James Reichert

James E. Reichert is a Partner and Senior Director of Portfolio Strategy at NEPC, one of the largest independent, employee-owned institutional investment consulting firms in the United States. His investment career began in 1999, and he joined NEPC in 2007. He sits on NEPC's Discretionary (OCIO) Team, where he develops investment strategy and maintains and adjusts discretionary portfolios according to client objectives.

Within the firm's research organization, Reichert serves as co-chair of NEPC's Asset Allocation Committee and is a member of the Fixed Income Research Advisory Group. His research responsibilities include developing NEPC's "Key Market Themes" and "Current Opportunities," and refining the asset allocation and risk-management tools used across the firm. Earlier in his NEPC tenure he was a partner in the firm's Philanthropic Practice Group, working with healthcare clients as well as endowments and foundations — building investment programs that incorporated NEPC's proprietary risk models to inform investment policy statements, asset allocation, and manager selection.

Before joining NEPC, Reichert was a Senior Fixed Income Operations Manager at State Street Global Advisors. He earned a B.A. in History from Boston College and holds the Chartered Financial Analyst (CFA) designation.

• Operates as an institutional investment consultant / OCIO, advising and managing diversified, multi-asset portfolios for asset owners — not allocating venture or seed capital to startups.
• Specializes in asset allocation, fixed income, and risk management; co-chairs NEPC's Asset Allocation Committee and contributes to the Fixed Income Research Advisory Group.
• Builds portfolios from NEPC's "Key Market Themes" and "Current Opportunities" frameworks, using the firm's proprietary risk models to set investment policy, allocation targets, and manager line-ups.
• Has publicly favored traditional, liquid fixed income over private alternatives in the higher-rate environment: he told the Wall Street Journal that a closed corporate pension can likely reach its return target with publicly traded investment-grade bonds, high-yield bonds, and bank loans "without the uncertainty and complexity of alternative assets" — "You don't necessarily need it."

Reichert is an institutional consultant and OCIO portfolio manager rather than a deal-by-deal venture investor, so there is no public roster of named portfolio companies or startup deals attributable to him. His work product is the construction and ongoing management of diversified institutional portfolios (pensions, healthcare systems, endowments, foundations) and contribution to NEPC's firm-wide manager-selection and asset-allocation research. No specific named fund or company allocations could be verified from public sources.