Fund of Funds

Aon Investments

Aon is a global professional services firm whose investment consulting practice advises institutional investors on over $3.5 trillion in assets across public and private markets.

Assets Under Management
$3,500
As of 2024-12-31
Alternatives Allocation
30%
of total portfolio
Headquarters
Chicago, IL, United States
Asset Classes
Private EquityReal EstateInfrastructureHedge FundsPrivate Credit

Aon is a leading global professional services firm whose investment consulting and delegated investment practice advises institutional investors on approximately $3.5 trillion in assets. The firm’s investment advisory arm operates as one of the largest investment consultants worldwide, serving pension funds, endowments, foundations, and other institutional allocators.

Investment Strategy

Aon’s investment consulting practice provides strategic asset allocation advice, manager research and selection, risk management, and performance monitoring across all asset classes. The firm’s delegated investment management business, known as Aon Investments, manages assets on behalf of clients who delegate day-to-day portfolio management decisions to the firm.

In private markets, Aon maintains dedicated research teams covering private equity, real estate, infrastructure, private credit, and hedge funds. The firm’s manager research process evaluates hundreds of funds annually, producing ratings and recommendations that inform client allocation decisions. Aon’s scale provides access to a broad universe of fund managers and the ability to negotiate favorable terms on behalf of its client base.

The firm’s fiduciary management and outsourced CIO capabilities have grown substantially, with an increasing number of institutional investors delegating full or partial investment authority to Aon’s professional investment teams.

Private Markets Approach

Aon’s private markets advisory covers the full range of alternative asset classes. In private equity, the firm advises on buyout, growth equity, venture capital, and secondary strategies globally. The real estate and infrastructure teams cover core, value-add, and opportunistic strategies across major markets.

Aon’s approach emphasizes portfolio-level construction, helping clients determine appropriate allocation levels, diversification targets, and liquidity management frameworks for their private markets programs. The firm also assists clients with operational due diligence, fee analysis, and ongoing portfolio monitoring.

Aon is publicly traded on the New York Stock Exchange under the ticker AON. The firm’s investment consulting team operates from offices across North America, Europe, and Asia-Pacific, providing global coverage with local market expertise.

FAQ

Frequently Asked Questions

How much does Aon advise on in total assets?

Aon's investment consulting practice advises on approximately $3.5 trillion in total assets for institutional clients globally, making it one of the largest investment consultants in the world.

What private markets services does Aon provide?

Aon provides manager research and selection, portfolio construction advice, and delegated investment management across private equity, real estate, infrastructure, private credit, and hedge fund strategies.

Who does Aon's investment consulting practice serve?

Aon serves pension funds, endowments, foundations, sovereign wealth funds, insurance companies, and other institutional investors across North America, Europe, Asia-Pacific, and other regions.

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