Brown Advisory, a global investment management and strategic advisory firm, announced that it made a strategic investment in RockCreek, a leading investment firm specializing in multi‑asset and outsourced chief investment officer (OCIO) solutions. This partnership brings together two private and independent firms defined by a shared commitment to a client‑first culture and disciplined, long‑term investment philosophies. Both firms are united in their commitment to provide continuity in the performance, advice, and service they are delivering to their clients.

For Brown Advisory, this investment deepens its OCIO and advisory capabilities, and for RockCreek, it provides broader and exceptional resources and enhanced infrastructure. The partnership will help both firms address the OCIO and advisory needs of their endowment, foundation, pension fund, and other institutional clients. The RockCreek team and its day‑to‑day decision‑making and investment processes will remain unchanged, and Afsaneh Beschloss will continue as CEO of RockCreek, where she leads one of the most talented teams serving institutional investors today. She will also be appointed Vice Chair of Brown Advisory.

WilmerHale advised RockCreek in the strategic investment.

The WilmerHale team was led by Stephanie Evans and included Eric Levine, Virginia Pavlick, and Madeline Simpson, with assistance from Meghan Walsh, Tim Silva, Jeff Johnson, Ariella Feingold, Carla Gilbertson, and Lorri Strizich.