The University of Louisiana at Lafayette Foundation appointed Cambridge Associates as its outsourced investment office (OCIO) and Max Senter, the CIO serving the university and overseeing its investment office on behalf of Cambridge Associates, shares insights into the benefits of an OCIO relationships and approach to investing overall.
Key excerpts include:
- “Managing a complex portfolio, generating high returns for their private market portfolios and access to good managers are some reasons midsized institutional investors are outsourcing their investment portfolios,” said Senter.
- He added that CA Capital honors the funds-of-funds in an endowment’s portfolio but prefers to invest directly in private equity funds. It aims to build a diversified portfolio, which typically includes growth, venture, distressed and buyouts opportunities for its clients,
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