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Brown University · Founded 2009

Brown's Leading Undergraduate Investment Fund

Overview

The Brown Socially Responsible Investment Fund is a student-run organization where members conduct original research and manage a real portfolio of over $350,000 with ESG considerations in mind. We exist to develop great investors, open doors to the careers they're pursuing, and build a long-lasting community.

$350,000+
Under Management
01
2009
Founded
02
500+
Members
03
Where Our Members Work
Goldman Sachs
J.P. Morgan
Morgan Stanley
Bank of America
Barclays
Citi
RBC Capital Markets
Wells Fargo
UBS
Evercore
Centerview Partners
Qatalyst Partners
Lazard
Perella Weinberg
Moelis & Company
Guggenheim
Blackstone
KKR
Apollo
Ares
Alpine Investors
Carlyle
Warburg Pincus
Bain Capital
EQT
CVC
Sixth Street
Brookfield
Bridgewater Associates
Point72
Coatue
BlackRock
Fidelity Investments
Putnam Investments
Ruane Cunniff
Susquehanna
PGIM
McKinsey & Company
Bain & Company
Boston Consulting Group
Accenture
Microsoft
Goldman Sachs
J.P. Morgan
Morgan Stanley
Bank of America
Barclays
Citi
RBC Capital Markets
Wells Fargo
UBS
Evercore
Centerview Partners
Qatalyst Partners
Lazard
Perella Weinberg
Moelis & Company
Guggenheim
Blackstone
KKR
Apollo
Ares
Alpine Investors
Carlyle
Warburg Pincus
Bain Capital
EQT
CVC
Sixth Street
Brookfield
Bridgewater Associates
Point72
Coatue
BlackRock
Fidelity Investments
Putnam Investments
Ruane Cunniff
Susquehanna
PGIM
McKinsey & Company
Bain & Company
Boston Consulting Group
Accenture
Microsoft

About

Who We Are

SRIF is one of the largest student run ESG focused funds in America. We manage the portfolio to make attractive and socially responsible returns on behalf of the Brown endowment.

We also serve the student body through education, community and support.

Our Core Commitments
01
Learn It Here

No analyst is expected to arrive with a strong finance background, and teaching them the skills is our job.

02
Real Work

The best way to learn investing is to carry responsibility for a real portfolio.

03
Collaboration

We work together on everything, holding each other to a high standard while staying generous about it.

04
Buying In

Every member and every board member gives their time to help others get to the career they want.

Photo 08The club together, a full group shot or a wide room shot · landscape

What We Do

Investment Education

01

Every member learns how to invest in the New Analyst Program. Analysts meet with the board and their cohort each week and cover their own stocks.

Strong work gets published and can enter the portfolio. Members then become associates who run the club's pitches, and the path into leadership opens up from there.

Recruiting Support

02

Members are mentored by students who have already been through recruiting. We run consistent skill sessions and interview prep throughout the year, so nobody is working it out alone.

Alumni events and the finance trip put members in front of the people who hire. The club also opens doors to opportunities that are not otherwise available to students.

Community

03

Analysts move through the program as a cohort and come out of it friends. The club stays a community of curious and supportive people who want each other to do well.

Socials and events run all year, such as last year's trip to Topgolf. Members stay connected after graduation and many go on to work with each other.

How We Invest

We are fundamental investors. We look for great businesses with real competitive advantages where we also have a variant view and a clear thesis.

Every position also has to clear an environmental, social and governance screen. We believe that a business which solves a socially beneficial problem and uses its power responsibly is the better long term investment.

Six sector teams and their new analysts cover the existing portfolio and any potential additions. This ensures that our money is always in our best ideas and that each thesis is playing out as planned.

We identify the key debates around a stock and find where we disagree with the market. Primary and secondary research back the view up and we quantify the difference.

A sector team that wants to buy or sell presents in full to every member and then takes questions from the floor.

A new name has to clear a higher bar than the names already in the book. If the room is not more confident in it than in the position it would displace, it does not get in.

Portfolio managers monitor sector, factor and theme exposure so the book never carries more risk than we intend.

