McKinsey Investment Office: separate from consulting practice?

I did search and I couldn't find anything. Does anyone know what the McKinsey Investment Office does? Are they separate from McKinsey's consulting practice? I found an alum from my school in the group but I don't want to contact him and sound like a moron not knowing what MIO does. Thanks.

2 Comments
 

Here you go:

"This firm manages a wide array of investment vehicles for the Firm’s Partners and pension plans, with significant expertise in alternative strategies including hedge funds and private equity. A principle objective of the Investment Counseling Function is to help our investing partners create long term wealth by constructing appropriate investment portfolios and avoiding expensive and/or inefficient products. At the same time, the products and services offered must save Partners time relative to those which are available externally. This firm’s role is to provide investment education, counseling and select products to Partners. "

 

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