UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934

Filed by the Registrant x
Filed by a Party other than the Registrant o

Check the appropriate box:

OLD WESTBURY FUNDS, INC.
(Name of Registrant as Specified In Its Charter)

Payment of Filing Fee (Check the appropriate box):

OLD WESTBURY FUNDS, INC.
103 Bellevue Parkway
Wilmington, DE 19809

Old Westbury All Cap Core Fund
Old Westbury Large Cap Strategies Fund
Old Westbury Small & Mid Cap Strategies Fund
Old Westbury Total Equity Fund
Old Westbury Credit Income Fund
Old Westbury Fixed Income Fund
Old Westbury Short-Term Bond Fund
Old Westbury Municipal Bond Fund
Old Westbury California Municipal Bond Fund
Old Westbury New York Municipal Bond Fund

Dear Shareholder:

On behalf of the Board of Directors of Old Westbury Funds, Inc. (the “Corporation”), we are pleased to invite you to a special meeting of shareholders of the series of the Corporation, which are listed above (each, a “Fund” and, collectively, the “Funds”), to be held at 9:00 a.m. Eastern Time on September 10, 2026, at the offices of the Corporation located at 103 Bellevue Parkway, Wilmington, DE 19809.

As is discussed in more detail in the enclosed Proxy Statement, you are being asked to consider and vote on the following proposal, which is being recommended by the Board of Directors:

As is discussed in the accompanying Proxy Statement, the existing Directors of the Corporation and Andrew N. Schiff and Maksim Gelfer, who have been nominated by the Board to replace Alexander Ellis III, who retired, and Patrick Darcy, who recently resigned, as Directors, are proposed for election as Directors (the “Nominees”).

After reviewing the proposal, the Board of Directors of the Corporation unanimously approved the proposal to elect the Nominees and recommends approval by the Funds’ shareholders (i.e., that shareholders vote “FOR” each Nominee), as is more fully described in the accompanying Proxy Statement. You are now being asked to review the proposal and vote on it at the upcoming meeting. Please review the proposal and vote.

If you are not able to attend the meeting, please promptly complete, date, sign and return the enclosed proxy card(s) in order to avoid the expense of additional mailings or contacting you by telephone. Alternatively, you may also vote by touch-tone telephone by calling the toll-free number printed on your proxy card(s) and following the recorded instructions or via internet by visiting the website printed on your proxy card(s) and following the on-screen instructions. No matter how many shares you own, your timely vote is important.

Thank you in advance for your consideration of this important matter.

Sincerely,

OLD WESTBURY FUNDS, INC.
103 Bellevue Parkway
Wilmington, DE 19809

Old Westbury All Cap Core Fund
Old Westbury Large Cap Strategies Fund
Old Westbury Small & Mid Cap Strategies Fund
Old Westbury Total Equity Fund
Old Westbury Credit Income Fund
Old Westbury Fixed Income Fund
Old Westbury Short-Term Bond Fund
Old Westbury Municipal Bond Fund
Old Westbury California Municipal Bond Fund
Old Westbury New York Municipal Bond Fund
(each, a “Fund” and, collectively, the “Funds”)

NOTICE OF SPECIAL MEETING OF
SHAREHOLDERS TO BE HELD ON September 10, 2026

To the Shareholders of the Funds:

Notice is hereby given that a Special Meeting of Shareholders (including any postponements or adjournments thereof, the “Meeting”) of the Funds, which are the series of Old Westbury Funds, Inc. (the “Corporation”), will be held at 9:00 a.m. Eastern Time on September 10, 2026, at the offices of the Corporation located at 103 Bellevue Parkway, Wilmington, DE 19809, for the following purposes:

After reviewing the Proposal, the Board of Directors of the Corporation unanimously approved the proposal to elect the existing Directors of the Corporation and Andrew N. Schiff and Maksim Gelfer who have been nominated by the Board to replace Alexander Ellis III, who retired, and Patrick Darcy, who recently resigned, as Directors, and recommends approval by the Funds’ shareholders (i.e., that shareholders vote “FOR” each Nominee), as is more fully described in the accompanying Proxy Statement. You are now being asked to review the Proposal and vote on it at the Meeting. Please review the Proposal and vote.

Shareholders of record of the Funds as of the close of business on July 21, 2026 are entitled to notice of, and to vote at, the Meeting.

If you are not able to attend the Meeting, please promptly complete, date, sign and return the enclosed proxy card(s) in order to avoid the expense of additional mailings or contacting you by telephone. Alternatively, you may also vote by touch-tone telephone by calling the toll-free number printed on your proxy card(s) and following the recorded instructions or via internet by visiting the website printed on your proxy card(s) and following the on-screen instructions. No matter how many shares you own, your timely vote is important.

Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to be held on September 10, 2026: This Notice of Special Meeting of Shareholders, the Proxy Statement and the form of proxy cards are available on the Internet at www.proxyvote.com.

August 13, 2026

By Order of the Board of Directors

YOUR VOTE IS IMPORTANT

Please respond — your vote is important no matter how many shares you own. Whether or not you plan to attend the Meeting, please promptly complete, date, sign and return the enclosed proxy card(s) in the enclosed postage-prepaid envelope. Alternatively, you may vote via telephone or the internet by following the instructions on the enclosed proxy card(s). Please vote now in order to avoid the cost of additional solicitations.

