FIRM HISTORY

Evolution & Innovation

Founded in 1949 as the industry’s original hedge fund, A.W. Jones has evolved into an alternative asset manager focused on building and preserving wealth for our clients. We work with High Net Worth & Ultra High Net Worth Individuals, Single & Multi-Family Offices, Wealth Managers & Financial Planners, Endowments & Foundations, and Consultants.

  • 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

  • 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

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
Customized Solutions & Advisory Services
  • Enhanced investment research, systems and operational capabilities
A.W. Jones Emerging Manager Share Class
  • Smaller AUM funds offering preferential terms and niche managers in capacity constrained strategies or inefficient markets
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