Longford Capital benefits from the experience of leaders in investment management
and business.

Limited Partner Advisory Committee

John A. Beirne

John A. Beirne, Jr.

Mr. Beirne founded Beirne Wealth Consulting Services, LLC (BWC) in 2012. BWC is a privately-owned investment management firm with offices in Connecticut, Pennsylvania, and Florida, that provides independent wealth management services and innovative financial strategies to public and private pension plans, endowments, hospitals, foundations, and 401 (k) plans. BWC is a partner-firm of Focus Financial Partners, a leading partnership of independent wealth management firms. Focus provides access to best practices, resources, and planning for its partner firms that service individuals, families, employers, and institutions with wealth management, benefit, and investment consulting services. Prior to founding BWC, Mr. Beirne served as an investment manager with Merrill Lynch for 46 years.

 

Michael D. Bills

Michael D. Bills

Mr. Bills is the Founder and Chief Investment Officer of Bluestem Asset Management, LLC. Bluestem is a privately-owned investment management company based in Charlottesville, Virginia. Mr. Bills currently serves on the Board of Trustees of the Environmental Defense Fund, as well as the Advisory Board of Lone Pine Capital. He was the Founder and Chairman of Charlottesville Tomorrow, Co-founder of the Sorensen Institute of Political Leadership, former chairman of the Virginia chapter of the Nature Conservancy, served on the Advisory Board of the High Vista Endowment Fund, and was Trustee of the Tiger Foundation. He has served on the Boards of Directors for Janus Capital Group, Intergraph Corporation, XTRA corporation, and India Magnum Fund. Mr. Bills previously served as the Chief Investment Officer at the University of Virginia Investment Management Company, which invests the endowment and other long-term funds held by the University and its related foundations. Mr. Bills served as Senior Managing Director of Tiger Management, LLC from 1986-1991 and 1995-1999. Prior to his work at Tiger, Mr. Bills was Vice President of the Equity Trading and Arbitrage Division of Goldman, Sachs & Co.

 

T. Bondurant French

T. Bondurant French

Mr. French is responsible for the management of Adams Street Partners. He is Chairman of the Adams Street Partners Board of Directors, and the Executive Committee, and is a member of the Adams Street Partners Operating Committee. Adams Street is a diversified private equity firm focused on private markets investment management and manages over $30 billion of assets from nine locations around the world, with investments across more than 30 nations. Adams Street investors include more than 350 corporate and public pension plans, endowments, foundations, and other institutional investors. Mr. French is sought out by private equity firms, consultants, and investors for advice and recommendations on a variety of private equity topics. He has been a guest lecturer to business schools, Wall Street firms, private equity conferences, and industry trade associations about various investment topics and strategies. He was a member of the CFA Institute Committee, which made recommendations concerning standards for reporting performance in private equity. Mr. French was also a contributor to the ICFA’s first book on the subject of private market investments, Investing in Venture Capital (1988). Mr. French is a Trustee of Northwestern University, serves as the Chairman of the Investment Committee for Northwestern University, and is a member of the Kellogg Graduate School of Management Dean’s Executive Advisory Committee.

 

Edward M. Liddy

Edward M. Liddy

In 1972, Mr. Liddy began his career as a financial analyst with Ford Motor Company. In 1979, Mr. Liddy joined G.D. Searle & Co., and rose to the position of Chief Financial Officer. In 1988, Mr. Liddy joined Sears and served in several senior positions, including Chief Financial Officer. In 1993, Mr. Liddy coordinated the initial public offerings of Dean Witter/Discover and Allstate, two of the largest IPOs ever done at that time. After the IPO of Allstate, Mr. Liddy held several senior positions of increasing responsibility with The Allstate Corporation. He served as Chairman from 1999 until 2008. He was President and Chief Operating Officer from 1994 to 1998 and Chief Executive Officer from 1999 through 2006. During Mr. Liddy’s tenure as President and CEO, Allstate’s market value more than tripled, from $11 billion (1994) to over $40 billion (2006). From 2003 to 2008, Mr. Liddy served on the Board of Directors of The Goldman Sachs Group, Inc. In September 2008, in the midst of the financial crisis, at the request of the Secretary of the U.S. Department of the Treasury, Mr. Liddy accepted the role of interim Chairman and Chief Executive Officer of American International Group, Inc. (AIG). Mr. Liddy requested a salary of just $1 a year for his service. He served in the role until 2009. Mr. Liddy also previously served as a partner in the private equity firm Clayton, Dubilier & Rice, LLC. Today, Mr. Liddy is a member of the Boards of Directors of Abbott Laboratories, AbbVie, 3M Company, and The Boeing Company.

 

Jeffrey N. Vinik

Jeffrey N. Vinik

Jeff Vinik is the Owner and Chairman of the Tampa Bay Lightning of the National Hockey League and serves on the NHL Board of Governors and Executive Committee. In addition, Jeff manages various family investments, oversees the Vinik Family Foundation with his wife, Penny, and is part owner, with Cascade Investment, of Strategic Property Partners, a real estate entity undertaking a $3 billion mixed use development project to revitalize downtown Tampa. Jeff began his career in the investment management business with Fidelity Investments in 1986. From 1992-1996, Jeff ran the Fidelity Magellan Fund, the world’s largest mutual fund at the time. In 1996, he left Fidelity to establish his own firm, Vinik Asset Management, where he grew assets under management from $800 million to $10 billion. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. Jeff graduated from Duke University and earned his MBA from Harvard Business School. He has served on several non-profit boards, including United Way of Massachusetts Bay, Duke University, and the United States Figure Skating Foundation. The Viniks champion many charitable organizations with emphasis on providing support for the arts, children, and basic human needs. They established the Lightning Community Hero program in 2011, to provide funding and recognition to those improving the lives of individuals most in need. A $50,000 grant is given out at each home game to the community hero’s charity of choice. Jeff and Penny reside in Tampa and have 4 children.

© 2018 Longford Capital Management, LP. All Rights Reserved.