2024 Outsourced Chief Investment Officer Survey

Provider Profiles


LCG Associates, Inc.

Portfolio Construction
LCG works with each client to understand its unique needs and customizes its portfolio's asset allocation. Before LCG can enhance a client portfolio, an examination of the existing portfolio is conducted. This process starts with a review of all current and relevant policies as well as guidelines associated with the portfolio. From there, LCG collaborates with the client to evaluate asset mixes and develops an optimal investment structure. Upon the client's approval of the optimal investment structure and investment policy statement, LCG implements as well as monitors and rebalances the portfolio. LCG believes each client organization is unique and should have an investment program specific to them.
Profile
Business model§ Implemented consulting
Year entered into OCIO business2012
No. of relationship managers/salespeople16
No. of OCIO portfolio managers16
OCIO % of total firm revenue11%
No. of clients, full discretion11
Full Discretionary Assets
Total full discretionary OCIO assets$1.8b
Discretionary Assets by Fund Type
Defined benefit$0mm
401(k), 403(b) or other defined contribution plan$0mm
Endowments or foundation$1b
Health care pools (board designated, funded depreciation)$0mm
Other$774mm
§OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line.

OCIO + other: An open-architecture or manager-of-manager investment outsourcing platform as one of multiple business lines.

Implemented consulting: A 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: An OCIO platform is something other than the types listed above.