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Eric Nierenberg.

Chief Strategy Officer at Massachusetts Pension Reserves Investment Management Board

    From the Jun 2018 Most Wanted Allocators Second Team

    Welcome to the second half of亚博赞助欧冠首届最受欢迎的分配者,排名第26到50.看到First Team,排名1到25,here

    Who are the investors coveted for these treasured CIO roles? When recruiters dream of their ultimate long list, who’s on it?亚博赞助欧冠问他们。顶级人才经纪人帮助了II’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%

    • Management 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.

    意见,投诉,明年候选人?Let us know.

    *When an individual’s portfolio track record was unknown, significant weight was given to the track record of the institution(s) at which they worked over the previous ten years.

    26.布拉德吉尔伯特

    德克萨斯州教师退休系统的对冲基金总监

    总分:71/100

    另一个成员“Britt Harris Mafia,”Gilbert是“几乎每个对冲基金都知道的 - 是的,由Dint的投资组合,他帮助运行,也因为他的认真和智慧。”招聘人员预计吉尔伯特,当时的时间是正确的,“可能会离开。TRS在顶部有很多人才,“出口可能在路上。

    27.Prakhar Bansal &Scott Chan (tie)

    加州大学芝加哥大学战略董事总经理

    Prakhar Bansal’s Total Score: 70/100

    CIO Mark Schmid has been known to brag that any of his managing directors “could be CIOs anywhere” — and Bansal is no exception. In his 15 years at the endowment, he worked in public markets, hedge funds, real estate, and natural resources before succeeding Que Nguyen (#31) in the strategy role — a position recruiters point to as a stepping stone to the CIO job.



    Scott Chan’s Total Score: 70/100

    没有招聘委员会将赌陈作为一个CIO:他已经是一个。从2010年到2015年,当时,47岁的LED Sacramento County为80亿美元的养老金基金,当时他牺牲了加利福尼亚大学的投资超级集团领导公共资产的最高冠军。“这是一个非常合理的途径,可以去一个首屈一指的计划,并不会稍后再次成为一个CIO的机会,”一个招聘人员说,为一个更好的知名(和更好的支付)商店进行了标题。

    29.Sherif Nahas.

    Director of Private Equity and Natural Resources at Ford Foundation

    Total Score: 70/100

    If a leading headhunter was seeking a CIO for a $2 to $3 billion endowment, “one of the guys from Ford, Sherif or Chris Barber” would make the fantasy top-five shortlist. Others echoed the recommendation, with Nahas edging out the more junior Barber (this year, at least). An engineer before he became an investor, Nahas is “very smart, and covers all the private markets.” At Ford he manages a team of five with “very little turnover — and strong performance.”

    30.Julie Glynn

    联合技术公司的养老金投资总监

    Total Score: 70/100

    Glynn is “quietly doing her work up in Hartford,” with a mandate covering global public equities, multi-asset funds, and portable alpha investments. Praised for her “maturity” and “professionalism,” she also gets good marks for manager relationships and fund reputation. Still, Glynn faces one major problem: “Her boss is the best in the business, bar none, and it doesn’t look like Robin [Diamonte] is moving anytime soon.”

    31.que nguyen.

    Director of Portfolio Strategy and Analytics at Willett Advisors

    Total Score: 70/100

    One can only guess at the investment performance of Michael Bloomberg’s secretive family office, but insiders say Nguyen — who was a “superstar” at the University of Chicago’s endowment — has the “strategy, creativity, and thoughtfulness” to do well. The well-rounded and “highly sophisticated” investor “could already have written her own ticket into a CIO role.”

    32.Geoffrey Love

    风险投资和股权负责人长/惠康信托的短期投资

    Total Score: 70/100

    世界第二大慈善基金会,惠康信托是“像耶鲁耶鲁耶鲁。”在他的腰带下的基础上有20年,如果他计划搬家,爱就会成熟。他在投资资本上抬头,在董事会桌子桌上获得经验,作为康威公司在投资组合公司会议上的惠康信托代表。在他的空闲时间,爱坐在玛丽居里癌症护理的投资委员会。

    33.Matthew Stone

    芝加哥大学公共市场和绝对回报董事总经理

    Total Score: 69/100

    Insiders wonder how Stone hasn’t been picked off after 19 years at the University of Chicago endowment. “He’s been cusp-y for some time,” one recruiter says of the managing director overseeing public equity, fixed income, hedge funds, and high-yield debt. A “little scrappy,” Stone is likely to play better in more “aggressive” markets.

