As the investment world continues to become more complex, families and investment committees are finding value in outsourcing their investment management. An experienced Outsourced Chief Investment Officer (OCIO) can deliver the performance advantage of a qualified CIO and staff to investors who could not replicate the same level of resources, purchasing power or process internally. A true OCIO can help investors reach their goals and missions by providing significant resources, a disciplined capital allocation process and access to high-quality managers at reduced fees.
Chief Investment Officer magazine recently published their 2015 Outsourced Chief Investment Officer Survey and Buyers Guide. The accompanying article highlights the continued growth of the OCIO segment and includes information about many providers. Based on the data from the survey, Hirtle Callaghan is the largest and most experienced privately held OCIO with discretion of approximately $26B in assets. According to the survey data, Hirtle Callaghan is also the second largest discretionary manager of endowments and foundations.
View the entire survey results here.