OLD WESTBURY FUNDS, INC.
103 Bellevue Parkway
Wilmington, DE 19809

Old Westbury All Cap Core Fund
Old Westbury Large Cap Strategies Fund
Old Westbury Small & Mid Cap Strategies Fund
Old Westbury Total Equity Fund
Old Westbury Credit Income Fund
Old Westbury Fixed Income Fund
Old Westbury Short-Term Bond Fund
Old Westbury Municipal Bond Fund
Old Westbury California Municipal Bond Fund
Old Westbury New York Municipal Bond Fund
(each, a “Fund” and, collectively, the “Funds”)

PROXY STATEMENT

The Board of Directors (the “Board”) of Old Westbury Funds, Inc. (the “Corporation”) is soliciting proxies from shareholders of the Funds, which are the series of the Corporation, in connection with a special meeting of shareholders of the Funds (including any postponements or adjournments thereof, the “Meeting”) to be held at 9:00 a.m. Eastern Time on September 10, 2026, at the offices of the Corporation located at 103 Bellevue Parkway, Wilmington, DE 19809. It is anticipated that the Notice of the Meeting, this Proxy Statement and the enclosed proxy card(s) will be sent to shareholders of record of the Funds as of July 21, 2026 (the “Record Date”) beginning on or about August 20, 2026. You may obtain a copy of the Corporation’s most recent annual and semi-annual reports free of charge by calling 1-800-607-2200 or by writing to the Corporation at 103 Bellevue Parkway, Wilmington, DE 19809 or at www.oldwestburyfunds.com.

The Meeting is being called for the following purposes:

(1) To elect six Directors to the Board of Directors of the Corporation, each to hold office for an indefinite term (the “Proposal”); and

(2) To consider and act upon such other matters as may properly come before the Meeting.

Part I of this Proxy Statement contains information relating to the Proposal. The existing Directors of the Corporation and Andrew N. Schiff and Maksim Gelfer, who have been nominated by the Board to replace Alexander Ellis III, who retired, and Patrick Darcy, who recently resigned, as Directors, are proposed for election as Directors (the “Nominees”).

Part II contains additional background information about the Corporation and other matters.

Part III contains general information about the Meeting and shareholder voting.

Part IV contains certain information about the Corporation’s independent registered public accounting firm.

As of the Record Date, the number of shares of the Corporation that were issued and outstanding was 2,867,228,548.885.

Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to be held on September 10, 2026: The Notice of Special Meeting of Shareholders, this Proxy Statement and the form of proxy cards are available on the Internet at www.proxyvote.com.

I. PROPOSAL 1 – ELECT SIX DIRECTORS
(All Funds)

Overview and Related Information

Under the Investment Company Act of 1940, as amended (the “1940 Act”), board vacancies may be filled in any otherwise legal manner if immediately after filling any such vacancy at least two-thirds of the directors then holding office have been elected to such office by shareholders. Following the retirement of Alexander Ellis III and recent resignation of Patrick Darcy from the Board, the Board is presently unable to fill such vacancies without shareholder approval. Accordingly, the Board has nominated each of the existing Directors and Andrew N. Schiff and Maksim Gelfer for election as Directors by shareholders. Electing the six Nominees would give the Board additional flexibility in the future to appoint a limited number of additional new Directors, if deemed appropriate by the Board, without incurring the costs of holding further shareholder meetings.

At a meeting held on July 21, 2026, the Board, including a majority of the Directors who are not “interested persons” of the Corporation, Bessemer Investment Management LLC (“BIM” or the “Adviser”) or Bessemer Trust Company, N.A. (“Bessemer”), as that term is defined in the 1940 Act, approved the nomination of each of the Nominees for election to the Board and voted to present each Nominee to shareholders for election as Directors. Each of the Nominees has consented to serve or to continue serving as a Director. The Board currently has no reason to believe that any Nominee will become unavailable for election as a Director, but if such unavailability should occur before the Meeting, the proxies will be voted for such other individuals as the Governance and Nominating Committee of the Board (the “Governance and Nominating Committee”) and the Board may designate.

A Nominee is deemed to be “non-interested” to the extent the Nominee is not an “interested person” of the Corporation, as that term is defined in the 1940 Act. The “Non-Interested Nominees” are: Diane Durnin, Daphne H. Foster, Andrew N. Schiff and R. Keith Walton. The “Interested Nominees” are Maksim Gelfer and Michael Marquez, each an “interested person” of the Corporation. Mr. Gelfer is an “interested person” of the Corporation by virtue of Mr. Gelfer’s position as Chief Technology Officer and Managing Director at The Bessemer Group, Incorporated and its subsidiaries. Mr. Marquez is an “interested person” of the Corporation by virtue of Mr. Marquez’s positions as President — Client Advisory and Wealth Advisory of Bessemer Trust Company, N.A., President of The Bessemer Group, Incorporated, and President of Bessemer Investor Services, LLC. Mr. Marquez also serves as a Director of Bessemer Investor Services, LLC and Director of Bessemer Insurance Advisors Inc.

The Nominees would serve as Directors in accordance with the organizational documents of the Corporation. Each Director would serve for an indefinite term and until a successor is elected and qualified or until their resignation or removal or until such Director reaches the age of retirement, as set forth in the Corporation’s By-Laws (as may be amended from time to time).

The current Directors are Diane Durnin, Daphne H. Foster, Michael Marquez and R. Keith Walton. The Nominees, who are not currently Directors, are Maksim Gelfer and Andrew N. Schiff.

Information Regarding the Interested Nominees

Information Regarding the Non-Interested Nominees

Information regarding the Nominees’ beneficial ownership of shares of the Funds is included in Appendix A. Since the beginning of the Corporation’s most recently completed fiscal year, no Director or Nominee has purchased or sold any securities of the Adviser or sub-adviser to a Fund or their parents or subsidiaries.

