Your Outsourced Chief Investment Office.
We manage the whole portfolio at full discretion, public and private, to one fiduciary standard. It's the institutional investment office most families and institutions would otherwise have to build themselves.
Your Private Investment Office
Running a serious portfolio is a job in itself. Setting the policy, allocating across public and private markets, finding managers and checking their work, sizing the illiquidity, watching the risk, reporting the truth. Most families and institutions can't staff all of that, and shouldn't have to. That's what an outsourced chief investment office does, at full discretion, as a fiduciary.
Mavros becomes that office. It's how the old family investment houses, Rockefeller among them, held onto fortunes across generations that never met: one team, one book, every asset class, one standard. You keep the goals and the governance. We carry the portfolio.
Who We Manage Money For
Families & Family Offices
Wealth that needs an institutional investment office and shouldn't have to build one. We become that office.
Endowments & Foundations
Perpetual capital with a spending mandate, where both the investment and the governance around it have to hold up for decades.
Institutions & Retirement Plans
Boards and committees carrying a fiduciary duty they can't fully staff, who would rather hand discretion to a team that answers for the result.
We Take the Portfolio
The difference is discretion. A consultant hands your committee a stack of recommendations and leaves the implementing, and the results, to you. We just run it.
- Recommends managers and strategies for your committee to weigh.
- Advises when called upon. The committee still owns the implementation.
- You keep the internal staff, the systems, and the coordinating.
- The outcome stays your responsibility.
- Takes full responsibility for managing the portfolio and its performance.
- Makes and implements every call (allocation, manager selection, rebalancing, trading) under your policy statement.
- Stands in for an internal investment office and its systems.
- Acts as a fiduciary, and answers for the result.
Roughly nine in ten family fortunes are gone by the third generation. The market is rarely what did it. What's usually missing is a plain, disciplined way of holding the money.
How We Actually Run the Money
No two portfolios are alike, so we skip the models and build each one to fit. The method underneath stays the same, every time.
Discovery
We start with your objectives, liabilities, liquidity needs, time horizon, and constraints. No model portfolio pulled off a shelf.
Investment Policy Statement
The blueprint. Roles, goals, benchmarks, allocation guidelines, and restrictions, written down and governing everything after it.
Asset Allocation
The mix across public and private that drives most of the return, sized to what you actually need rather than what's easy to sell.
Manager Selection
High-conviction picks from a screened universe, chosen on a repeatable process and the numbers. Not on a name or a good pitch.
Portfolio Construction
We assemble the managers and exposures into one coherent book, size the illiquidity on purpose, and keep the risks legible.
Risk Management & Monitoring
Ongoing oversight against the policy statement, disciplined rebalancing, and reporting that tells you the truth, on schedule.
Six Things We Believe
None of these are new. That's the point. The edge here isn't a secret. It's the discipline to hold the boring, right answers when the market gets loud.
Allocation Decides Most of It
The mix of assets drives most of what a portfolio returns over time, far more than any single clever pick. So we get the mix right first, before anything else.
Active Only Where It Earns Its Fee
Where markets are efficient, we index and keep the fee. We pay up for active management only where real skill, access, or structure can add value. Most of the time it can't.
Risk Is Permanent Loss, Not Volatility
A price that moves isn't the risk; it's the cost of admission. The real risks are quieter: capital impaired for good, inflation eating it a little each year, a plan abandoned at the bottom.
Build for Uncertainty, Not Forecasts
We don't bet the portfolio on a view of next year. We build it to survive whatever actually shows up, because the forecast tends to be wrong right when it counts.
Judged by What You Keep
What matters is what you keep after fees, after taxes, after the frictions nobody quotes you going in. The headline number and the money that lands in your account are rarely the same.
Diversification Requires Access
Real diversification means reaching return streams most portfolios can't touch. More tickers of the same market won't get you there, and that gap is why we run a private arm.
Public and Private, One Book
Every portfolio needs both. Assets you can sell on a Tuesday, and assets you're paid to lock away. We run each with the same discipline and size them to what you actually need.
Public Markets
The liquid core. Global equities and fixed income, indexed where markets are efficient and active only where it pays. This is the ballast: liquidity, transparency, and money you can reach without notice.
Private Capital
The illiquidity premium, and our in-house arm: venture, private equity, private credit, and real assets, sourced and underwritten directly. Longer lockups, higher potential return, and access that used to be reserved for institutions. It's a separate thing from Global Wealth, our client-facing wealth platform.
“It requires a great deal of boldness and a great deal of caution to make a great fortune; and when you have got it, it requires ten times as much wit to keep it.”
Delegate the Portfolio. Keep the Plan.
We act as the outsourced chief investment office for a small group of families, foundations, and institutions. Tell us what you're stewarding.
Investment advisory and OCIO services are offered through Mavros Capital Management LLC, a registered investment adviser. Investing involves risk, including possible loss of principal. Private-market investments are speculative, illiquid, and available only to eligible investors. The third-generation figure is a widely-cited estimate from long-run studies of family wealth and is illustrative. This is not an offer to sell or a solicitation to buy any security. See our disclosures.