Bessemer Investment Management LLC

Bessemer Investment Management LLC, established in 2001, is a subsidiary of Bessemer Trust Company, N.A., overseeing approximately $259 billion in assets as of December 31, 2024. The firm acts as a discretionary investment adviser to Old Westbury Funds, Inc., offering both discretionary and non-discretionary advisory services. For discretionary accounts, Bessemer charges an annual fee based on a percentage of net assets managed. Clients may also incur additional charges from custodians, brokers, and mutual funds. The firm's investment strategies involve fundamental and quantitative research, focusing on expected earnings growth, valuation, and risk management. Bessemer offers various investment strategies, including All Cap Core, Large Cap Strategies, Credit Income, and Fixed Income. The firm may invest in a range of securities, including U.S. and non-U.S. companies, debt instruments, municipal securities, and exchange-traded funds. Bessemer does not charge performance-based fees and provides advisory services to investment companies and banking institutions. The firm has a Code of Ethics in place to address potential conflicts of interest and a Proxy Committee to oversee proxy voting decisions. Bessemer does not receive compensation for client referrals and has no disciplinary information to report. The firm's financial condition is stable, with no indications of financial impairment or bankruptcy.