Brandywine Trust Group
also referred to as: brandywine
16 statements across 2 episodes · 2 bullish · 4 bearish · 1 people on the record · first statement May 17, 2017 by Jenny Heller · said 11 times in 2 episodes since 2017 · across every show →
Mentions by year
brought up most by Ted Seides (8), Jenny Heller (3)
tap a year for its mentions
2021 1 mention in 1 episode
2017 10 mentions in 1 episode
Everything said about Brandywine Trust Group, oldest first
May 17, 2017 bullish
Heller: Private Equity Offers Key Investment and Estate Planning Advantages
“We really love private equity as an asset class here. It's a wonderful asset for families. Also, it's a wonderful asset, not just from an investment perspective, but from an estate planning perspective, it has some wonderful benefits.”
May 17, 2017
May 17, 2017
May 17, 2017
May 17, 2017
Heller: Reference checking is easier for private equity managers than public managers
“I found there's just a higher level of transparency often on the private side, where managers can really, really dive in and tell you exactly how they were adding value at companies. You can talk to the CEOs of the companies often because they're small busines…”
May 17, 2017
May 17, 2017 negative
May 17, 2017 negative
Heller: Many institutional investment committees exist merely to rubber-stamp ideas
“A lot of investment committees at organizations like ours, Frankly exist to rubber stamp ideas, and it's very easy to get into that model because you meet with them quarterly, and you're meeting with your team weekly”
May 17, 2017
May 17, 2017
Aug 30, 2021
Brandywine assigns a second senior diligence lead to check the CIO
“One of the things that a newer colleague recommended in the past couple years was to bring on a second after what we call the early to midpoint, you know, in our diligence process, which is our issue memo stage. After the issue memo is discussed as a team, som…”
Aug 30, 2021 neutral
Aug 30, 2021 neutral
Aug 30, 2021 negative
Brandywine overlooked broken culture while underwriting a complex quant strategy
“And I'm thinking in particular of quant for us, which is a space where we invested in A manager that was sort of a tax scheme, and it seemed very clever, and it was a factor strategy, so we spent a lot of time looking at factor research and understanding all o…”
Aug 30, 2021 positive
Brandywine rates investments 1-to-5, excluding 3 to eliminate fence-sitting
“We also are really, really believers in using a framework at the end of our process where everyone on the team grades any investment we're doing on a series of criteria that's very, very specific to that investment. On a scale of one through five, not using th…”
Aug 30, 2021 negative
Sizing new fund positions at full capacity backfires during early drawdowns
“And the problem with that is when that position does something you don't expect, let's say the returns are horrific for the first couple of quarters, it puts huge pressure on the internal process. And I also think it puts a lot of pressure on your relationship…”