Jennifer Heller – Thinking it Through (Capital Allocators, EP.07)

<p>Jenny Heller is the President and Chief Investment Officer of Brandywine Trust Group.  Brandywine formed 25 years ago to manage the capital for a small group of families that all share a long-term, multi-generational time horizon. Today, it oversees almost $9B for those same families, much of it from compounding over a quarter century. The Group invests flexibly across asset classes, with a focus on partnering with people who they believe have sustainable competitive advantages, share their long-term vision, and have highly aligned interests.  These elite managers often start with great ideas, but limited capital.</p> <p> Before taking the helm at Brandywine five years ago, Jenny worked at the Sloan Foundation, Stanford University Management Company, and Merrill Lynch in its investment banking program. She is a graduate of Williams College, where she serves on its Investment Advisory Committee, and Stanford Business School.</p> <p>Our conversation starts with Jenny’s frustrating experiences with a non-profit micro finance in India and South Africa and turns to her career allocating money on behalf of non-profits and families. We touch on subtleties in picking managers for taxable investors, challenges in executing a long-term strategy, learning from mistakes, and mentorship. Jenny’s clear and deep thought process provides pearls of wisdom throughout our conversation.</p> <p>For more episodes, go to <a href= "../../../content/capitalallocatorspodcast.com/podcast" target= "_blank">capitalallocatorspodcast.com/podcast</a><br /> <br /> Follow Ted on twitter at <a href="https://twitter.com/tseides" target="_blank">@tseides</a></p>