Firm and founder
About Alpha Capital.
Independent by design. Institutional by experience.
Alpha Capital Management is an independent specialist in institutional OCIO and investment consultant search. Founded in 2006 by former institutional allocator Brad Alford, CFA, the firm combines hands-on search experience with proprietary OCIO performance, allocation, risk, and fee data.

Founder and former institutional allocator
Brad Alford, CFA
Brad founded Alpha Capital Management in 2006. He directs the firm’s OCIO and investment consultant search services and has more than thirty-five years of investment management experience.
Before founding Alpha, Brad served as Managing Director at Atlantic Trust, Director of Investment Advisory Services at MyCFO, Managing Director of the investment division for the Duke Endowment, and Director of Endowment Investments for Emory University.
He created the Alpha Nasdaq OCIO Index to advance industry transparency and developed OCIO Analytics to give institutions a more rigorous way to compare performance, allocation, risk, and fees.
Brad holds a BS in Corporate Finance and an MBA from the University of Alabama, completed Princeton University’s Senior Investment Manager Program, and is a CFA charterholder. His institutional service has included finance and investment committee work in Atlanta.
Brad in the media
Brad’s perspective in the press.
Browse articles and conversations that directly quote, interview, or profile Brad Alford. The newest coverage appears first.
Jump to broader industry news →- FundFire
OCIOs Hunt for Higher-Caliber Relationship Managers
Read - Institutional Investor
Why Top Pensions Like Verizon and Lockheed Martin Are Outsourcing to Goldman
Read - Institutional Investor
OCIO Boom Is Pushing Smaller Foundations Deeper Into Private Markets
Read - Institutional Investor
Portfolio Construction Drives Wedge Between the Best and Worst Performing Endowments
Read - ACA Group
Navigating the New Guidance for OCIO Performance Reporting: Insights from Industry Experts
Read - Institutional Investor
Mercer Purchases $35B Investment Boutique SECOR
Read - Institutional Investor
CFA’s New OCIO Guidance Gets Mixed Reviews
Read - Institutional Investor
Endowments Expected to Help Drive the OCIO Industry to $4.2 Trillion by 2028
Read - Institutional Investor
Nokia Taps Mercer to Navigate Evolving Corporate Pensions
Read - Institutional Investor
What the Hightower/NEPC Deal Could Mean for Wealth Management and OCIOs
Read - FundFire
OCIOs Under Pressure to Increase Fee Transparency
Read - Institutional Investor
The Returns Gap Between the Best and Worst OCIOs for Endowments Is the Largest in Years
Read - Institutional Investor
As Pressure on OCIOs Mounts, Edgehill Endowment Partners Is Winding Down
Read - Institutional Investor
Goldman Sachs Wins $43.4 Billion UPS Deal
Read - FundFire
Prospects for OCIOs Grew in 2023, but Scrutiny Remains
Read - Institutional Investor
Mercer Buys Vanguard’s OCIO Unit — A Move That May Kick Off More Consolidation
Read - FundFire
CFA Develops Guidelines for OCIOs to Comply with GIPS
Read - The Solutions Scoop
Evaluating OCIOs — The Search Consultants’ Perspective
Listen - WGNS Radio
Search for Outsourced Chief Investment Officer to Oversee Murfreesboro Electric Proceeds
Read - FundFire
Asset Manager OCIOs Face Conflict Questions from Search Consultants
Read - FundFire
In OCIO Space, Corporate Pensions Get Short End of Volatility Stick
Read - FundFire
Endowments and Foundations See Losses in Early 2022 Numbers
Read - FundFire
CFA Rounds Up Working Group to Help Develop GIPS Standards for OCIOs
Read - Institutional Investor
Layoffs Are Coming. The Outsourcing Industry Will Benefit.
Read - Institutional Investor
Is There Any OCIO Model That Is Conflict Free?