Status of Current Directors

Each of the Nominees were previously nominated by the Governance and Nominating Committee for election by shareholders as a Director of the Corporation, with such nomination then approved by the Board. The Governance and Nominating Committee’s primary responsibilities include nominating Director candidates to the Board. The Governance and Nominating Committee’s charter is included as Appendix B.

The Nominees comprise the entire current Board and Andrew N. Schiff and Maksim Gelfer, who have been nominated by the Board to replace Alexander Ellis III, who retired, and Patrick Darcy, who recently resigned, from the Board.

Ms. Foster and Messrs. Marquez and Walton were last elected by shareholders of the Corporation in 2025. Ms. Durnin was appointed to serve as a Director of the Corporation by the then current Directors in October 2025. The Board met on six occasions during the Corporation’s fiscal year ended October 31, 2025.

The Role of the Board

The Board provides oversight of the management and operations of the Corporation. Like all mutual funds, the day-to-day responsibility for the management and operation of the Corporation is the responsibility of various service providers to the Corporation, such as the Adviser, the sub-advisers, the distributor, administrator, custodian, and transfer agent, each of whom are discussed in greater detail in the Funds’ Statement of Additional Information. The Board has appointed various senior individuals of certain of these service providers as officers of the Corporation, with responsibility for monitoring and reporting to the Board on the Corporation’s operations and affairs. In conducting this oversight, the Board or its Committees receives regular or periodic reports from its officers and service providers. For example, the Treasurer or Assistant Treasurer reports as to financial reporting matters and the President and/or other investment personnel report on the performance of the Funds. The Board has appointed a Chief Compliance Officer who administers the Corporation’s compliance program and regularly reports to the Board as to compliance matters. These reports are provided as part of formal “Board Meetings” which are typically held quarterly, and typically in person, and involve the Board’s review of recent operations. In addition, various members of the Board also may meet with management in less formal settings, between formal “Board Meetings”, to discuss various topics. In all cases, however, the role of the Board and of any individual Director is one of oversight and not of management of the day-to-day affairs of the Corporation.

Board and Leadership Structure

The Board has structured itself in a manner that it believes allows it to appropriately perform its oversight function given the particular characteristics and circumstances of the Corporation. It has established two standing committees, an Audit Committee and a Governance and Nominating Committee, which are discussed below under “Committees.” Presently, 75% of the members of the Board are Independent Directors (as defined below) and, if each of the Nominees are elected, 66% (or two-thirds) of the members of the Board would be “Independent Directors,” which are Directors that are not “interested persons” of the Adviser, the Funds’ sub-advisers, or the Funds’ principal underwriter (as that term is defined in the 1940 Act). Each of the Audit Committee and the Governance and Nominating Committee are comprised entirely of Independent Directors. The Chairman of the Board is an Independent Director. The Board has determined not to combine the Chairman position and the principal executive officer position and has appointed a Managing Director of the Adviser and Managing Director and Chief of Portfolio Management of Bessemer as the President & CEO of the Corporation. The Board reviews its structure and the structure of its Committees annually. In developing this structure, the Board has considered that substantially all shareholders of the Funds are clients of affiliates of the Adviser and that the Funds are used as investment options for such clients. The Board has also determined that the structure of the Independent Chairman, the composition of the Board, and the function and composition of its various Committees are appropriate means to address any potential conflicts of interest that may arise. The Board may at any time and in its discretion change this leadership structure.

Board Oversight of Risk Management

As part of its oversight function, the Board receives and reviews various risk management reports and assessments and discusses these matters with appropriate management and other personnel. In addition, because risk management is a broad concept comprised of many disparate elements (such as, for example, investment risk, liquidity risk, issuer and counterparty risk, compliance risk, operational risks, business continuity risks, etc.) the oversight of

different types of risks is handled in different ways. For example, the Audit Committee meets with the Treasurer and the Corporation’s independent public accounting firm to discuss the internal control structure of the Corporation’s financial reporting function. In addition to these reports, from time to time, the Board receives reports from senior officers of the Adviser and its affiliates, from the Funds’ sub-advisers, the administrator of the Corporation’s liquidity risk management program and the Corporation’s derivatives risk manager, as well as from The Bessemer Group, Incorporated’s internal audit department as to enterprise-level risks. The Board may at any time and in its discretion change how it administers its risk oversight function.

Information about Each Nominee’s Qualifications, Experience, Attributes or Skills

The charter of the Governance and Nominating Committee sets forth certain factors that the Governance and Nominating Committee may take into account in considering director candidates, including any or all of the following attributes: leadership, independence, interpersonal skills, financial acumen, business experience, industry knowledge and diversity of background or viewpoint. In considering candidates, the Board and the Governance and Nominating Committee believe that no specific qualification or characteristic is controlling or paramount, or that specific qualities or skills are necessary for each candidate to possess. The Board believes that each of the Nominees has the appropriate qualifications, experience, attributes and skills (“Director Attributes”) to render their duties as Directors of the Corporation in light of the Corporation’s business and structure. Each of the Nominees has substantial business and professional backgrounds that demonstrate their respective ability to critically review, evaluate and assess information provided to them. Examples of these business and professional experiences are set forth in the charts above. In addition, certain Nominees have served on boards of organizations other than the Corporation, as well as having served on the Board of the Corporation for the number of years shown above. They each therefore have substantial board experience and, in their service to the Corporation (if applicable), have gained substantial insight as to the operations of the Corporation. The Governance and Nominating Committee annually conducts a “self-assessment” wherein the performance of the Board and the committees of the Board is evaluated, including consideration of the effectiveness of the Board’s committee structure and the number of funds on whose board each Director serves.

