Brian Payne
Head of Portfolio ConstructionPortfolio & Private Markets
Brian Payne helps investors understand the risks, opportunities, and portfolio implications across private markets and alternative investments. His work focuses on developing… Read More
Brian Payne helps investors understand the risks, opportunities, and portfolio implications across private markets and alternative investments. His work focuses on developing forward-looking views and quantitative expectations for Private Equity, Private Credit, Hedge funds, Infrastructure, and Real Estate.
Brian leads the firm’s global private market research. He provides independent research on portfolio construction, private market trends, and asset allocation, helping institutional and wealth management investors navigate evolving market environments and identify attractive risk-adjusted opportunities.
Before joining BCA in 2022, Brian was an Investment Officer at the Teachers’ Retirement System of Illinois, where he restructured and oversaw a multi-asset portfolio exceeding $5 billion across Hedge Funds, Private investments, and Opportunistic strategies. Earlier in his career, he was a researcher and trader at Potomac River Capital and advised on alternative investments and asset allocation at Fortigent, an investment consulting firm serving RIAs and institutional clients.
Brian is a CFA charterholder and CAIA charterholder with more than 15 years of experience evaluating alternative investments and institutional portfolios. He is a frequent speaker on private markets, portfolio construction, and investment strategy. Brian holds a BA in Economics and Political Science from St. Mary's College of Maryland. Read Less
Brian leads the firm’s global private market research. He provides independent research on portfolio construction, private market trends, and asset allocation, helping institutional and wealth management investors navigate evolving market environments and identify attractive risk-adjusted opportunities.
Before joining BCA in 2022, Brian was an Investment Officer at the Teachers’ Retirement System of Illinois, where he restructured and oversaw a multi-asset portfolio exceeding $5 billion across Hedge Funds, Private investments, and Opportunistic strategies. Earlier in his career, he was a researcher and trader at Potomac River Capital and advised on alternative investments and asset allocation at Fortigent, an investment consulting firm serving RIAs and institutional clients.
Brian is a CFA charterholder and CAIA charterholder with more than 15 years of experience evaluating alternative investments and institutional portfolios. He is a frequent speaker on private markets, portfolio construction, and investment strategy. Brian holds a BA in Economics and Political Science from St. Mary's College of Maryland. Read Less
Juan and Brian introduced the Portfolio Construction platform and showed how it brought Public and Private Markets together in a unified framework. They also discussed their key allocation views.
22 Jul 2026
Macro headlines may have shifted attention away from Private Markets, but the underlying risks remain. We revisit the Private Credit-Software cracks we flagged early and explain why, despite the noise, the structural story is just getting started.
21 Apr 2026
What are our return expectations for Public Markets? How do we build them?
How does the currency affect those expectations?
What are our return expectations across Private Markets?
Why do deal-level and fund-level returns differ?
How do...
01 Oct 2025
Please join Chief Private Markets & Alternatives Strategist Brian Payne for a Webcast on Wednesday, June 25, at 10:30 AM EST (3:30 PM GMT, 4:30 PM CET).
25 Jun 2025
In particular, the webcast will address the following questions:
What is PMA’s Growth, Inflation, Diversification, and Income framework?
Why are we positive APAC Private Equity? What are opportunities at the country level?
Is now the time to...
07 Aug 2024
Please join Garry Evans, BCA’s Chief Global Asset Allocation Strategist, and Brian Payne, Head of the Private Markets & Alternatives Service, for a Webcast on Thursday, May 9, at 10:30 AM EDT, (3:30 BST, 4:30 CEST).
09 May 2024