Oversight of the management of institutional asset pools, including foundations, endowments, retirement plans, corporate assets and reserves, is becomingly increasingly complex and challenging. It is all the more important to have rock-solid fiduciary oversight in place. More institutions are looking to service providers, such as due diligence consultants, to assist in meeting these responsibilities relative to their OCIO selection and monitoring.
What happens if you choose not to engage a consultant to perform a full soup-to-nuts search? You could still benefit from accessing what an expert knows about OCIO firms and the marketplace to assist in your due diligence. A highly qualified consultant with broad and deep knowledge and expertise in the OCIO industry can assist meaningfully with your efforts.