Mercy Health
In early 2010, after Sisters of Mercy Health System — recently renamed Mercy Health — decided it needed a full-time CIO to oversee its $2 billion endowment, it hired Anthony Waskiewicz. He had an extensive background in asset management and had worked as an investment consultant. The position required a move to St. Louis from Washington, where Waskiewicz, now 45, had been based as CIO of a large multifamily office. But he and his family have found they enjoy living in the Midwestern city, and Waskiewicz’s tenure as CIO of Mercy Health’s endowment is proving successful, particularly when it comes to the hedge fund portfolio. The endowment’s board has been so pleased with Waskiewicz’s performance in providing risk-adjusted returns with low correlation to traditional investments that it recently approved a $100 million increase in the hedge fund allocation, to $450 million.
| Hedge Fund Rising Stars | ||||||
| NAME | FIRM | |||||
| Rick Gerson | Falcon Edge Capital | |||||
| David Ben-Ur | Caxton Alternative Management LP | |||||
| Atwood 'Porter' Collins | Seawolf Capital | |||||
| Javier Dyer | Permal Group | |||||
| Adam Fisher | Commonwealth Opportunity Capital | |||||
| Grace Gu | BlackRock | |||||
| Jason Karp | Carlson Capital | |||||
| Akiva Katz | Bow Street | |||||
| Laurie Katz | GoldenTree Asset Management | |||||
| Ingrid Kiefer | Canyon Partners | |||||
| Simon Krinsky | Hall Capital Partners | |||||
| Carrie Lo | California State Teachers Employees Retirement System | |||||
| Drew McKnight | Fortress Investment Group | |||||
| Marina Mekhlis | Rocaton Investment Advisors | |||||
| Neil Messing | Bureau of Asset Management, New York City | |||||
| Gideon Nieuwoudt | Silver Creek Capital Management | |||||
| Ricky Nardis | UBS Alternative Investment Solutions | |||||
| Vinay Nair | Ada Investments | |||||
| Sean Murphy | Game Creek Capital | |||||
| Kimberly Mounts | MAP Alternative Asset Management Company | |||||
| Andrew Tsai | Chalkstream Capital Group | |||||
| David Solomon | Goldman, Sachs & Co. | |||||
| Howard Shainker | Bow Street | |||||
| Danny Sachnowitz | Texas Treasury Safekeeping Trust | |||||
| Justin Press | BTIG | |||||
| Dean Curnutt | Macro Risk Advisors | |||||
| James Grossman | Pennsylvania Public School Employees' Retirement System | |||||
| Chris Paolino | Hartford Investment Management | |||||
| Mick McGuire | Marcato Capital Management | |||||