About Hidden Brook
Hidden Brook Investments works with a select number of clients, seeking to employ the best investment frameworks and practices learned over two decades of experience allocating capital to managers. The firm is focused on compounding capital for the long-term and marrying investment excellence with business sufficiency.
In addition to serving as the Chief Investment Officer of a single-family office, Hidden Brook currently advises five asset management firms.
Past projects included partnering with a single family office to identify and implement investments in micro private equity managers and consulting to a large Canadian pension plan about the development of a business plan and investment strategy for an internal multi-manager, market neutral hedge fund.
Ted Seides, CFA, is the son of a teacher and a psychiatrist. Perhaps by genetic disposition, he is passionate about sharing his insights and investing in people.
In 2017, Ted launched the Capital Allocators podcast, a series of conversations with leaders in money management about the people and process behind capital allocation.
In 2016, he created Hidden Brook Investments, LLC, an asset manager that seeks to employ the best investment frameworks and practices he has learned to compound capital for the long-term on behalf of a select number of clients. The firm is focused on compounding capital for the long-term and marrying investment excellence with business sufficiency.
In this capacity, Ted serves as the Chief Investment Officer of Perch Bay Group, a single-family office whose holdings include two asset management companies, an industrial company, and private venture investments. Ted manages a tax-efficient, multi-asset class portfolio around these assets, blending diversification, equity orientation, cost consciousness, and best of breed active managers.
He also serves as an Advisor to a handful of asset managers, including Board of Directors of Stansberry Asset Management, Special Advisor to Sunderland Capital Partners, Director of Condire Resource Offshore Partners, Board of Advisors of Blueprint Capital Management, and Board of Advisors of The Imprint Group.
From 2002 to 2015, Ted was a founder of Protégé Partners LLC and served as President and Co-Chief Investment Officer. Protégé was a leading multi-billion dollar alternative investment firm that invested in established small and select emerging hedge funds on an arms-length and seed basis. Ted built the firm’s investment process and managed the sourcing, research, and due diligence of its portfolios. In 2010, Larry Kochard and Cathleen Ritterheiser profiled Ted in the book “Top Hedge Fund Investors: Stories, Strategies, and Advice.”
Ted began his career in 1992 under the tutelage of David Swensen at the Yale University Investments Office. During his five years at Yale, Ted focused on external public equity managers and internal fixed-income portfolio management. Following business school, he spent two years investing directly at Stonebridge Partners and J.H. Whitney & Company.
With aspirations to demonstrate the salutary benefits of hedge funds on institutional portfolios to a broad audience, Ted made a non-profitable wager with Warren Buffett that pitted the 10-year performance of the S&P 500 against a selection of five hedge fund of funds from 2008-2017.
Ted writes the Capital Calls column for Institutional Investor, and wrote a blog for the CFA Institute’s Enterprising Investor, guest columns for the late Peter L. Bernstein’s “Economics and Portfolio Strategy” and two case studies for Harvard Business School Publishing. Ted’s first book, So You Want to Start a Hedge Fund: Lessons for Managers and Allocators (Wiley) published in February 2016.
Ted is a Trustee and member of the investment committee at the Wenner-Gren Foundation and is a Decade Rider for Cycle for Survival. He previously served as a Trustee and head of the Programming Committee for the Greenwich Roundtable and as a Board member of Citizen Schools-New York.
Ted holds a BA in economics and political science, Cum Laude, from Yale University and an MBA with first-year honors from Harvard Business School.