2020 Outsourced-Chief Investment Officer Survey

Buyer's Guide


Discretionary^ Assets by Fund Type — Other

Provider Other
Aetos Alternatives Management, LP
Agility $1b
Alan Biller and Associates $330mm
Angeles Investment Advisors, LLC $1.2b
Aon $2.2b
Asset Strategy Consultants
Bank of America Private Bank *
Bespoke Strategies (Lowe, Brockenbrough & Co.)
BlackRock, Inc. 14.1b
BNY Mellon 4.8b
Callan LLC $0
Cambridge Associates
Canterbury Consulting, Inc $71mm
Commonfund $0
DiMeo Schneider & Associates, L.L.C. $10mm
Disciplina Group $2mm
Discretionary Management Services, LLC $260mm
FEG Investment Advisors * $2.1b*
Goldman Sachs $22.2b
Hall Capital Partners*
Hirtle, Callaghan & Co $8b
J.P. Morgan Asset & Wealth Management $35.5b
LCG Associates, Inc. $206mm
Mangham Associates $557mm
Marquette Associates $1.6b
Meketa Investment Group $22mm
Mercer $33.3b
Morgan Stanley * $3.9b*
Multilateral Endowment Management Company
Northern Trust Asset Management $33.7b
Partners Capital Investment Group, LLP $5.4b
PFM Asset Management $4.7b
PNC Institutional Asset Management $3.6b
Prime Buchholz LLC
River and Mercantile Group Plc $440mm
Russell Investments $120b
SECOR Asset Management
Segal Marco Advisors
SEI Investments $2b
Silvercrest Asset Management Group
Spider Management Company, LLC *
State Street Global Advisors $3.6b
Strategic Investment Group $2b
TIFF Investment Management $0
Vanguard $6b
Verger Capital Management
Verus Advisory, Inc.
Wespath Institutional Investments $1.5b
Willis Towers Watson * $4.8b*
Wilshire Associates Incorporated $874mm
^ For purposes of this survey, Full Discretion is defined as the OCIO manager having full discretion to tactically
select and replace investment managers without prior client approval.

* Submitted 9/30/19 data
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