Meketa Investment Group

What Meketa Investment Group does

Meketa Investment Group is an independent, employee-owned investment consulting and advisory firm founded in 1978 and headquartered in Westwood, Massachusetts. The firm advises on approximately $2.5 trillion in client assets under advisement across 255+ institutional clients as of December 31, 2025, with offices in Boston, Chicago, New York, Portland, Carlsbad (San Diego), Miami, and London. Services span investment consulting, outsourced CIO (OCIO) fiduciary management, and specialized mandates across private markets, public markets, real estate, and marketable alternatives, delivered through a staff of 240+ employees including 160+ investment professionals and 48 CFA charterholders.

The firm's core product set includes discretionary and non-discretionary consulting, manager research and selection, and asset allocation services grounded in proprietary capital market assumptions. In March 2025, Meketa launched MEKETA essentials, a proprietary digital platform that gives clients access to portfolio modeling, manager due diligence reports, and performance analysis across 6,000+ investment products. A separate Manager Center portal enables investment managers to submit strategies for consideration. The 2019 merger with Pension Consulting Alliance (PCA) substantially expanded its public fund practice and West Coast footprint.

Meketa is 100% employee-owned with over 70 shareholders as of March 2026 and operates without external private equity backing. Revenue is generated through fee-based investment consulting retainers and asset-based fees on OCIO/discretionary mandates. Client segments include public pension funds, corporate retirement plans, endowments and foundations, defined contribution plans, healthcare organizations, multiemployer plans, and financial intermediaries. The firm is led by Co-CEOs Stephen McCourt and Peter Woolley, with founder James E. Meketa serving as Chairman.

Name

Meketa Investment Group

Legal name

Meketa Investment Group

Website

https://meketa.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

Meketa Investment Group is an employee-owned investment consulting and OCIO firm founded in 1978, advising on approximately $2.5 trillion across 255+ institutional clients including public pensions, endowments, corporations, and foundations, delivered through 240+ professionals in seven U.S. offices and London.

Ownership category

akta.pro rank

Product category

Investment Consulting

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

akta.pro secondary industries

OCIO Providers (Outsourced CIO) (FSAAAGAH), Investment Management Advisory (RIA) (FSAEAAAB), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Investment consulting services
• Fiduciary management advisory
• Institutional asset allocation
• Outsourced CIO services
• Manager due diligence

Headquarters

HQ city

Westwood

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Consulting Services: Fee-based investment consulting services provided to institutional investors including investment policy development, asset allocation, manager selection and monitoring, and performance reporting. Services provided on retainer or project basis.
2. Fiduciary Management (OCIO): Outsourced CIO services where Meketa provides day-to-day investment management, reporting, and operational support. Customized governance structures allow clients to determine involvement level. Revenue generated through management fees based on assets under management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Meketa Investment Group provides independent, fee-based investment consulting and fiduciary management services to institutional investors. Core offerings include investment policy development, asset allocation, manager selection and monitoring, performance reporting, and full outsourced CIO (OCIO) discretionary management, complemented by specialized services across private markets, public markets, real estate, and marketable alternatives, delivered through its proprietary MEKETA essentials digital platform.

Product overview

Meketa Investment Group is an independent, employee-owned investment consulting firm offering a comprehensive suite of institutional investment services. The core offering includes investment consulting, fiduciary management (OCIO), and specialized services across private markets, public markets, real estate, and marketable alternatives. The firm's proprietary digital platform, MEKETA essentials, provides clients with integrated access to portfolio analysis tools, manager research, asset allocation modeling with proprietary capital market expectations, and performance reporting across 6,000+ investment products. All services are delivered through a client-centric model with over 160 investment professionals serving institutional investors including public pension plans, corporations, endowments, foundations, and multiemployer plans.

Differentiator

Problem solved

Functional benefit

Brands

• MEKETA essentials: A proprietary digital platform providing investment analysis tools, portfolio construction, manager due diligence, and performance analysis for Meketa clients.

Products and services

• Investment Consulting Independent fiduciary investment consulting services for institutional investors, including investment policy development, asset allocation, manager selection and monitoring, and performance reporting.
• Fiduciary Management (OCIO) Outsourced Chief Investment Officer (OCIO) services providing day-to-day discretionary investment management, reporting, and operational support for institutional investors, with customized governance structures that let clients choose their level of involvement.
• Marketable Alternatives Specialized investment services for marketable alternatives programs, including strategic planning, manager selection, monitoring, and back-office support for hedge fund and liquid alternatives allocations.
• Private Markets Private markets investment services covering private equity, private debt, infrastructure, and natural resources, including portfolio construction and commitment pacing for institutional investors.
• Public Markets

Quantifiable outcome

• Over $4.19 billion in consultant-led private equity allocations guided in Q3 2025
• +1 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• Mercer: Mercer is one of the largest global investment consulting and OCIO providers, serving institutional clients with asset allocation, manager research, and outsourced CIO services — directly comparable to Meketa across nearly all of Meketa's client segments.
• Cambridge Associates: Cambridge Associates is a global investment advisor serving endowments, foundations, pensions, and private clients with asset allocation and OCIO capabilities — a direct competitor for Meketa's endowment, foundation, and large institutional mandates.
• NEPC: NEPC is an independent, employee-owned investment consulting firm offering consulting and OCIO services to public funds, corporate plans, endowments, and healthcare organizations — a very close analog to Meketa's model, size, and client mix.
• RVK: RVK is an independent investment consulting firm providing advisory and OCIO services to public funds, corporate plans, and other institutional investors — a comparable mid-sized competitor with similar service breadth and target market.
• Verus: Verus is an independent investment consulting firm offering institutional advisory, OCIO, and manager research services — directly competing with Meketa in public funds, corporate, and nonprofit segments.
• Marquette Associates: Marquette Associates is an independent investment consulting firm serving public funds, corporate plans, endowments, and foundations with consulting and discretionary services — a comparable mid-sized direct competitor.
• Callan: Callan is a global investment consulting firm providing research, consulting, and OCIO to institutional clients including pensions, endowments, and foundations — directly comparable across Meketa's core service lines.
• Wilshire: Wilshire offers investment consulting, OCIO, and manager research to institutional clients, including a strong private-markets practice — directly comparable to Meketa's consulting + discretionary model with a focus on pensions and endowments.
• Segal Marco Advisors: Segal Marco Advisors is an institutional investment consulting firm serving public funds, corporate plans, and multiemployer plans with consulting and OCIO services — a direct peer, particularly in Meketa's public and Taft-Hartley segments.

Broad incumbents

• Aon: Aon is a global professional services firm whose investment consulting and OCIO arm competes with Meketa on large institutional mandates; broader consulting, brokerage, and HR services give it scale advantages but less specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MeketaInvGrp
• LinkedInlinkedin.com/company/meketa-investment-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meketa Investment Group