LCG began offering Outsourced Chief Investment Officer (“OCIO”) services to accommodate clients seeking a more streamlined, dynamic investment process and program. LCG offers a fully-customized, open architecture approach to OCIO services. We believe this is the most effective method for adding value via manager selection and facilitating a process that works best for clients. Structuring OCIO relationships in this manner also ensures LCG’s interests are aligned with our clients’. We also believe this provides a more flexible and tailored solution as opposed to a turnkey approach that focuses on asset gathering. The scope of services LCG offers to OCIO clients may include, but is not limited to:
To leverage Staff’s time, LCG can perform the following day-to-day portfolio management responsibilities that Staff would normally be responsible for:
If there are other areas that would help leverage Staff’s time, we are happy to assist as needed.
Below is how LCG’s OCIO services compare to non-discretionary services:
Type of Consulting Relationship
LCG’s Services Provided
Delegate control Sets investment guidelines, restrictions
Retain control Sets & executes investment guidelines, etc.
Support Investment Committee / Staff Execute on Staff’s behalf
Support Investment Committee / Staff