For over three decades we have worked with families and family offices to help them select and manage portfolios of alternative investments. Based on each family’s aims and objectives, we research and recommend appropriate opportunities. In consultation with the client, we build eclectic portfolios of alternative investments.

A flexible mix of strategies offers wider diversification and thus, one expects, lower risk than any single portfolio technique. Of central importance is identifying and working with outstanding specialized managers within each strategy. To this end, we have met and interviewed thousands of managers and have navigated through multiple investment cycles.

We use strategies that recognize cycles of popularity and unpopularity for each market category separately, just as for the market as a whole. Such an approach can adapt to changing relative values and should also provide early access to new opportunities before they become fully understood and exploited.

Clients can participate in our in-house collective or in individualized portfolios.

We have managed substantial amounts of capital in this way for over thirty years. Our former chairman, John Train, has published many studies of great investors and their techniques, including The Craft of Investing and Money Masters of Our Time.