Capital with a purpose beyond itself needs patience. We study what takes decades to pay off, not a quarter.

These investors look decades ahead, sometimes beyond their own lifetimes. The money often serves something bigger than itself – a family’s legacy, a university’s future, a cause that must be funded year after year.

We understand that kind of patience, because research needs it too. Most of what we study doesn’t pay off in a quarter, and we won’t pretend it does.