    34.Alisa Mall.

    Director of Investments, Real Estate and Natural Resources at Carnegie Corp.

    Total Score: 69/100

    卡内基的投资人才涌现。“我会很难被迫以另一个人认可,”一个撕裂的推荐人说:“如果你问我是否认为阿丽莎应该是候选人 - 是的!”Meredith Jenkins的出发作为基金的Co-CIO释放了对商场等工作人员的投资组合责任,“对他们的发展至关重要。”商城唯一的注意事项:“她有一个自然资源背景,所以你必须要这样做。”

    35.Evalinde Eelens

    Investment Manager at Mars

    总分:68/100

    “欧洲养老群落中的夹具”,Eelens有一个“尖锐的分析思想”,“渴望以最佳方式完成工作。”在开始她作为记者的职业生涯之后,Eelens很快就会转向资产管理,在2009年的第一次养老金角色降落。在火星,她监督欧洲,中东和非洲的养老金计划。

    36.Al Kim

    赫尔斯利慈善信任投资总监

    总分:68/100

    Kim surprised a lot of people last winter when he triumphed by peer vote as the most likely future CIO atII’s Allocators’ Choice Awards. “Al’s quiet — he’s amazing but kind of shy.” Thoughtful, experienced, and authentic, Kim trounced slicker peers in answering tricky questions on leadership and judgement. Kim was brought to Helmsley by “everyone’s idol” Rosalind Hewsenian, who spotted his talent early at Wilshire Associates.

    37.Greg Spick

    Senior Director at Cox Enterprises

    总分:67/100

    37岁的美籍西班牙人在他的版本的形成期tiginous career at UPS under then-CIO Brian Pellegrino, a renowned mentor and talent developer. Over nearly eight years, he rose to head up a $6 billion private markets portfolio, showing “creativity and hustle” rare in the sleepy corporate pension world. When Pellegrino exited UPS last year, Spick “wasn’t quite ready” for the CIO role. Snapped up by the “low-profile” Cox Enterprises in April, he’s now expanding from a corporate defined benefit specialist to broader fund types. “Greg is the next generation,” says one commentator.

    38.Dan Parker

    Deputy CIO at Texas Tech University

    Total Score: 66/100

    This former platoon commander “jumped around a bit” earlier in his career, but seems to “have made a great niche for himself at Texas Tech” under CIO Tim Barrett. The fund, “known for being willing to step outside the beaten path” to find investments, benefits from Parker’s “willingness to get on a plane” whenever he’s asked. His Marine Corps background gets him high leadership marks from outsiders — and instills fear in any manager subject to his due diligence.

    39.Mike Ruetz

    Deputy CIO at Margaret A. Cargill Philanthropies

    Total Score: 66/100

    A “bit of a sleeper, perhaps because [Cargill is] up in Minnesota,” Ruetz still gets put forward by multiple recruiters as someone with a CIO future. Like some others on this list, Ruetz followed his boss from a previous role — “always, always a good sign,” says one commentator. In this case, that boss was CIO Shawn Wischmeier, previously of the North Carolina Retirement Systems. At Cargill, Ruetz oversees the risk management and asset allocation teams, earning him high marks for leadership and board interaction.

    40Karen Horn Welch

    Director of Investments at Spider Management

    Total Score: 66/100

    招聘人员称赞为“令人惊讶的是广泛的,大——韦尔奇dollar” experience at “high-profile” nonprofit funds relatively early in her career. In 2001, she was a research associate at the Stanford Graduate School of Business. By 2012, she was running investment strategy for Stanford’s $25 billion endowment, having already led its public equities and long/short equity hedge fund program. Welch hung on through the tumultuous tenure of the fund’s former CEO, when “the weakness in leadership gave the opportunity to rise pretty quickly” at a “name brand” institution. In 2016 she joined Spider, which manages the University of Richmond’s assets, among others.

    41.Malcolm Goepfert &Christopher Schelling (tie)

    UAW RETELE医疗福利私人市场高级董事总经理德克萨斯市政退休系统私募股权托管信托&主任

    Malcolm Goepfert’s Total Score: 66/100

    Although he’s only been at the auto workers’ pension fund for a year, Goepfert’s background includes the Alaska Permanent Fund, Ohio’s teachers pension, the W.K. Kellogg Foundation, and the James Irvine Foundation. He can “manage and lead a team, work with a board, and communicate effectively” – but his overall score is hurt by having been passed over for the CIO role at Irvine.



