Provider Profiles
Mill Creek Capital Advisors, LLC
| Profile | |
| Business Model/Type§ | OCIO only |
| Year Entered Into OCIO Business | 2006 |
| No. of Relationship Managers/Salespeople | 8 |
| No. of OCIO Portfolio Managers | 12 |
| OCIO % of Total Firm Revenue | 100% |
| No. of Clients, Full Discretion |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $7B |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $1B |
| 401(k), 403(b), Other DC | $250MM |
| Endowments/Foundation | $1.9B |
| Health Care | $400MM |
| Other |
| Portfolio Construction |
Mill Creek Capital Advisors has full open architecture, conflict-free and bespoke construction. They have always believed that broad diversification across and within asset classes is the most important ingredient of investment success, and that success comes from taking a long-term view of markets and portfolio returns rather than trading into and out of different market segments in pursuit of only potentially superior short-run results. |
| § | OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. |
| OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. | |
| Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. | |
| Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |