Kohlberg & Associates (“K&A”) is a niche consulting firm specializing in helping large institutional funds benchmark fees, assess service quality, and most importantly, negotiate cost-saving contracts with external service providers.
In essence, clients hire K&A to ensure that their Fund attains “Best Market Practices” through a rigorous analytic process that identifies and evaluates all fees found on invoices as well as “hidden” costs; analyzes service quality metrics; and then benchmarks these arrangements with institutions of similar size and scope. If opportunities for meaningful improvements are identified and the Fund elects to pursue them, K&A works closely with the client, or represents the client, to negotiate new terms that are very aggressive for the Fund yet still fair to the affected service partner(s).
K&A also manages RFP processes for clients that may want or need to consolidate or change providers.
K&A has been in business since 1991 and has completed more than 150 engagements for clients in the U.S., Canada, Europe, and Africa with total assets exceeding USD $3 trillion (see client list).