Provider Profiles
FEG Investment Advisors
| Profile | |
| Business Model§ | OCIO + other |
| Year Entered Into OCIO Business | 2003 |
| No. of Relationship Managers/Salespeople | 26 |
| No. of OCIO Portfolio Managers | 9 |
| OCIO % of Total Firm Revenue | 41% |
| No. of Clients, Full Discretion | 86 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $9.2b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $321mm |
| 401(k), 403(b), Other DC | $3mm |
| Endowments/Foundation | $4.7b |
| Healthcare Pools (Board designated, funded depreciation) | $0mm |
| Other | $4.2b |
| Portfolio Construction |
| FEG OCIO adds value through: (1) active management; (2) opportunistic positioning; (3) illiquidity premium; (4) and fee negotiations. FEG begins each OCIO relationship with an in depth discovery connecting client’s enterprise with a custom asset allocation strategy. From there, FEG OCIO will opportunistically invest in undervalued strategies in times of market dislocation. FEG OCIO offers clients access to diversified illiquid strategies regardless of asset size. FEG strives to select active strategies that have the potential to outperform, and works with managers to negotiate active management fees down to passive-like levels to enhance the possibility of out-performance. |
| §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. Other: OCIO Platform is something other than the 4 types listed above. |