New York, NY January 5, 2022 – Pivotal Advisors has been selected by the Congressional Black Caucus Foundation (CBCF), a public policy, research and educational institute, to provide Outsourced Chief Investment Officer Services (OCIO) for its endowment and reserve assets.

Pivotal, founded by 16-year Wall Street veteran Tiffany McGhee, is the first and only OCIO firm owned by an African American and Afro-Latina woman. The firm specializes in servicing foundations and endowments, institutional retirement plans and pensions and family offices.

“The Congressional Black Caucus Foundation is pleased to select Pivotal Advisors to provide its investment advisory expertise and guidance,” said Paul E. Dumars, Jr., Co-Interim President & CEO and Chief Financial Officer/Chief Operating Officer. “Capitalizing on the opportunity to partner with a diverse-owned OCIO complements our vision to advance and promote Black economic empowerment.”

The Congressional Black Caucus Foundation has served the needs of the African American community for nearly 50 years through research, education, leadership programs, internships and scholarships. CBCF’s special reports, papers and journals address key public policy issues affecting African Americans and provide in-depth analysis of key issues impacting traditionally underserved American communities.

“Pivotal Advisors is honored to be selected by the Congressional Black Caucus Foundation to manage its assets.” says Tiffany McGhee Pivotal CEO & CIO, “We look forward to our relationship and to protecting and growing CBCFs assets through our proactive and ESG focused approach to funds management.”

Pivotal Advisors, a different type of OCIO firm, offers dedicated resources designed to provide solutions to institutions wanting to make a greater impact with their investment portfolios. The firm’s investment philosophy emphasizes identifying alpha, mitigating risk and maximizing impact through an Environmental, Social and Governance (ESG) lens.