Disciplina

What Disciplina does

Disciplina is a boutique outsourced chief investment officer (OCIO) firm based in Nashville, Tennessee, that provides full-service investment management exclusively to mission-driven nonprofit institutions. Founded in 2013 by Matthew Wright, who became the first African American to start and lead an OCIO firm, the firm serves university endowments, charitable foundations, and faith-based organizations. Disciplina's disclosed client base includes Florida A&M University Foundation, eBay Foundation, and Hillel International, and the firm reports 100% client retention over the ten years ending in 2023.

The firm delivers its service through four interconnected strategies—Customized Investment Solutions, Cash Plus Strategy, Hedge Fund Strategy, and Private Markets Strategy—packaged as a unified OCIO solution for a single price with no add-on fees. Disciplina's distinctive asset is a proprietary database monitoring over 200 diverse-owned investment firms; since 2001, the team has allocated more than $1.3 billion to over 50 women-, minority-, and veteran-owned managers. Technology infrastructure is light: client interaction runs through a ShareFile document portal, and investment workflows rely on the firm's manager research and asset allocation framework rather than any internally developed software platform. The firm is SEC-registered and certified as a Minority/Women-owned Business Enterprise (MWBE).

Disciplina generates revenue through asset-based OCIO management fees tied to assets under management, which grew from $2 billion in 2023 to $3.1 billion as of December 31, 2025. The firm is employee-owned, with ownership held by the four partners—Matthew Wright, Alena Kuprevich, Brant Smith, and Brian Arsenault—and operates without external venture capital or private equity backing. Its go-to-market is enterprise field sales: senior partners serve as direct contacts for institutional clients, and prospects initiate engagement through a website form titled "Begin an OCIO Conversation." Disciplina serves clients exclusively in the United States, with a team of 1–10 employees based in Nashville.

Name

Disciplina

Legal name

Disciplina Group, LLC

Website

https://disciplina.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Disciplina is a Nashville-based boutique OCIO firm providing outsourced investment management exclusively to mission-driven nonprofit institutions, including university endowments and charitable foundations, with $3.1 billion in AUM and 100% client retention over a decade.

Ownership category

akta.pro rank

Product category

Institutional Investment Management (OCIO)

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

OCIO Providers (Outsourced CIO) (FSAAAGAH)

akta.pro secondary industries

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), OCIO & Multi-Asset Outsourced Portfolio Management (FSAAAJAF)

Keywords

• Outsourced investment officer
• Institutional investment management
• Endowment management services
• Nonprofit investment advisory
• OCIO investment solutions

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. OCIO Management Fees: Full-service investment advisory fees for outsourced chief investment officer solutions. The firm offers a complete OCIO solution for one price with no add-on fees. Revenue is derived from assets under management, with AUM growing from $2B (2023) to $3.1B (December 2025).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Disciplina provides a complete Outsourced Chief Investment Officer (OCIO) solution exclusively for mission-driven nonprofit institutions. The offering bundles investment management, reporting, and advisory services into a single price with no add-on fees, delivered through four interconnected strategies: Customized Investment Solutions, Cash Plus, Hedge Fund, and Private Markets.

Product overview

Disciplina is a boutique OCIO (Outsourced Chief Investment Officer) firm offering a unified set of investment management services exclusively for nonprofit institutions. The firm provides four interconnected investment strategies—Customized Investment Solutions, Cash Plus Strategy, Hedge Fund Strategy, and Private Markets Strategy—that work together as a comprehensive OCIO solution. Disciplina operates as an embedded partner, aligning investment strategy with each institution's mission, governance, and long-term responsibility, offering complete OCIO services at a single price with no add-on fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Customized Investment Solutions Tailored investment strategies designed specifically for nonprofit institutions, aligning capital decisions with each organization's mission, governance structure, and long-term responsibility.
• Cash Plus Strategy An enhanced cash management strategy that provides institutions with improved returns on liquid assets while maintaining appropriate safety and accessibility.
• Hedge Fund Strategy Alternative investment allocation strategy utilizing hedge fund managers to generate absolute returns and provide portfolio diversification independent of traditional market direction.
• Private Markets Strategy Investment approach encompassing private equity, private credit, and other private market opportunities designed to deliver enhanced long-term returns for institutional portfolios.
• Outsourced Chief Investment Officer (OCIO) Solution Full-service Outsourced Chief Investment Officer offering for mission-driven nonprofit institutions, bundling investment management, reporting, and advisory services into a single price with no add-on fees.

Quantifiable outcome

• 100% client retention over ten years
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Florida A&M University FoundationcoreStrategic or Co-development PartnerThe Florida A&M University Foundation, Inc. serves as custodian of contributions from the private sector for Florida A&M University (FAMU), a public HBCU in Tallahassee, Florida. Disciplina was awarded a mandate to provide OCIO investment management services.
• eBay FoundationcoreStrategic or Co-development PartnerThe eBay Foundation partners with nonprofit organizations addressing barriers to entrepreneurship for historically excluded groups. Disciplina provides OCIO investment management for the foundation.
• Hillel InternationalcoreStrategic or Co-development PartnerHillel International is a global Jewish student organization network. Disciplina was awarded a mandate to provide investment management services supporting Hillel's mission.
• Xponance, Inc.minorOthersMarquette Chester serves on Disciplina's Advisory Board as Senior Managing Director, Head of Alternatives at Xponance, Inc.
• Girls Who InvestminorOthersMyra R. Drucker serves on Disciplina's Advisory Board as Lead Independent Director of Girls Who Invest.
• Cyrus Capital Partners, L.P.minorOthersStephen C. Freidheim serves on Disciplina's Advisory Board as Founder, Chief Investment Officer, and Managing Partner of Cyrus Capital Partners, L.P.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Commonfund: Commonfund provides OCIO and investment management services to endowments, foundations, and other nonprofit institutions—directly comparable to Disciplina's mission-driven institutional focus. Both firms target nonprofit pools with outsourced CIO solutions and long-horizon mandates.
• Meketa Investment Group: Meketa provides investment consulting and OCIO services to public and corporate pensions, endowments, and foundations. Directly comparable as an OCIO provider focused on institutional clients, including nonprofit pools similar to Disciplina's target segment.
• CapTrust: CapTrust offers OCIO services for institutional clients including endowments and foundations alongside wealth advisory. Comparable as a multi-segment OCIO provider with institutional outsourcing offerings that overlap Disciplina's nonprofit endowment client base.
• Verus Investments: Verus provides investment consulting and OCIO services to nonprofits, foundations, endowments, and pension plans. Directly comparable OCIO peer with a similar institutional nonprofit focus and comparable scale tier to Disciplina.
• NEPC (New England Pension Consultants): NEPC provides investment consulting and OCIO services for institutional investors including endowments, foundations, and pensions. Directly comparable as a peer in the nonprofit institutional OCIO segment with similar client profiles.
• Marquette Associates: Marquette Associates is an investment consulting firm serving endowments, foundations, and other institutional investors, with growing OCIO capabilities. Highly comparable as a peer serving similar nonprofit institutional clients with outsourced investment mandates.

Broad incumbents

• Aon Investments: Aon's investment practice includes OCIO and outsourced investment management for institutional clients, including nonprofit pools. A broad global incumbent that competes for large endowment and foundation OCIO mandates, though with a much broader business portfolio.
• Mercer Investments: Mercer's investment business includes OCIO and outsourced investment management for institutional clients including endowments and foundations. A broad incumbent with overlapping institutional OCIO capability but operating at much larger scale across many client segments.
• Cambridge Associates: Cambridge Associates is a leading global investment advisor serving endowments, foundations, and pensions with discretionary OCIO and advisory services. It is a broader incumbent operating at significantly larger scale but competes for the same institutional nonprofit mandates Disciplina targets.
• Russell Investments: Russell Investments operates a large OCIO platform serving institutional clients including endowments and foundations. A broad incumbent competitor with overlapping outsourced CIO offerings but a much wider product portfolio and global footprint.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

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&A

Investments

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

Frequently asked questions about Disciplina