FIRM HISTORY

Evolution & Innovation

Founded in 1949 as the industry’s original hedge fund, A.W. Jones evolved into an independent alternative asset management firm specializing in hedge fund solutions and co-investments. Our outcome-oriented investment approach specializes in sourcing emerging managers, niche hedge fund strategies, and asymmetric co-investment opportunities.

  • The investment philosophy pioneered by our founder, Alfred Winslow Jones, has driven the firm since its inception in 1949

  • The partnership was converted to one of the earliest multi-manager funds in 1984

  • We have continuously deepened our research capabilities, focused on innovative strategies and investment managers we believe to be top-tier

  • We specialize in identifying emerging and niche managers early in their life cycles as well as asymmetric co-investment opportunities

  • Evolution and innovation have enabled us to deliver returns in the face of changing markets and a changing industry

ALFRED WINSLOW JONES

Founder of the Industry’s Original Hedge Fund

1949

1950s - 1984

1984 - PRESENT

2017 - PRESENT

2019 - PRESENT

2022 - PRESENT

1949
Launch Of The First “Hedged Fund”
  • Long/short investment approach
  • Emphasizing stock selection over market returns
  1. See, for example: Landau, Peter. “Alfred Winslow Jones: The Long and the Short of the Founding Father.” Institutional Investor (August, 1968); or Sebastian Mallaby, More Money than God (New York: Penguin Press, 2010)
1950s - 1984
Internal Multi-Manager Fund
  • Portfolio managers using the A.W. Jones investment philosophy
  • Centralized risk management and market exposures
1984 - PRESENT
External Multi-Manager Portfolios
  • Adopted asset allocation and risk management processes to reduce risk and volatility
  • Focus on early investments with next generation of emerging managers
2017 - PRESENT
A.W. Jones Emerging Manager Class
  • Smaller AUM funds offering preferential terms and niche managers in capacity constrained strategies or inefficient markets
Customized Solutions & Advisory Services
  • Enhanced investment research, systems and operational capabilities
2019 - PRESENT
Insurance Dedicated Fund
  • Same investment philosophy of the existing A.W. Jones multi-manager portfolios
  • Allows investors to invest on a tax-deferred or tax-free basis
2022 - PRESENT
A.W. Jones Select Opportunities Class
  • A dedicated portfolio of idiosyncratic public & private equity co-investments
  • Investments sourced from a network of both established and emerging managers