In addition to the information provided in the charts above, certain additional information concerning each particular Nominee and their Director Attributes is set forth below. The information provided below, and in the chart above, is not all-inclusive. Many Director Attributes involve intangible elements, such as intelligence, work ethic, the ability to work together, the ability to communicate effectively and the ability to exercise judgment, ask incisive questions, manage people and develop solutions to problems. The Governance and Nominating Committee has determined that the Nominees have the appropriate attributes and experience to serve effectively as Directors of the Corporation.

Ms. Durnin’s Director Attributes include her knowledge and business experience as Head of Product Strategy and Development at BNY Mellon Investment Management. Ms. Durnin’s Director Attributes also include her experience serving as a director of a number of registered investment companies. Ms. Durnin serves as a member of the Audit Committee and Governance and Nominating Committee and the Board’s Compliance liaison. Ms. Durnin has been designated to serve as an “audit committee financial expert” for the Corporation based on her financial background.

Ms. Foster’s Director Attributes include her financial background as the Chief Financial Officer, Treasurer, and Treasury Manager of Global Partners LP. Ms. Foster’s Director Attributes also include her experience serving on the board of Global Partners LP. Ms. Foster serves as a member of the Audit Committee and Governance and Nominating Committee and the Board’s Pricing Committee liaison. Ms. Foster has been designated to serve as an “audit committee financial expert” for the Corporation based on her financial background.

Mr. Gelfer’s Director Attributes include his knowledge and executive experience, resulting from his senior position as Chief Technology Officer and Managing Director at The Bessemer Group, Incorporated (“BGI”) and its subsidiaries, and his prior experience as North America Chief Technology Officer and Executive Vice President of Chubb Limited. Mr. Gelfer is able to impart to the Board key information relating to the information technology operations and initiatives at BGI and its subsidiaries. The Board believes that this information is valuable in its oversight of the Corporation.

Mr. Marquez’s Director Attributes include his knowledge and executive experience, resulting from his senior position as President — Client Advisory and Wealth Advisory of Bessemer Trust Company, N.A., President of The Bessemer Group, Incorporated, and President of Bessemer Investor Services, LLC. His Director Attributes also include his experience serving as a Director of Bessemer Investor Services, LLC and Bessemer Insurance Advisors Inc. Mr. Marquez is able to impart to the Board key information relating to the clients, products, operations, personnel, and financial resources of Bessemer and its affiliates. The Board believes that this information is valuable in its oversight of the Corporation.

Mr. Schiff’s Director Attributes include his investment and governance knowledge resulting from his position as Managing Partner of Aisling Capital and service on boards of various companies. Mr. Schiff has been appointed to serve as a member of the Audit Committee and Governance and Nominating Committee upon his election. Mr. Schiff has been designated to serve as an “audit committee financial expert” for the Corporation based on his financial background.

Mr. Walton’s Director Attributes include knowledge and business experience resulting from his positions as Vice President of Arizona State University and Alcoa. His Director Attributes also include his experience serving as a director of a number of registered investment companies. Mr. Walton serves as Chair of the Board as well as Chair of the Audit Committee and the Governance and Nominating Committee. Mr. Walton has been designated to serve as an “audit committee financial expert” for the Corporation based on his financial background.

References to the experience, qualifications, attributes and skills of Directors/Nominees do not constitute holding out of the Board or any Director/Nominee as having special expertise and shall not impose any greater responsibility or liability on any such person or on the Board by reason thereof.

Committees

The Board has an Audit Committee, consisting of Mr. Walton and Mses. Durnin and Foster. If elected, Mr. Schiff would also be a member of the Audit Committee. The Board has adopted a written charter for the Audit Committee. Each member of the Audit Committee is not an “interested person,” as that term is defined in the 1940 Act, of the Corporation. As set forth in its charter, the primary duties of the Audit Committee are: (1) to be directly responsible for the appointment, compensation, retention and oversight of the Corporation’s independent registered public accounting firm; (2) to meet with the Corporation’s independent auditors as necessary; (3) to consider the effect upon each Fund of any changes in accounting principles or practices proposed by the Adviser or the auditors; (4) to review the fees charged by the auditors for audit and non-audit services; (5) to investigate improprieties or suspected improprieties in a Fund’s financial and accounting operations; and (6) to report its activities to the full Board on a regular basis and to make such recommendations with respect to the above and other matters as the Audit Committee may deem necessary or appropriate. The Audit Committee met three times during the fiscal year ended October 31, 2025.

The Board has a Governance and Nominating Committee, consisting of Mr. Walton and Mses. Durnin and Foster. If elected, Mr. Schiff would also be a member of the Governance and Nominating Committee. The Board has adopted a written charter for the Governance and Nominating Committee. Each member of the Governance and Nominating Committee is not an “interested person,” as that term is defined in the 1940 Act, of the Corporation. The Governance and Nominating Committee’s primary responsibilities are to nominate Director candidates to the Board, to oversee the governance, structure and compensation of the Board, Directors, and committee chairs and members, and to monitor the selection and performance of the Corporation’s Chief Compliance Officer and to review and approve the compensation of the Chief Compliance Officer and recommend the same to the Board for approval. The Governance and Nominating Committee may consider nominees from shareholders when nominating Director candidates. The Governance and Nominating Committee met three times during the fiscal year ended October 31, 2025.

