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克里斯蒂理查森

Director of Private Investments at Hewlett Foundation

    来自2018年5月最受欢迎的分配者第一队

    For many, the role of chief investment officer at an elite institution is the end goal of a career on the allocating side of the financial industry. It means leading a team of investors, allocating a portfolio worth billions, and serving a meaningful mission (with a solid paycheck, too).

    Nice work if you can get it.

    Who are the investors coveted for these treasured CIO roles? When recruiters dream of their ultimate long list, who’s on it?亚博赞助欧冠asked them. What follows is the top 25 institutional allocators that recruiters most want for CIO jobs and who don’t yet have them.

    The top talent brokers helpedII’s editors design a formula to quantify desirability and score candidates, according to what they think matters in a first-time CIO.

    投资组合管理50%

    • 投资轨道记录:25%*
    • Exposure to complex investments and asset classes: 15%
    • 经理关系和访问:10%

    Non-Portfolio Management 50%

    • 管理and leadership skills: 20%
    • 沟通,人际关系能力和董事会互动经验:20%
    • Reputation of employer: 10%

    用这些标准在手中,IIeditors collected, vetted, and scored reams of recommendations, sourced primarily from the leading recruiters on three continents, but also from asset managers, consultants, and CIOs themselves. When more than one investor received the same total score, ties were broken by subtracting grades for investment track record and employer reputation — the two criteria most dependent on the quality of an individual’s organization.

    Crucially, this lists recruiters’ fantasy draft picks, not free agents — to an extent: Allocators assumed to be unmovable (Yale’s Dean Takahashi, say) were ignored; so were individuals with no previous allocating experience. Otherwise, any institutional allocator worldwide, regardless of age or fund size, was fair game. Some may have decided long ago to remain pure investors, and that the work of coddling board members, managing scandals, and debating salaries wasn’t for them. To those who see members of their staff listed, congratulations! Take this is as a testament to your ability to develop talent — and an annual market valuation of it.

    Welcome toII’s inaugural Most Wanted Allocators: First Team, ranked 1 through 25. TheSecond Team(26 to 50) can be foundhere

    评论,投诉,明年候选人?Let us know.

    *当个人的投资组合赛道记录未知时,对他们在前十年工作的机构的轨道记录中有很大的重量。

    1Donna Snider

    Managing Director at Kresge Foundation

    Total Score: 87/100

    One of the highest paid employees at Kresge, Snider’s compensation — nearly $635,000 in 2016 — “speaks for itself.” The former actuary is a “specialist at very complex asset classes” and a “highly effective” communicator. Her employer, in turn, is a foundation known for its “progressive” investments. Recommended by nearly every person consulted for this list, Snider is a “strong No. 2 who will be a CIO somewhere.”

    2Scott Taylor

    Managing Director, Investment Partnerships at Canada Pension Plan Investment Board

    总分:86/100

    美国招聘人员和加拿大同行相似在泰勒的未来看到CIO。“他只是一台机器。他运营外部经理计划,这是一个非常重要的投资组合“ - 当您控制价值C至940亿美元的分配(730亿美元)时,轻描淡写。“他有大约30或40人出来的多伦多,他们只是曲柄,”一个人说。泰勒和他亲近的伦敦同行亚历山大威尔“非常适合。我认为Alek有点创造力。“

    3.Tanya Carmichael.

    Managing Director of Global Funds at Ontario Teachers’ Pension Plan

    Total Score: 85/100

    “令人难以置信的领导技能,”一个招聘人员狂欢。Carmichael在香港,伦敦和多伦多母舰上提供了大约15个投资专业人士,所有这些都是主要寻求直接和协同投资“私募股权焦点”。超越安大略省教师 - 通过一些措施来实现世界上最好的养老基金 - “她与投资者社区和椅子ILPA一起参与”,该机构有限公司合作伙伴协会。

    4.Timothy Dolezal.

    Investment Director, Private Equity at University of Notre Dame

    Total Score: 84/100

    Notre Dame“出生和繁殖”,Dolezal经常被视为Cio Scott Malpass的“继承人,”虽然招聘人员注意到他的一个男性的年轻人“不再退休了”。他们仍然,他们说Dolezal - 凭借他的伟大人才技能和技术经验 - “将成为一个CIO。”

    5.埃德卡斯

    Senior Managing Director and Global Head of Real Assets at Canada Pension Plan Investment Board

    总分:83/100

    Cass “could be the CEO of any fund in the world, let alone the CIO,” one industry insider says. “Not that it looks like he’s having any fun. He’s a bit like Eeyore, a contrarian.” Cass took over the real assets arm to fill a need for solid leadership, adding yet another CPPIB division to the list of groups he’s run. The question about Cass is not whether he’s wanted as a CIO — he is — but rather if he wants to be one.

    6.Barbara Zvan

    安大略省教师养老金计划的主要风险和战略官

    Total Score: 82/100

    ZVAN“非常经验,非常明亮,甚至是昂贵的” - 所有特征在招聘人员的情况下,所有的特征都在其风险之中渴望,其中一个最难的填补头寸之一。ZVAN的双重风险/策略授权是罕见的,并增加负责任的投资席,使她的工作唯一一种。她在多伦多的商学院大学教授了国际养老金管理中心,在养老金政策中授予了养老金政策。“她可以成为任何养老基金的建筑师”。

    7.Thomas Woodbury

    宾夕法尼亚大学绝对回报策略董事总经理

    Total Score: 81/100

    伍德伯里是填补CIO角色的最佳招聘人员,是“一颗星”。随着“捐赠的相当大,”沃顿古龙毕业生“超级抛光”。那些知道伍德伯里有一个类似的技能,将于2015年挑选的前同事大卫霍金,以领导加州大学旧金山基金会。伍德伯里,现在在U. Penn的绝对回报策略开始,始于股权研究,给了他安全级别的经验。

    8.凯瑟琳格雷厄姆

    Head of Strategy Coordination at Universities Superannuation Scheme

    Total Score: 80/100

    “有效地说明了在美国的指挥中,格雷厄姆在行业中是”非常思考“,从而从管理对冲基金来刺激新的定义缴费计划的设计。如果她有一个弱点,那就是她与外部管理人员的关系 - 作为战略协调的主管,她没有直接参与经理选择。

    9.罗伯特焦

    Head of Absolute Return and Buyout Investments at Wellcome Trust

    Total Score: 80/100

    Coke reportedly trained as a Catholic priest before realizing it wasn’t for him. The church’s loss was the Wellcome Trust’s gain — over the last 19 years Coke has been “very, very active” in building out the preeminent foundation’s alternatives program. Recruiters question why Coke, who hasn’t yet run a “fully-fledged team,” hasn’t moved into a more senior role — but in the tight European endowment and foundation world, there are “not too many seats for him to go to.”

    10.Monica Lai

    Senior Investment Director at Sloan Foundation

    Total Score: 79/100

    Lai is a “quiet star” with a “varied background” including roles in private equity and Pfizer’s corporate pension. Now at the Sloan Foundation, she “has huge responsibilities” in manager selection and due diligence — resulting in a high complexity score. Recruiters speak highly of her personality, leadership, and experience dealing with board members, the result of her “rich career history.”

    11.Kelsey Morgan

    Deputy CIO at Dartmouth College Investment Office

    Total Score: 79/100

    市场是“只是等待”为摩根成为一个CIO,他将是一个“非常好的选择”。他是“年轻人的一点点”,但“漂亮的抛光 - 从达特茅斯的双重程度有所帮助,”迈克尔·彭博家的家庭办公室有一个两年的精神。But as one recruiter warns, “it’s much harder to get the CIO role after you’ve been passed over,” which Morgan reportedly was when Alice Ruth took over from Pamela Peedin in 2017. “A little pause for thought there — but just a little.”

    12.Eduard Van Gelderen.

    加州大学董事总经理

    总分:78/100

    UC scored a “major coup” last year in attracting van Gelderen, the “world-class” CEO of APG Asset Management. As the former head of a “top-tier” Dutch fund responsible for nearly $500 billion, van Gelderen has serious board chops, as well as skill in balancing professional investing with public accountability. But UC’s “all-star” team has suffered notable exits of late, knocking a point off van Gelderen’s fund reputation score and piquing headhunter interest in those remaining.

    13.Jack Edmondson

    Deputy CIO at Oxford University Endowment Management

    总分:78/100

    Although Oxford’s endowment is “quite small” at £3 billion (US$4 billion), it is a “globally sophisticated platform” — setting up Edmondson as a “CIO of the future.” The deputy chief spent five years at a private equity firm before joining Oxford, and continues to have a “strong alts focus.” As a graduate of Oxford’s business school, however, recruiters believe Edmondson will wait for the “right CIO position” before leaving his alma mater.

    14.Ingrid van Sundert

    外部经理主管选择和监控APG资产管理

    Total Score: 77/100

    经过近20年的APG,Van Sundert在内部和外部的“高度重视”。现在运营所有荷兰基金的经理选择,在搬到债务和股票之前,她在房地产中开始,在投资组合管理中发出高度标志。然而,在如此大的组织,她在这个名单上的处理比其他人的经验更少。

    15.Alistair Barker

    Head of Portfolio Construction at AustralianSuper

    Total Score: 76/100

    “合法”,一位推荐人说。巴克拥有在澳大利亚最大的退休基金中的CIO Prime Pre-Cio作用,这可以是世界上最好的整体系统。他已经“在雷达上”了很长一段时间,“为自己的名字”,在过去十年中,随着援助者的发展。他称赞为“梦幻般的导师”,强大的公众演讲者,以及“深深的投资组合思想家”,尽管他的相对青年。有“很多人才 - 和金钱 - 在澳大利亚市场”。

