How Pension Consultants Actually Control the Money

If you're raising from public pensions or corporate retirement plans, you're probably not pitching the pension itself. You're pitching their consultant.
If you're raising from public pensions or corporate retirement plans, you're probably not pitching the pension itself. You're pitching their consultant.

Pension consultants — firms like Mercer, Callan, Cambridge Associates, and Meketa — serve as gatekeepers for trillions in institutional capital. They build approved manager lists, conduct due diligence, and make recommendations to investment committees who rarely override them.

Key topics: pension consultants, institutional investors, capital allocation, raising capital, private equity, venture capital, fund managers, LP investing, asset allocation, due diligence, Mercer, Callan, Cambridge Associates, Meketa, GP-LP relationships, alternative investments, portfolio construction, wealth building, UHNW investors, family office.

The Capital Stack — a daily briefing for anyone raising or allocating private capital: family offices, institutional investors, fund managers, and trusted advisors navigating the full investor landscape.

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How Pension Consultants Actually Control the Money
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