Provider Profiles
Investure
| Profile | |
| Business Model§ | OCIO only |
| Year Entered Into OCIO Business | 2003 |
| No. of Relationship Managers/Salespeople | Not provided |
| No. of OCIO Portfolio Managers | Not provided |
| OCIO % of Total Firm Revenue | 92% |
| No. of Clients, Full Discretion | 13 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $17.8b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | |
| 401(k), 403(b), Other DC | |
| Endowments/Foundation | $16.5b |
| Healthcare Pools (Board designated, funded depreciation) | |
| Other | $1.3b |
| Portfolio Construction |
| Investure utilizes primarily a multi-strategy, multi-manager approach to investing. Their investment philosophy is fundamentally-oriented with a focus on quality and understanding underlying asset values. From an investment performance perspective, they believe there are two investment tools that can drive long-term value: (1) asset allocation, and (2) investment selection. Their investment approach is equity ownership-centric as we believe this to be the best means for achieving risk/return objectives over the long term. While the portfolio is heavily invested in equities particularly private assets, they do maintain a stable, diversified asset allocation. They occasionally tilt the portfolio towards areas of perceived value. |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |