Key Takeaways
- • NEPC has brought a team from Goldman Sachs Asset Management (GSAM) into its corporate consulting practice, according to the headline of the Pensions & Investments report.
- • The hire expands NEPC's corporate consulting business, which advises corporate plan sponsors on investment oversight.
- • The move is a talent acquisition that shifts GSAM personnel to a consultant, a development relevant to institutional plan sponsors and asset managers.
Summary
Corporate consulting at firms like NEPC typically covers investment policy, manager selection, and oversight of defined benefit and defined contribution plans for corporate sponsors. Adding a team with asset management experience from GSAM would bolster that capability. Readers seeking the team's composition, mandate scope, or effective date should refer to the original Pensions & Investments article.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.