Placements

Carlyle
Warburg Pincus
Bain Capital
EQT
CVC
Sixth Street
Brookfield
Bridgewater Associates
Point72
Coatue
BlackRock
Fidelity Investments
Putnam Investments
Ruane Cunniff
Susquehanna
PGIM
McKinsey & Company
Bain & Company
Boston Consulting Group
Accenture
Microsoft
Goldman Sachs
J.P. Morgan
Morgan Stanley
Bank of America
Barclays
Citi
RBC Capital Markets
Wells Fargo
UBS
Evercore
Centerview Partners
Qatalyst Partners
Lazard
Perella Weinberg
Moelis & Company
Guggenheim
Blackstone
KKR
Apollo
Ares
Alpine Investors
Carlyle
Warburg Pincus
Bain Capital
EQT
CVC
Sixth Street
Brookfield
Bridgewater Associates
Point72
Coatue
BlackRock
Fidelity Investments
Putnam Investments
Ruane Cunniff
Susquehanna
PGIM
McKinsey & Company
Bain & Company
Boston Consulting Group
Accenture
Microsoft
Goldman Sachs
J.P. Morgan
Morgan Stanley
Bank of America
Barclays
Citi
RBC Capital Markets
Wells Fargo
UBS
Evercore
Centerview Partners
Qatalyst Partners
Lazard
Perella Weinberg
Moelis & Company
Guggenheim
Blackstone
KKR
Apollo
Ares
Alpine Investors
Employers

Select Firm Placements

Goldman Sachs
J.P. Morgan
Morgan Stanley
Bank of America
Barclays
Citi
RBC Capital Markets
Wells Fargo
UBS
Evercore
Centerview Partners
Qatalyst Partners
Lazard
Perella Weinberg
Moelis & Company
Guggenheim
Blackstone
KKR
Apollo
Ares
Alpine Investors
Carlyle
Warburg Pincus
Bain Capital
EQT
CVC
Sixth Street
Brookfield
Bridgewater Associates
Point72
Coatue
BlackRock
Fidelity Investments
Putnam Investments
Ruane Cunniff
Susquehanna
PGIM
McKinsey & Company
Bain & Company
Boston Consulting Group
Accenture
Microsoft
Just Last Year, Members Went To
Centerview Partners
KKR
Lazard
Evercore
Morgan Stanley
Ardea Partners
And Many More
Annual

The Finance Trip

Every fall we run a multiday trip to New York and take a cohort through ten or more firms. Goldman Sachs, Centerview Partners, Evercore, Lazard and Morgan Stanley have all hosted us.

Members meet analysts and recruiters at every stop and get a real look at how each firm works. The trip is fully funded by the UFB and open to any student at Brown, not only our own members. Applications go out later in the semester.

Firms Visited10+
Cohort30 Students
CostFully Funded

Portfolio

+9.5%
Return, Year to Date
Through July 31, 2026
01
+22.8%
Return, One Year
S&P 500 +13.3%
02
+13.9%
Return, Three Year
Annualized · S&P 500 +11.5%
03
+9.7%
Since Inception
Annualized · cumulative +359.6%
04
Positions25
Sectors9
BenchmarkS&P 500
Under Management$350,000+
InceptionOctober 2009

All figures as of July 31, 2026. The benchmark is the S&P 500 on a total return basis. Past performance is not indicative of future results.

Holdings

Current Positions

CompanyTickerSectorWeight
01Applied MaterialsAMATInformation Technology5.6%
02Clearway EnergyCWENUtilities5.6%
03LennarLENConsumer Discretionary5.6%
04Keysight TechnologiesKEYSInformation Technology5.5%
05Comfort Systems USAFIXIndustrials5.4%
06AdobeADBEInformation Technology4.8%
07AlbemarleALBMaterials4.8%
08IncyteINCYHealth Care4.8%
09StarbucksSBUXConsumer Discretionary4.8%
10Quanta ServicesPWRIndustrials4.7%
11American TowerAMTReal Estate4.0%
12First SolarFSLRInformation Technology4.0%
13StrykerSYKHealth Care4.0%
14Waste ManagementWMIndustrials4.0%
15EquinixEQIXReal Estate3.9%
16Bank of AmericaBACFinancials3.2%
17UnileverULConsumer Staples3.2%
18West Pharmaceutical ServicesWSTHealth Care3.2%
19Home DepotHDConsumer Discretionary3.1%
20MicrosoftMSFTInformation Technology3.1%
21Brookfield CorporationBNFinancials2.4%
22SalesforceCRMInformation Technology2.4%
23DanaherDHRHealth Care2.4%
24Edwards LifesciencesEWHealth Care2.4%
25NVIDIANVDAInformation Technology2.4%
Sizing

