Brown Advisory Strengthens Private Investment Advisory Platform with Glynn Capital Combination
Brown Advisory Strengthens Private Investment Advisory Platform with Glynn Capital Combination
Combination brings together Brown Advisory’s global platform with Glynn’s 50-year history* investing in technology companies
Strengthens Brown Advisory's presence in San Francisco and California through one of Silicon Valley's longest tenured emerging growth investors
SAN FRANCISCO and BALTIMORE, October 1, 2026 - Brown Advisory, an independent investment management and strategic advisory firm, today announced that Glynn Capital has joined the firm, bringing together two organizations with a shared commitment to long-term investing, independent thinking and client partnership.
Glynn Capital is a San Francisco- and Menlo Park-based investment firm with more than 50 years of experience investing in technology companies. The firm has deep relationships across the venture and growth equity ecosystem and invests in companies at the emerging growth stage.
The combination builds on a long-standing relationship between the two firms and Brown Advisory's long-term commitment to investing in private markets. It also follows other combinations with distinctive investment firms, including NextGen Venture Partners, RockCreek and Marylebone Partners. Brown Advisory has been an investor in Glynn funds since 2014 and has had a direct view of Glynn's team, investment process and culture for more than a decade. The combination further strengthens Brown Advisory's presence in San Francisco and the firm's capabilities in one of the world's leading innovation ecosystems.
Glynn will expand Brown Advisory’s Private Investment Advisory platform by deepening the firm’s emerging growth investment capability and broadening the range of relevant and compelling solutions Brown Advisory can provide to clients over time. Glynn’s technology expertise is also expected to strengthen Brown Advisory’s broader research platform, adding depth and connectivity across private and public markets. As part of the combination, 9 additional investment colleagues will join Brown Advisory. The Glynn investment team, strategy, investment process and day-to-day decision-making will remain in place.
The combination is intended to support Glynn’s continued long-term growth while expanding Brown Advisory’s private investment capabilities for clients.
Jacob Hodes, Head of Private Investment Advisory at Brown Advisory, said: “We have known the Glynn team for more than a decade as investors in their funds, and that experience has given us a deep appreciation for their people, process and judgment. Glynn brings a highly specialized emerging growth capability, built over many cycles in one of the world’s most important innovation ecosystems. As part of Brown Advisory, that expertise will strengthen our Private Investment Advisory platform and enhance the range of differentiated opportunities we can bring to clients over time, while preserving the investment discipline and culture that have made Glynn distinctive.”
David Glynn, Managing Partner of Glynn Capital, said: “Brown Advisory has been a long-standing investor and partner, and they know our team, process and values because they have seen them in practice over many years. This combination gives Glynn the resources, reach and institutional support to continue building the platform for the long term, while preserving the investment approach and culture that our investors and portfolio companies know well. Our team remains intact, our strategy is unchanged, and our focus remains on identifying and supporting exceptional emerging growth companies.”
Consistent with Brown Advisory’s ownership and philosophy, all Glynn colleagues will become Brown Advisory colleagues and receive an equity stake in the firm. The firms expect clients, investors and portfolio companies to experience continuity in the people, process and relationships they know today.
Terms of the transaction were not disclosed.
About Brown Advisory
Brown Advisory is an independent investment management and strategic advisory firm focused on providing clients with investment performance, strategic advice and a high level of service. The firm has been private and independent since 1998. Today, Brown Advisory has more than 1,000 colleagues, each with an equity interest, serving private and institutional clients in around 50 countries from 22 offices globally. As of August 31, 2026, the firm was responsible for approximately $192.4 billion in assets for private and institutional clients, including nonprofit organizations, endowments and foundations.
About Glynn Capital
Glynn Capital is a technology-focused investment firm founded in 1974* and headquartered in San Francisco and Menlo Park, California. As of June 30, 2026, the firm manages approximately $1.4 billion across emerging growth, public equity and hybrid private/public strategies. Glynn invests in emerging growth technology companies, including private companies that have shown early signs of product-market fit and public companies operating in large, high-growth markets where durable technological trends can support long-term compounding. The firm has built deep relationships with founders, operators and venture investors across multiple technology cycles.
*The 50-year history includes investments made from 1974 to 1983 by Lamoreaux, Glynn & Associates, which John Glynn co-founded with Philip Lamoreaux. Glynn Capital was established in 1983.