Fund Evaluation Group (FEG) Announces New Hire
Brian Gray Joins FEG as Vice President, Institutional Client Development
CINCINNATI—June 28, 2010 -- Fund Evaluation Group (FEG) recently hired Brian Gray as vice president of institutional client development. Brian is responsible for expanding FEG’s distribution among its core institutional investor client base, which includes endowments, foundations, corporate retirement plans, and non-profit entities. The position reports to William Goslee, head of sales and marketing.
Gray’s hire supports FEG’s continued commitment to expand its business model from what was historically a traditional consulting-only firm to a full-service multi-solution firm, offering both a consulting solution and an outsourced Chief Investment Officer (CIO) solution. While consulting still represents the bulk of FEG’s relationships, the outsourced CIO model is rapidly gaining momentum, and features a 7-year track record.
“We are excited to bring Brian aboard to help us grow our distribution,” says Goslee. “His broad experience will help FEG continue to expand our offerings, especially the outsourced CIO solution.”
Gray is well positioned to help FEG expand its custom solutions approach among institutional investors. He is a seasoned investment professional with over 19 years experience working in the investment management industry. Most recently, he worked as an investment officer for Hirtle, Callaghan & Co. His background also includes senior positions with Pelagos Capital Management, State Street Global Advisors, and SSgA Funds Management, Inc. Brian holds a BA from the College of the Holy Cross and an MBA from the Olin School at Babson College.
“I am happy to be joining the FEG team and look forward to helping them deliver their fiduciary-quality investment solutions to institutional clients,” says Brian Gray. “I was impressed with their depth of qualified staff, their client base, and their track record with both the consulting and outsourced solutions. I believe they are positioned well to serve the evolving needs of clients in this complex, dynamic market environment.”
Gray is based in Boston, providing FEG local support to the northeast geographical region.
Gray is one of many new hires for FEG in the past several months, all of which support, in part, the firm’s ongoing commitment towards expanding its custom solutions offerings. Notable additions include the October 2009 hire of Dr. Will McIntosh as CIO, and, earlier this year, the hiring of two research analysts and two consulting analysts.
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About Fund Evaluation Group: Fund Evaluation Group, LLC (FEG) provides investment consulting, portfolio management and research services to clients nationwide. Established in 1988, the firm has approximately $28 billion in total client assets under advisement (as of December 31, 2009). FEG service lines include FEG/Consulting, focused on institutional clients to establish investment policies, recommend and monitor portfolio solutions and provide educational services.; FEG/Managed Portfolios, providing outsourced CIO and discretionary portfolio management services for institutions and financial intermediaries; and FEG/Research, which utilizes FEG’s deep research capabilities to provide alternative and traditional investment manager research, due diligence and monitoring. For more information, visit www.feg.com.
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