Conviction Tiers

Tier 1 · Highest Conviction
5 Positions · 27.7% of the Portfolio
27.7%
FIX5.4%LEN5.6%CWEN5.6%AMAT5.6%KEYS5.5%
Tier 2 · High Conviction
5 Positions · 23.9% of the Portfolio
23.9%
INCY4.8%PWR4.7%ADBE4.8%ALB4.8%SBUX4.8%
Tier 3 · Core
5 Positions · 19.9% of the Portfolio
19.9%
FSLR4.0%SYK4.0%WM4.0%AMT4.0%EQIX3.9%
Tier 4 · Moderate
5 Positions · 15.8% of the Portfolio
15.8%
MSFT3.1%BAC3.2%UL3.2%WST3.2%HD3.1%
Tier 5 · Watchlist
5 Positions · 12.0% of the Portfolio
12.0%
NVDA2.4%CRM2.4%DHR2.4%EW2.4%BN2.4%
Breakdown

Allocation and Performance

Portfolio Allocation by Sector
Share of Portfolio, July 31, 2026
Returns Against the Benchmark
Three Year and Since Inception Are Annualized
Publications

Research and Investor Letters

Member research, pitch memos and the fund's letters to the Investment Office will be published here.

Coming Soon

Team

Co-Presidents

Russell Chiu
Russell Chiu
Class of 2027
Josh Kavel
Josh Kavel
Class of 2028

Senior Advisors

Nick Kanefield
Nick Kanefield
Class of 2027
Vivian Chiu
Vivian Chiu
Class of 2027
Amy Mao
Amy Mao
Class of 2027

Portfolio Managers

To Be Announced
To Be Announced

Education & Recruiting

Aiden Howe
Class of 2028
Ryan Lalani
Class of 2028

Sector Heads

Nick Prior
Industrials
Aung Swan Oo
Industrials
Harshmit Verman
Consumer & Retail
To Be Announced
Consumer & Retail
James Peng
Technology, Media & Telecom
Eunsoo Kang
Technology, Media & Telecom
Edward Ho
Energy & Utilities
To Be Announced
Energy & Utilities
To Be Announced
Healthcare
To Be Announced
Healthcare
Howard Zhang
Financials & Real Estate
Sunny Yang
Financials & Real Estate

Apply

Application Coming Soon
Timeline

Recruitment Timeline

01
Activities Fair
Thursday, September 10
02
Info Session
September 12 at 11:30 AM · September 14 at 8:00 PM

Both sessions are in Friedman Hall 102. Please attend only one session.

03
Applications Due
Midnight on September 15
04
Interviews
September 17 and 18
05
Decisions
September 19

A social follows in the days after, where the new class confirms their spot.

Questions

FAQ

No. We will give you all the skills you need.

Curious, passionate and hardworking people who care about the success of everyone around them.

Finance and tech are the common paths, investing and banking roles especially. Wherever you want to end up, we will help you get there.

Everyone is encouraged to apply, and first-years especially. The more semesters you spend in the fund, the more you take from it.

While it is part of our mandate and we believe in it strongly, the skills we teach and the work we do apply to every career in finance.

Photo 20Friedman Hall or a full meeting room · landscape
Visit Us

Weekly Meetings

We meet Wednesdays in Friedman Hall 102, and you do not need to be a member to sit in.

Contact

Get In Touch

Reach the Board

If you are a firm, an alumnus or a Brown student, this is the place to reach us.

Or Find Us
srif@brown.edu
Wednesdays, 8 to 9 PM
Friedman Hall 102