Procedures for Communications to the Board

Shareholders who want to communicate with the Board or an individual Director should send written communications addressed to the Board of Directors of the Corporation or the individual Director c/o the Corporation’s Secretary, Nicola R. Knight, at Bessemer Investment Management LLC, 1271 Avenue of the Americas,

New York, NY 10020. The Secretary of the Corporation may determine not to forward to the Board or individual Director any letter that does not relate to the business of a Fund.

Procedures for Shareholder Nominee Recommendation

The Governance and Nominating Committee is not required to consider Board candidate nominations recommended by shareholders (acting solely in their capacity as a shareholder and not in any other capacity), although the Governance and Nominating Committee may consider any such nomination if the Governance and Nominating Committee deems it appropriate after considering all circumstances that its members deem relevant.

To submit a recommendation for nomination as a candidate for a position on the Board, shareholders of the Funds must mail such recommendation to the Corporation’s Secretary, Nicola R. Knight, at Bessemer Investment Management LLC, 1271 Avenue of the Americas, New York, NY 10020. Such shareholder recommendations must include the following information as to each individual whom the shareholder proposes to nominate for election or reelection as a director: the name, age, business address, residence address and principal occupation or employment of such individual, the class, series, and number of shares of stock of the Corporation that are beneficially owned by such individual, the date such shares were acquired, whether the person making such nomination believed such individual is, or is not, an “interested person” of the Corporation (as defined in the 1940 Act), and information regarding such individual that is sufficient, in the discretion of the Governance and Nominating Committee, to make such determination, and all other information relating to such individual that is required to be disclosed in solicitation of proxies for election of directors in an election contest (even if an election contest is not involved) or is otherwise required, in each case pursuant to Regulation 14A (or any successor provision) under the Securities Exchange Act of 1934, as amended, and the rules thereunder (including such individual’s written consent to being named in the proxy statement as a nominee and to serving as a director (if elected)). In order for any nomination to be properly brought before an annual or special meeting by a shareholder, the shareholder must have given timely notice thereof in writing to the secretary of the Corporation. To be timely, a shareholder’s notice shall set forth all information as specified in the Corporation’s By-Laws and shall be delivered to the Corporation’s Secretary at the principal executive office of the Corporation at a reasonable time before the Corporation begins to print and mail its proxy statement.

Remuneration for Directors and Officers

Information about total Directors’ fees paid by the Funds to the then current Directors for the fiscal year ended October 31, 2025, is included in Appendix C to this Proxy Statement. The Interested Directors did not receive any compensation from the Funds and the Interested Nominees, if elected, will not receive any compensation from the Funds.

Required Vote and Recommendation

The election of Directors requires the affirmative vote of a plurality of all the votes cast by shareholders present in-person or by proxy and entitled to vote on such action at a meeting of shareholders at which a quorum of the Corporation is present. The Proposal applies on a Corporation-wide basis, and all of the Funds will vote together on such proposal. The election of each Nominee is not contingent on the election of any other Nominees.

THE BOARD UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS OF ALL FUNDS VOTE FOR THE ELECTION OF EACH NOMINEE.

II. INFORMATION ABOUT THE CORPORATION

This section provides certain information about the Corporation, including information about the Adviser, the distributor, administrator, and the identity of persons holding more than 5% of the outstanding shares of any Fund.

The Corporation is an open-end, management investment company that was established under the laws of the State of Maryland on August 26, 1993. The Corporation currently offers ten portfolios or funds. The address of the Corporation’s principal executive office is 103 Bellevue Parkway, Wilmington, DE 19809.

Officers of the Corporation

The following table provides information about the officers of the Corporation.

Current Service Providers

Investment Adviser. BIM serves as investment adviser to each Fund and is a wholly-owned subsidiary of Bessemer. The Adviser is located at 1271 Avenue of the Americas, New York, New York 10020.

Distributor. Foreside Funds Distributors LLC, located at 3 Canal Plaza, Suite 100, Portland, Maine 04101, serves as the Funds’ Distributor.

Administrator. BNY Mellon Investment Servicing (US) Inc., located at 103 Bellevue Parkway, Wilmington, Delaware 19809, serves as the Funds’ Administrator.

Significant Shareholders

As of the Record Date, the Nominees and officers of the Corporation, individually and as a group, owned less than 1% of the outstanding shares of each Fund.

The persons listed in the table below are deemed to be control persons or principal owners of the Funds, as defined in the 1940 Act. Control persons own of record or beneficially 25% or more of a Fund’s outstanding voting securities and are presumed to control a Fund for purposes of voting on matters submitted to a vote of shareholders. The effect of such control may be to reduce the ability of other shareholders of the Funds to take actions requiring the affirmative vote of holders of a plurality or majority of a Fund’s shares without the approval of the controlling shareholder. Principal holders own of record or beneficially 5% or more of a Fund’s outstanding voting securities.

As of July 21, 2026, and as set forth below, NAIDOT & Co., acting in various capacities for numerous accounts, was the owner of record of 5% or more of a Fund’s outstanding shares:

III. VOTING INFORMATION

Record Date, Quorum and Methods of Tabulation

Shareholders of record at the close of business on July 21, 2026 (the Record Date) are entitled to notice of, and to vote at, the Meeting. Information regarding the number of shares of each Fund that were issued and outstanding as of the Record Date is included in Appendix D to this Proxy Statement.

A quorum of shareholders of the Corporation is required to take action on the Proposal. At the Meeting, the presence in person or by proxy of the holders of one-third of all the votes entitled to be cast without regard to series or class at the Meeting shall constitute a quorum for the transaction of business at the Meeting.