    Christopher Schelling’s Total Score: 66/100

    谢林是其中一个非常罕见的投资者s with both “deep technical know-how” and a gift for communicating it. (Indeed, he was a columnist forII’s former print magazine.) The former finance professor is “extremely familiar with all aspects of capital markets,” “a true team player,” and an “ardent supporter of the mission.” As a CIO candidate, he will benefit from more management experience and a chance to prove himself beyond private equity (and column writing).

    43.Kelli Washington

    克利夫兰诊所的研究与投资策略总经理

    Total Score: 65/100

    After an almost 10 years in investment consulting at Cambridge Associates, Washington knows her way around a board meeting. “Very polished” and “likeable,” she has the necessary people skills, but still lacks a proven track record as an asset owner. Still, recruiters say, Washington is on the path to being a “very effective CIO somewhere.”

    44.Reginald Sanders

    Director of Investments at W.K. Kellogg Foundation

    Total Score: 65/100

    一个“漂亮的抛光,可怜的家伙”桑德斯会“做得很好的一团团队”。在2010年加入Kellogg之前,桑德斯在柯达的养老基金获得了“很多培训”,在那里他管理了对冲基金,私募股权和实际资产。最近,他被要求加入密歇根州的养老基金咨询委员会 - 这是“对雷鬼的了解。”

    45.Erik Carleton

    Director of Pension Investments at Textron

    Total Score: 65/100

    在这个名单上广泛完成的同行中,Carleton认为是唯一的前摇滚乐的区别。在决定在投资咨询中获得“真正的工作”之前,他是一支乐队的前任 - 首先在信托投资顾问的非美国股票经理覆盖,然后专注于Nepc的企业客户。尽管如此,“企业养老金是艰难的”职业生涯。“冻结,主要免疫”的投资组合为年轻分配者提供了更少的学习机会 - 但是有一个像Textron的Cio Charles Van Vleet这样的Firebrand Mentor,有助于帮助。

    46.Eric Nierenberg.

    Chief Strategy Officer at Massachusetts Pension Reserves Investment Management Board

    总分:64/100

    Among U.S. public pensions, “the level of sophistication is not going to be quite as strong” as in U.S. nonprofits and overseas funds, one headhunter says. Yet “there will be some pure investors and a handful of young up-and-coming people percolating in the public side.” Nierenberg is one of them. He holds three Harvard degrees, including a PhD focused in behavioral science, and helps run a $67 billion fund. He’s known as “deep technically” and “in the perfect role for jumping to a CIO job.” Plus, “managers respect him.”

    47.Sean Casey

    Director at B1 Capital Partners

    总分:63/100

    Casey was in the running to be the CIO at B1 Capital Partners — a new family office managing Peruvian money — but the top job ultimately went to Michael Flynn. Casey has a generalist background with “exposure to all asset classes.” At B1, he’s getting the opportunity to be a leading part of a fresh build out.

    48.罗伯特李三

    Managing Member at Windmuehle Holdings

    Total Score: 62/100

    Lee recently departed the Texas Tech endowment — “some questions about that,” one recruiter notes — to start a fund focused on niche investments. “That plays to his strength,” another commentator says. “The guy is an animal when it comes to hunting down unique return streams.” With Lee having raised assets out of the gate, some wonder whether he’d want to get back in the pure allocator role — “but if he does, there’s a place for him somewhere.”

    49.Edmond Fong

    加州大学高级董事总监

    Total Score: 61/100

    “According to Jagdeep, he’s the one” on the current UC Regents team who’s destined for a CIO role. Investment chief Jagdeep Bachher is undoubtedly a fan of Fong, “a rare holdover” from before Bachher joined and one who’s been promoted several times since then. But Fong has relatively less experience as a leader, public face, and board liaison than some of his “seasoned, all-star” colleagues, such as ex-APG CEO Eduard van Gelderen (#12).

    50.罗杰文森特

    Senior Investment Officer at Cornell University

    总分:60/100

    Cornell’s ten-year return of 4.1 percent is among the worst of any endowment, and its investment office has suffered chronic CIO turnover. Still, insiders say Vincent, who briefly served as interim co-CIO in 2016 — has had a “strong career” there. It doesn’t hurt that he’s “got a presence when he comes into a room” — a good trait in a future leader.

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