NEPC Partner and Head of Portfolio Strategy, Scott Perry, has been featured in Financial Times for his commentary on the increasing amount of endowments and foundations using OCIO services. View excerpts from the article below or read the full article on the Financial Times site here.
Small US endowments and foundations are racing to outsource their investment management in the hopes of getting access to profitable but illiquid alternative markets amid growing funding challenges.
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By the end of June, Boston-based NEPC, an institutional investment consultancy, had managed $14bn for endowments and foundations as an OCIO. That was up 48 per cent from three years ago. “It is a part of the market that continues to grow materially,” said Scott Perry, head of portfolio strategy at NEPC.
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