    16.John Barker

    Managing Director at Kresge Foundation

    Total Score: 76/100

    内部人士称,Robert Manilla的团队中有两个强有力的代表:Donna Snider是一个,Barker另一个。虽然仍然“有点年轻”,但是“非常抛光”和“漂亮的经验丰富”。从巴黎圣母院毕业后,巴克被大学的Cio,Scott Malpass聘用,并留在贫微居住的终点。招聘人员认为他现在在克雷斯队“坐下来”,希望疯狂成功。

    17.Sarah Samuels&Greg Turk(领带)

    伊利诺伊州伊利诺伊州伊利诺伊州教师退休系统董事总经理

    Sarah Samuels的总分:75/100

    这位前惠灵顿管理和马萨诸塞州的养老金“明星”在2017年跳到了Wellesley禀赋。被众多外人所看到的“等待”,她作为一个大规模的养老金的副CIO,给了她“领导和投资组合”。experience, as well as “likely exposure to senior stakeholders” due to CIO Michael Trotsky’s acknowledged skill in mentoring talent. The question one recruiter has is simple: “Would she leave Wellesley? I don’t know.”



    Greg Turk总分:75/100

    虽然可能更少“东北抛光”比这个名单上的其他人,但土耳其人是“超级纪律”和“非常非常明亮”。这种“愚蠢”中共有“分析弯曲”的熟练跨越资产课程 - 内部人士表示,他的人民技能同样好。“超级组成”甚至在冲突董事会会议期间,土耳其人“不聊......有人周到的标志。”

    19.Jay Kang

    斯坦福管理公司董事总经理

    总分:75/100

    这个耶鲁养老馆是“准备好”技能 - 为CIO工作而言。在希尔顿基金会的几年来,“良好的声誉”和“良好的血统”,康在技术角度来看,康“当然”强劲。但在斯坦福 - 斯坦福 - 与“非常具有挑战性”的董事会 - 康的问号是他将如何处理新的投资委员会。

    20.克里斯蒂理查森

    Director of Private Investments at Hewlett Foundation

    总分:75/100

    在硅谷的心脏,“大规模但under-the-radar” Hewlett Foundation pulls down “some of the best” returns in the business. CIO Ana Marshall “does a lot” as chief, including dealing with the “board, politics,” etc. — which lets her lean team grind at investing. “Hewlett doesn’t have a Yale-style leadership machine” to tutor Richardson on board wooing. But it does have an alpha machine, anchored by “supremely talented venture directors” — Richardson included.

    21.Rich Hall

    Deputy CIO at UTIMCO

    总分:74/100

    Having “done his time” at the messy Harvard Management Company, Hall returned to Texas and UTIMCO in early 2018 to reunite with former boss Britt Harris. That Harris, newly implanted at UTIMCO after a successful career at Texas Teachers, would so quickly get Hall back “speaks volumes — it’s basically all you need to know.” Look for Hall to either “succeed Harris, when the time is right, or be lured away to run his own non-profit portfolio.”

    22.Stephen Gilmore&Ed Hethington(TIE)

    UNC管理有限公司未来基金董事总经理前首席投资策略师

    Stephen Gilmore的总成绩:74/100

    3月未来基金重组,消除the chief strategist role in favor of two deputy CIO positions. Gilmore — with his “broader, top-down investment style” and “deep fixed-income background” — was the shake-up’s biggest casualty. Although a free agent for now, the “incredibly intellectual, incredibly strong” Gilmore is unlikely to stay on the market for long, recruiters say.



    Ed Hetherington’s Total Score: 74/100

    这款UPS Pension Alum有一个“现在的经历,他搬进了业务的捐赠方面”。优势包括“强烈的”经理关系 - “对于候选人来说,要考虑的候选人”是一个非常重要的角色 - 以及“非常尖锐,有趣的个性”。Word是他被“考虑了一些领导角色”,但截至目前,“在UNC的内容。”

    24.Jane Dietze

    Managing Director at Brown University

    Total Score: 73/100

    Dietze — with a resume that includes Fortress Investment Group and venture firms NextPoint Partners and Columbia Capital — comes highly recommended by most recruiters. She began working at endowments in 2012, when she joined Bowdoin College as director of private equity. Now the second-in-command at Brown, Dietze also serves on the investment committee of the U.S. Soccer Federation.

    25.Elise McDonald

    Managing Director at Harvard Management Co.

    Total Score: 73/100

    A “very good investor,” McDonald oversaw absolute return investments, then portfolio strategy, before taking on a generalist role under HMC’s latest CEO Narv Narvekar. The formerly “dysfunctional” environment at Harvard meant a lack of “proper mentorship” for McDonald in the past, but under Narvekar she’s getting “good exposure and breadth.”