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NextCapital hires new CIO

Chicago based portfolio company NextCapital has appointed Matt Clink as Chief Investment Officer, the first in the company's history. Most recently, Clink served as North American chief investment officer of Aon Hewitt.

Before that, he'd been a portfolio manager there helping big institutions manage managers since 2008. According to the statement announcing his hire, Clink advised $50 billion. Aon Hewitt Financial Advisors LLC has $11.5 billion AUM and Aon Hewitt Investment Consulting Inc. has $64.3 billion AUM, according to their ADVs. Clink, 39, will use his institutional insider smarts to talk authoritatively to big asset managers that service institutions. Such institutions stumble not in obtaining high-quality advice but in tailoring that advice to the personal needs of investors while putting their own imprint on the process.

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nextcapital, fintech collective, portfolio news