Each shareholder is entitled to one vote for each share he or she owns of a Fund (and a fractional vote proportionate to fractional shares), with no cumulative voting rights in the election of Directors. Shares represented by timely, duly executed proxies will be voted as you instruct. If no specification is made with respect to a particular matter on timely, duly executed proxies, shares represented thereby will be voted in accordance with the recommendation of the Board (i.e., “FOR” each Nominee). Votes cast by proxy or in person at the Meeting will be counted by persons appointed as inspectors both for the purpose of determining the presence of a quorum and for calculating the votes cast on the matters before the Meeting. Executed proxy cards marked as “withhold” votes will be treated as shares that are present for purposes of determining whether a quorum is present at the Meeting for acting on the Proposal but which have not been voted for or against the Proposal. Accordingly, “withhold” votes will have no effect on the Proposal, for which approval of each Nominee requires a plurality of votes cast.

Brokers who hold shares in street name for customers have discretionary authority to vote on “routine” proposals, such as the election of Directors, when they have not received instructions from the beneficial owners of those shares.

Adjournments

In the event that a quorum is not present for purposes of acting on a proposal, or if a quorum is present but sufficient votes in favor of a proposal are not received by the time of the Meeting, the chairman of the Meeting may adjourn the Meeting to permit further solicitation of proxies.

Solicitations of Proxies

The solicitation of proxies by mail and telephone may be made by officers and Directors of the Corporation and officers and employees of the Adviser, its affiliates and other representatives of the Corporation. The costs of preparing, printing and mailing this Proxy Statement and the cost of holding the Meeting (including the costs of any

additional solicitation and any adjourned session) will be borne by the Corporation. The Corporation has retained Broadridge Financial Services (“Broadridge”), a proxy solicitation firm, to assist the solicitation and tabulation of proxies, and Command Financial (“Command”), to assist with the printing of proxy materials. The cost of Broadridge’s and Command’s services in connection with the proxy solicitation is estimated to be approximately $16,000.

Methods of Voting

You can vote your shares by completing and signing the enclosed proxy card(s) and mailing it (them) in the enclosed postage-paid envelope. You may also vote by attending the Meeting in person and voting. In addition, you may also vote by touch-tone telephone by calling the toll-free number printed on your proxy card(s) and following the recorded instructions or via internet by visiting the website printed on your proxy card(s) and following the on-screen instructions. If your shares are held by a broker or nominees, you can arrange to vote your proxies by contacting your representative at the broker or nominee.

You may receive more than one proxy card due to multiple investments in a Fund or if you own shares of more than one Fund. Please vote each proxy card received.

Revocation of Proxies

Proxies may be revoked at any time before they are exercised. If you sign, date and submit a proxy card in respect of a Fund, you may revoke that proxy or change it by written notice received by the Secretary of the Corporation, by submitting a subsequently properly executed and dated proxy card, by authorizing your proxy by telephone or Internet at a later date, or by attending the Meeting and casting your vote in person, or as otherwise permitted. Attending the Meeting in person will not automatically revoke your prior proxy; you would need to take specific action to revoke your proxy at, or in advance of, the Meeting.

Required Vote

Election of a Nominee as Director requires the presence of a quorum of the Corporation at the Meeting and the affirmative vote of a plurality of all the votes cast at the Meeting by or on behalf of the shareholders present in-person or by proxy and entitled to vote on such action. A “plurality of all the votes cast” means that a Nominee is elected if he or she receives the highest number of affirmative (i.e., FOR) votes cast, whether or not such votes constitute a majority, up to the maximum number of Directors to be elected at the Meeting, which is six. The Proposal applies on a Corporation-wide basis, and all of the Funds will vote together on the Proposal. The election of each Nominee is not contingent on the election of any other Nominees. If any other matter may properly come before the Meeting at which a quorum is present for the purposes of such other matter, a majority of votes cast is required to approve the matter, unless a different vote is required by applicable law or by the charter of the Corporation.

Shareholder Proposals at Future Meetings

The Corporation is not required to hold annual shareholder meetings and currently does not intend to hold shareholder meetings unless shareholder action is required in accordance with the 1940 Act. The Corporation’s By-Laws contain an advance notice provision requiring that a shareholder proposal to be considered for inclusion in a proxy statement at a special meeting of shareholders must be submitted not earlier than the 120^th day prior to such special meeting and not later than 5:00 p.m., Eastern Time on the later of the 90^th day prior to such special meeting or the tenth day following the day in which public announcement is first made of the day of the special meeting and of the nominees proposed by the Board to be elected at such meeting. Any such shareholder proposals should be submitted, in writing to the Corporation’s Secretary, Nicola R. Knight, at Bessemer Investment Management LLC, 1271 Avenue of the Americas, New York, NY 10020. Whether a proposal is included in a proxy statement will be determined in accordance with applicable federal and state laws.

Other Matters

No business other than the matter described above is expected to come before the Meeting, but should any other matter requiring a vote of shareholders arise, including any questions as to an adjournment or postponement of the Meeting, the persons named in properly executed proxies have discretionary authority to vote such proxies as they shall decide.

IV. ADDITIONAL INFORMATION

Information about the Corporation’s Independent Registered Public Accounting Firm

The Audit Committee selected and the Board, including a majority of the Independent Directors, approved the selection of Ernst & Young LLP (“E&Y”), One Manhattan West, New York, New York 10001, as the independent registered public accounting firm for the Corporation. Representatives of E&Y are not expected to be present at the Meeting, but have been given the opportunity to make a statement if they desire to do so and will be available should any matter arise requiring their presence.

