities represented 49.8% of the aggregate portfolio.” “On balance, the Partners Fund is hovering around the target allocations... with an overweight to Global Public Equities and an underweight to Private Equity relative to a static policy portfolio weighting.” “The Fund added two new investment managers to the Global Equities portfolio.”
2. You emphasize non-U.S. equity exposure, with sizable developed international and emerging markets allocations and close tracking vs EAFE/EM benchmarks.
Our global mandate and emerging-markets capability can complement your international exposures and are managed against global/EM benchmarks with a focus on alpha generation.
Evidence
“Developed International Equities accounted for 23.4% of the portfolio and returned 19.4%, outperforming the MSCI EAFE benchmark by 171 basis points.” “Developed International markets outperformed the U.S. markets in the fiscal year.” “The Emerging Markets allocation delivered solidly positive mid-teens returns, 15.2%, for the fiscal year in line with the market benchmark.”
3. Your policy and evaluation frameworks are globally oriented (ACWI-based) for public equities.
We manage a global, benchmark-aware but high-conviction portfolio that is designed to deliver excess returns versus ACWI with controlled correlations.
Evidence
“Policy Benchmark: 56% MSCI All Country World Index, 24% Bloomberg Barclays Aggregate Index...; Beginning July 1, 2022: 45% MSCI All Country World Index...” “The portfolio’s investments in Global Public Equities returned a positive 14.4% for the fiscal year, compared to the MSCI All-Country World, its benchmark, which produced a positive 16.2%.”
4. You actively use diversifying, non-correlated strategies (including hedge funds) and highlight their benchmark outperformance.
Our low-correlation, concentrated hedge fund profile can serve as a diversifier within your Diversifying Strategies bucket while targeting consistent alpha.
Evidence
“Diversifying Strategies, which include investments in private credit, specialty finance, hedge funds and non-correlated strategies... produced a solid 8.8% return in the fiscal year, outperforming its benchmark by 166 basis points.” “include investments in ... hedge funds and non-correlated strategies including cash flow-based royalty investments, produced a solid 8.8% return in the fiscal year, outperforming its benchmark by 166 basis points.”
5. You allocate via external managers and continue to onboard and transition relationships.
As an entrepreneurial, owner-managed boutique, we fit your model of hiring external managers and can engage through a focused, capacity-constrained mandate.
Evidence
“The William & Mary Business School Foundation’s endowments are invested primarily in funds managed by the 1693 Partners Fund and LCG Associates.” “The William & Mary Business School Foundation began investing some funds with LCG Associates during FY 2022.” “The VIMS Foundation endowment previously invested with WAMIT was moved to LCG Associates beginning September 2020; investment performance is net of all fees and expenses.” “The Fund added two new investment managers to the Global Equities portfolio.”
6. You place more weight on long-term, net-of-fees performance versus policy benchmarks.
We have a long track record and report net-of-fees results, aligning with your emphasis on durable, benchmark-relative value-add.
Evidence
“it is not what happens in any specific one-year period that defines a successful... strategy; the best gauge is longer-term results.” “Over the last 10 and 15 years, the Partners Fund... has generated returns of 8.08% and 8.27%, exceeding the Policy Benchmark returns by 0.74% and 0.45% per year, respectively.” “Fund-level investment performance is presented net of investment manager fees and gross of internal operating expenses.”
7. You are underweight Private Equity and keep Fixed Income modest, leaning on public equities and diversifiers for returns.
A concentrated, high-conviction global hedge fund can be a return driver in your liquid book without increasing PE or duration risk.
Evidence
“On balance, the Partners Fund is... overweight to Global Public Equities and an underweight to Private Equity relative to a static policy portfolio weighting.” “Fixed Income assets within the portfolio remained modest at 2.9% of the overall portfolio.”