A History of Disciplined Outperformance

Context

A founding family with $180M in concentrated equity exposure sought to diversify, reduce estate tax liability, and establish a governance framework for the next generation.

Approach

We restructured the portfolio over 36 months using a systematic tax-loss harvesting program, established a family limited partnership, and implemented a diversified alternatives allocation.

Outcome

Reduced concentration risk from 78% to 22% of total portfolio. Estate tax exposure reduced by an estimated $14M. Family governance charter adopted by all three generations.

Context

A private foundation with a $95M endowment experienced significant drawdown in 2020 and needed to rebuild while maintaining a 5% annual distribution requirement.

Approach

We redesigned the asset allocation to incorporate a 30% alternatives sleeve — including private credit and real assets — while maintaining sufficient liquidity for distributions.

Outcome

Portfolio recovered to pre-crisis levels within 14 months. Annual distributions maintained without interruption. Volatility reduced by 31% relative to prior allocation.

Context

A technology founder received $240M in proceeds following a company acquisition. The mandate required rapid deployment, tax optimization, and long-term wealth preservation.

Approach

We developed a phased deployment strategy across public markets, private equity, and real assets, combined with a charitable remainder trust to defer capital gains.

Outcome

Estimated $22M in capital gains tax deferred. Portfolio fully deployed within 18 months. First-year net return of 9.1% against a benchmark of 6.8%.