Aggregate audit, audit-related, tax, and other fees billed to the Funds by the Corporation’s independent registered public accounting firm for the relevant periods are set forth on Appendix E hereto. Aggregate non-audit fees (i.e., fees for audit-related, tax, and other services) billed for the relevant periods to the Funds by the Corporation’s independent registered public accounting firm are also set forth on Appendix E hereto.

The Audit Committee has adopted policies and procedures relating to the pre-approval of services provided by the Corporation’s independent registered public accounting firm (the “Pre-Approval Policies”). The Pre-Approval Policies establish a framework intended to assist the Audit Committee in the proper discharge of its pre-approval responsibilities. As a general matter, the Pre-Approval Policies (i) specify certain types of audit, audit-related, tax, and other services determined to be pre-approved by the Audit Committee; and (ii) delineate specific procedures governing the mechanics of the pre-approval process, including the approval and monitoring of audit and non-audit service fees. Unless a service is specifically pre-approved under the Pre-Approval Policies, it must be separately pre-approved by the Audit Committee. The Pre-Approval Policies and the types of audit and non-audit services pre-approved therein are subject to review and ratification by the Corporation’s Audit Committee. The Audit Committee maintains full responsibility for the appointment, compensation, retention and oversight of the Corporation’s independent registered public accounting firm.

The Pre-Approval Policies provide that, in addition to requiring pre-approval of audit and non-audit services provided to the Corporation, the Audit Committee will pre-approve those non-audit services provided to the Corporation’s investment adviser(s) (and entities controlling, controlled by or under common control with the investment adviser that provide ongoing services to the Corporation) where the engagement relates directly to the operations or financial reporting of the Corporation. The Audit Committee did not approve any of the audit-related, tax, or other non-audit fees described above pursuant to the “de minimis exceptions” set forth in Rule 2-01(c)(7)(i)(C) and Rule 2-01(c)(7)(ii) of Regulation S-X during the Funds’ two most recent applicable fiscal years. The Audit Committee considered whether the provision of non-audit services rendered to Bessemer and any entity controlling, controlled by, or under common control with Bessemer that provides ongoing services to the Corporation under its oversight that were not pre-approved by the Audit Committee pursuant to Rule 2-01(c)(7)(ii) of Regulation S-X is compatible with maintaining E&Y’s independence.

One copy of this Proxy Statement will be mailed to shareholders sharing the same address unless the Fund has received contrary instructions from one or more of the shareholders. If you wish to receive individual copies of this Proxy Statement, please call 1-800-607-2200 or write to the Corporation at 103 Bellevue Parkway, Wilmington, DE 19809; if your shares are held through a financial institution, please contact the financial institution directly.

APPENDIX A

Beneficial Ownership By Nominees

The table below shows the dollar range of equity securities in the Funds owned beneficially by each Nominee as of July 21, 2026 stated as one of the following dollar ranges: None; $1-$10,000; $10,001-$50,000; $50,001-$100,000; or over $100,000.

APPENDIX B

OLD WESTBURY FUNDS, INC.
(the “Corporation”)

GOVERNANCE & NOMINATING COMMITTEE CHARTER

The Governance & Nominating Committee (the “Committee”) is a committee established by the Board of Directors (the “Board”) of the Corporation and shall be composed entirely of Independent Directors, Directors who are not “interested persons” of the Corporation as defined under the Investment Company Act of 1940, as amended (the “1940 Act”). Membership of the Committee shall be determined by the full Board. The Committee shall elect a Chairperson, who will preside over Committee meetings. Each member of the Committee shall serve until a successor is appointed.

Meetings of the Committee may be called by the Chairperson of the Board or the Committee or by a majority of the members of the Committee. The presence of a majority of the members shall be necessary to constitute a quorum for any meeting and a vote of the majority of the members present at a meeting in which a quorum is attained shall be required in order for the Committee to take action. The Committee shall meet at least annually. Notice of each meeting, together with the agenda and any related materials, will be sent to each member in advance of the meeting. Meetings of the Committee may be held in person, by videoconference or by teleconference. The Committee will keep minutes of its meetings, which will be submitted to the Board or the Committee for its review and maintained in the records of the Corporation. The Committee may invite management, counsel and representatives of service providers to attend meetings and provide such information to the Committee as it considers appropriate. The Committee may also take action by unanimous written consent in lieu of a meeting. Any actions normally taken by the Committee may be handled by the Board as long as a majority of the Committee members are present at such meeting; provided that for any action that requires a vote of only Independent Directors, only such Directors shall be entitled to vote.

The Committee shall provide assistance to the Board of Directors in fulfilling its responsibilities to the Corporation with respect to governance matters as well as nominating persons to serve as members of the Board of Directors. In this regard the Committee’s duties and responsibilities shall include:

Governance matters

the 1940 Act, which will evaluate the performance of the Board and the committees of the Board and which will include consideration of the effectiveness of the Board’s committee structure and the number of funds on whose board each Director serves. The Committee shall review which specific areas are to be evaluated pursuant to this assessment and the manner in which the assessment is to be conducted. The Committee shall report the findings of the assessment to the Board and assist the Board in implementing any recommended actions.

In addition, an Independent Director shall inform the Committee of any changes in their business, professional or personal situation which may potentially impact their objectivity when considering certain matters to be brought before the Board, their ability to continue to serve on the Board, or their ability to devote the necessary time and attention to Board matters. The Committee’s policy regarding such self-reporting procedures is set forth in Appendix A.

