Don Stracke

Donald C. "Don" Stracke was a California-based institutional investment consultant affiliated with NEPC, LLC. Public sources identify him as a Consultant or Senior Consultant at NEPC and place him in the San Francisco area. NEPC describes itself as a full-service investment consulting firm founded in 1986, with offices including San Francisco and $1.9 trillion in assets under advisement.

Stracke began his investment career in 1985 and spent more than four decades in institutional investing. His obituary states that he earned a B.S. in Accounting from Fairleigh Dickinson University and an MBA in Finance from Rutgers University, and held both CFA and CAIA designations.

Before NEPC, he held senior positions including Managing Director at Bankers Trust Company and Senior Vice President roles at RCM/Allianz Global Investors and Attalus Capital. At NEPC, he advised major public pension funds and institutional investors, with a focus on asset allocation, risk management, and private markets.

In 2021, Chief Investment Officer magazine recognized Stracke as a Top Knowledge Broker. Don Stracke died on April 28, 2026; his obituary was published by Colma Cremation & Funeral Services on May 5, 2026.

• Stracke’s documented investment work was not seed-stage startup investing; it was institutional consulting for public pensions and other large investors.
• His work emphasized top-down portfolio construction, asset allocation, risk management, and manager due diligence rather than opportunistic one-off pitches.
• A City of Fresno Retirement Systems document says NEPC, including Don Stracke, handled general investment consulting and that mandates were determined from a “top-down portfolio strategy” and “market-responsive asset allocation.”
• In a 2014 PIMCO recommendation memo to the City of Fresno Retirement Systems, Stracke and NEPC recommended moving forward with an allocation to PIMCO’s unconstrained bond fund despite elevated concerns about leadership departures, citing confidence in PIMCO’s deep team.
• Documented focus areas include public pensions, absolute-return fixed income, private credit, private markets, and institutional portfolio construction.