LCG began offering Outsourced Chief Investment Officer (“OCIO”) services to accommodate clients seeking a more streamlined, dynamic investment process and program. LCG offers a fully-customized, open architecture approach to OCIO services. We believe this is the most effective method for adding value via manager selection and facilitating a process that works best for clients. Structuring OCIO relationships in this manner also ensures LCG’s interests are aligned with our clients’. We also believe this provides a more flexible and tailored solution as opposed to a turnkey approach that focuses on asset gathering. The scope of services LCG offers to OCIO clients may include, but is not limited to:

• Governance and investment policy design recommendations
• Asset allocation advice and portfolio implementation
• On-going portfolio positioning and rebalancing
• Investment manager due diligence, search, selection, and implementation
• Investment manager fee analysis and negotiation
• On-going risk management and portfolio monitoring
• Custodian analysis, search, and recommendations