Read - FundFire
Rise of OCIO Search Consultants Exerts Downward Pressure on Fees
Read - Institutional Investor
The Big Challenge for the Booming OCIO Industry: Solving the Black Box
Read - FundFire
OCIO Data to Power Peer Universe Tool for eVestment, Solovis Platforms
Read - FundFire
OCIO Assets on Pace to Exceed $4T by 2026
Read - Institutional Investor
OCIO Market Booms as Investments Get More Complex
Read - FundFire
Top Endowment & Foundation Returns Tower Over FY’21 Laggards
Read - FundFire
Endowments and Foundations Look Set for “Crazy” Returns Bonanza
Read - Institutional Investor
What BlackRock’s Big British Airways Deal Means for OCIO
Read - Institutional Investor
Endowment and Foundation OCIOs “Came Roaring Back” After the Covid-19 Crash
Read - FundFire
OCIO Searches Spike, Driven by Performance Dissatisfaction
Read - Fiducient Advisors
How to Hire a Good Investment Consultant — With Brad Alford
Listen - FundFire
New OCIO Launches, Targeting Clients in Smaller End of E&F Market
Read - FundFire
OCIOs Are Hungry for Nonprofit Business as Their Pension Client Base Matures
Read - FundFire
For OCIO Providers, the Fee Pressure Is On
Read - FundFire
eVestment to Offer Alpha Nasdaq OCIO Performance Data Through Platform
Read - Institutional Asset Manager
eVestment Is the First Investment Management Platform to Offer Access to Alpha Nasdaq OCIO Indices
Read - Institutional Investor
Manager Diversity Is Increasingly Important for University Endowments. How They Measure It Is Still Unclear.
Read - Fortune / Bloomberg
The Losses Continue to Pile Up for Hedge Fund King Ray Dalio
Read - Nasdaq
OCIO Indices: What Institutional Investors Need to Know
Listen - Nasdaq
OCIO Indices: How Emerging Managers Can Position Their Strategies for OCIO Platforms
Listen - Nasdaq
OCIO Indices: What OCIOs Need to Know
Listen - Institutional Investor
“Clients Are Kind of Cringing”: Why Insiders Say OCIO Marketing Needs to Change
Read - FundFire
Consultant Heavyweights Took Millions in PPP Loans
Read - Institutional Investor
Is Wall Street’s Youngest Talent Doomed?
Read - FundFire
OCIOs Expect Pandemic-Fueled Client Boost, See First Spike in Activity
Read - Pensions & Investments
OCIO Growth Assisted by Volatile Times
Read - Institutional Investor
OCIO Firms Faltered During the First Quarter. But Institutions Still Want to Outsource Investments.
Read - FundFire
BNY Mellon Merges Two OCIO Units into New Division
Read - Pensions & Investments
Alpha Capital Management Launches OCIO Indexes With Nasdaq
Read - Institutional Investor
An OCIO Performance Index Exists for the First Time. Here’s How They Did It.
Read - Institutional Investor
Private Equity Investments Are Going to Lose Value. How Much Is Anyone’s Guess.
Read - Institutional Investor
Invesco Is Shopping Around for an OCIO Business
Read - FundFire
Consultants Tout Diversity Work, but Workforces Remain White
Read - FundFire
What Makes a Successful OCIO Pitch? A Growing List of Extra Services
Read - Institutional Investor
There Are 2,698 Signatories to the United Nations’ ESG Code. Has It Changed Anyone’s Behavior?
Read - FundFire
As Search Firms Gain Momentum, OCIO Providers Need to Catch Up
Read - FundFire
Ready or Not: the OCIO Benchmark Is Coming
Read - FundFire
Amid Flood of RFPs, Details Can Make or Break a Deal
Read - FundFire
TIAA Gives Up on OCIO Business in Surprise Move
Read - FundFire
“Getting Married and Talking Divorce”: Investors Prioritize OCIO Exit Strategies
Read - FundFire
Regions Bank to Acquire $26B Institutional Consultant
Read - FundFire
RVK, Angeles Earn Top Consultant Rankings in Poll of Asset Owners
Read - FundFire
Replacement Searches Surge as Institutional Investors Expect More from OCIOs
Read - FundFire
$28B OCIO Cuts Ties with PE, Gets New Owner
Read - FundFire
BlackRock Boosts Features Beyond Investments to Win OCIO Clients
Read - FundFire
Looking for a New Consultant? Here’s What to Ask on the RFP
Read - The National / Bloomberg
Death of Hedge Funds as Traditional Formulas Fall Off Track
Read - FundFire
OCIO Shop’s Endowment Clients Split on Commingled Structure
Read - WealthManagement.com / Bloomberg
Steve Cohen’s Comeback Is Said to Begin as Marketers Pitch Fund
Read - FundFire
ESG Concerns Dog Commingled OCIO Model
Read - FundFire
Consultants Hunt for Off-the-Grid Managers
Read - Fortune
Inside Billionaire Steve Cohen’s Comeback
Read - InvestmentNews
