Scott Harsh, the former president and chief executive at Fund Evaluation Group (FEG) Investment Advisors, has come out of retirement to advise endowments and foundations at consulting firm NEPC.
As principal and senior consultant at NEPC, Harsh will help community foundations and universities shape their investment policies and financial plans, as well as expand impact investing programs, NEPC said last week. He officially started Sept. 21.
“I came out of retirement really with the goal to service clients, to re-engage with not-for-profit clients and endowments and foundations, in particular, and to help them really structure portfolios so that they achieve long-term investment goals,” Harsh said. “What I’m wanting to do is just face clients and interact with clients and help them succeed.”
He said he will service the consultant’s current clients and eventually add clients to help the NEPC expand its presence in the Southeast and Midwest. About 146 institutions with $88 billion in assets are advised under the endowments and foundations practice at NEPC. In total, the Boston-based consultant serves more than 350 clients with more than $1.1 trillion in assets.
In 2018, Harsh retired from FEG, one of the nation’s largest remaining independent consultants. He joined the firm in 1990 and was part of its leadership for 16 years. He was replaced by Rebecca S. Wood.
He has spent nearly three decades advising clients and constructing portfolios with traditional asset classes, as well as allocations to private capital and hedge strategies.
“As a respected leader in the industry, Scott is a natural addition to our team,” Scott Perry, partner and co-leader of NEPC’s endowments and foundations practice, said in a statement.