Nominating matters

Act and the Corporation’s organizational documents. Any such submission must also be submitted by such date and contain such information as may be specified in the Corporation’s By-laws. Additional information that the Committee deems, in its sole discretion, necessary to evaluate a candidate shall be provided promptly upon the Committee’s request.

The Committee will have the resources and authority appropriate to discharge its responsibilities, including the ability to obtain, weigh and consider expert advice as to Committee related matters, including engaging independent counsel, accountants and other advisers at the Corporation’s expense for this purpose.

The Corporation shall maintain and preserve in an easily accessible place a copy of this Governance & Nominating Committee Charter established for the Corporation and any modification to this Charter.

Adopted: July 21, 2026

APPENDIX A

INDEPENDENT DIRECTOR SELF REPORTING GUIDELINES

An Independent Director shall inform the Committee of any changes in their business, professional or personal situation which are likely to impact their objectivity when considering certain matters to be brought before the Board, their ability to continue to serve on the Board, their ability to devote the necessary time and attention to Board matters or, might reasonably be considered to reflect poorly on the Board from a reputational or risk perspective. These matters may include (but are not limited to):

APPENDIX C

Director Compensation

The table below sets forth the compensation received by each then Director from the Corporation for the fiscal year ended October 31, 2025. Interested Directors and officers who are officers or employees of the Adviser or BNY Mellon do not receive compensation from the Corporation.

^* Alexander Ellis III retired from the Board effective April 21, 2026.

^** Patricia L. Francy retired from the Board effective October 14, 2025.

^*** Patrick Darcy resigned from the Board effective July 21, 2026.

APPENDIX D

Total Number of Shares Outstanding as of the Record Date

APPENDIX E

Audit Fees

Fees included in the audit fees category are those associated with the annual audits of financial statements and services that are normally provided in connection with statutory and regulatory filings.

The aggregate fees billed by E&Y to the Funds for professional services for the audit of the annual financial statements for the Funds’ last two fiscal years are reflected in the tables below.

Audit-related Fees

Audit-related fees are for any services rendered to the Funds that are reasonably related to the performance of the audits of the financial statements (but not reported as audit fees above). These services include attestation services that are not required by statute or regulation and consultations concerning financial accounting and reporting standards.

The aggregate audit-related fees billed by E&Y to the Funds for the Funds’ last two fiscal years are reflected in the tables below.

The aggregate audit-related fees billed by E&Y to Bessemer and any entity controlling, controlled by, or under common control with Bessemer, that provides ongoing services to the Funds, for engagements directly related to the Funds’ operations and financial reporting for the Funds’ last two fiscal years are reflected in the tables below.

Tax Fees

Fees included in the tax fees category comprise all services performed by professional staff in the independent registered public accountant’s tax division except those services related to the audits. This category comprises fees for tax compliance services provided in connection with the preparation and review of the Funds’ tax returns.

The aggregate fees billed by E&Y to the Funds for services rendered to the Funds for tax compliance, tax advice and tax planning for the Funds’ last two fiscal years are reflected in the tables below.

All Other Fees

The aggregate fees billed by E&Y to the Funds for products and services provided to the Funds, other than the services reported in “Audit Fees,” “Audit Related Fees,” and “Tax Fees” above, for the Funds’ last two fiscal years are reflected in the tables below.

The aggregate fees billed by E&Y to Bessemer and any entity controlling, controlled by, or under common control with Bessemer, that provides ongoing services to the Funds, for engagements directly related to the Funds’ operations and financial reporting, other than the services reported in “Audit Fees,” “Audit-Related Fees,” and “Tax Fees” above, for the Funds’ last two fiscal years are reflected in the tables below.

Aggregate Non-Audit Fees

The aggregate non-audit fees billed by E&Y to the Funds for the Funds’ last two fiscal years are reflected in the tables below.

The aggregate non-audit fees billed by E&Y to Bessemer and any entity controlling, controlled by, or under common control with Bessemer, that provides ongoing services to the Funds, for engagements directly related to the Funds’ operations and financial reporting, for non-audit services for the Funds’ last two fiscal years are reflected in the tables below. These include any non-audit services required to be pre-approved but excludes non-audit services that did not require pre-approval since they did not directly relate to the Funds’ operations or financial reporting.

The following table sets forth the aggregate fees billed by E&Y for professional services rendered to the Corporation during the two most recent fiscal years of the Corporation and to BIM and any entity controlling, controlled by, or under common control with BIM.

SCAN TO VIEW MATERIALS & VOTE

OLD WESTBURY FUNDS, INC. PO BOX 534458 PITTSBURGH, PA 15253-4458		To vote by Internet
		1)	Read the Proxy Statement and have the proxy card below at hand.
		2)	Go to website www.proxyvote.com or scan the QR Barcode above
		3)	Follow the instructions provided on the website.
		To vote by Telephone
		1)	Read the Proxy Statement and have the proxy card below at hand.
		2)	Call 1-800-690-6903
		3)	Follow the instructions.
		To vote by Mail
		1)	Read the Proxy Statement.
		2)	Check the appropriate box on the proxy card below.
		3)	Sign and date the proxy card.
		4)	Return the proxy card in the envelope provided.

EVERY SHAREHOLDER’S VOTE IS IMPORTANT

Important Notice Regarding the Availability of Proxy Materials for the Special Meeting

of Shareholders to Be Held on September 10, 2026:

The Proxy Statement for this meeting is available at www.proxyvote.com.

PLEASE SIGN, DATE AND RETURN YOUR

PROXY TODAY