Big Bets Come Back to Haunt Franklin Templeton’s Global Bond Fund
Read - InvestmentNews
Liquid Alt Imposters Fall to the Wayside
Read - GlobeNewswire
Value Line Funds Completes Acquisition of Alpha Defensive Alternatives Fund
Read - Fortune / Reuters
Donald Trump’s Hedge Fund Investments Aren’t Doing So Well
Read - InvestmentNews
Dislocations Give Alternative Funds a Chance to Shine
Read - InvestmentNews
Amid the Market Carnage, Liquid Alt Funds Lived Up to Their Promise
Read - Investing.com / Reuters
Hidden in Plain Sight: Big Risks at Failed Third Avenue Fund Were Clear to Some
Read - InvestmentNews
Financial Advisers Get More Tools for Navigating the Liquid Alts Space
Read - InvestmentNews
Wirehouses Raise Clients’ Exposure to Alternatives, but Reps Still Just Dabbling
Read - InvestmentNews
As Hot as Liquid Alts Are, Most Can’t Compete Against the Bull Market
Read - InvestmentNews
Biggest Pension Shunning Hedge Funds a Green Light for Liquid Alts
Read - InvestmentNews
Rise of Alternatives Should Give Advisers Night Sweats
Read - Financial Advisor / Bloomberg
Paulson’s Puerto Rico Paradise Lures Hedge Funds Fleeing Taxes
Read - InvestmentNews
The Incredible Shrinking Hedge Fund Fees
Read - InvestmentNews / Bloomberg News
Good Value: Betting on Buffett and Malone
Read - Financial Advisor / Bloomberg
Paulson Pitching Fund Designed to Cut Tax Bills
Read - InvestmentNews / Bloomberg News
Buffett Winning $1 Million Bet With Hedge Fund
Read - Fortune
A Secretive Hedge Fund Legend Prepares to Surface
Read - Reuters / MarketScreener
Paulson’s Advantage Plus Fund Cut in Half in 2011
Read - Institutional Investor
Much Ado About Hedge Fund Revisions
Read - FundFire / Ignites
Advisors Steer More Assets Into Domestic, Global Equities
Read - Dealbreaker / Bloomberg
Insider Trading Probe Sends Clients Fleeing Without Arrests
Read - Institutional Investor
Alpha Capital’s Brad Alford Launches Hedged Mutual Funds
Read - Reuters / ABC Money
Paulson’s $5 Billion Payout Shocks, Raises Questions
Read - Financial Advisor / Bloomberg
Citadel Said to Consider Fee Cuts as Hedge Funds Seek Clients
Read - Newsmax / Reuters
Hedge-Fund Culture Shock May Hit Proprietary Traders
Read - Newsmax / Bloomberg
Peers: Hedge Fund Star Paulson May Have Grown Too Big for His Own Good
Read - City A.M.
Renaissance Fund Hit by a Loss in 2009
Read - RealClearMarkets / MarketWatch
New Gold Bugs Are Taking Gold Mainstream
Read - CNN / Fortune
Some Madoff Investors May Have to Give Back Gains
Read - The Royal Gazette / Reuters
Investors Scramble to Retrieve Money After Alleged $50 Billion Fraud
Read - Emirates 24|7 / Reuters
Hedge Funds Past Their Peak Performance
Read
Why independence matters
Alpha sits on the institution’s side of the table.
Alpha is independently owned and does not offer OCIO or investment consulting services. That separation allows the firm to evaluate providers without competing for the mandate being awarded.
The result is a search and evaluation process designed around governance, evidence, fit, and fiduciary outcomes.
Across the industry
What is shaping the OCIO market.
Broader industry reporting selected by Alpha. These articles track major mandates, provider growth, governance decisions, market shifts, and consolidation—they do not necessarily reference Brad.
Explore all research and industry news →- Institutional InvestorMandates
Why Top Pensions Like Verizon and Lockheed Martin Are Outsourcing to Goldman
Read - Institutional InvestorMarkets
Partners Capital Sees Rare Buying Opportunity in Private Credit Turmoil
Read - Institutional InvestorGrowth
OCIOs Like Morgan Stanley Target Insurance Assets for Growth
Read - Institutional InvestorGrowth
Fidelity Ramps Up Its OCIO Business as More Institutions Outsource
Read - Institutional InvestorGovernance
Even the Largest Institutions “Should All Be Doing” Some OCIO, Pension Trustee Says
Read - Institutional InvestorMandates
With Susan Ridlen Out, Eli Lilly Offloads $25B Retirement Portfolio to Goldman Sachs
Read - Institutional InvestorConsolidation
More Deals May Be in the Works as Wilshire Names New CEO
Read - Institutional InvestorGovernance
Knight Brings Its $2.6B Portfolio Back In-House After Decades of Outsourcing
Read - Institutional InvestorConsolidation
Mercer Purchases $35B Investment Boutique SECOR
Read - Institutional InvestorGovernance
CFA’s New OCIO Guidance Gets Mixed Reviews
Read
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