The organizations´ boards comprise experienced institutional investors, including the chief investment officers of leading endowments and foundations. Board and committee assignments are listed after each name. TAS refers to TIFF Advisory Services, a regulated investment advisor; TEF refers to the TIFF Education Foundation, a private operating foundation; and mutual fund refers to the family of mutual funds that bear the TIFF name.
Seth Alexander is President of MIT Investment Management Company (Cambridge, MA). He was formerly a director at the Yale Investments Office. He is a CFA charterholder. [TAS board chair, TAS governance committee, TAS compensation and finance committee]
Craig Carnaroli is Executive Vice President of the University of Pennsylvania in Philadelphia, Pennsylvania, where he oversees the university's business affairs, including budget, finance investments, facilities, real estate, and human resources. Previously, he was a Director in the Municipal Securities Division of Merrill Lynch. Mr. Carnaroli is chair of the University City District and the University City Science Center and serves on the boards of the Philadelphia Industrial Development Corporation, the Greater Philadelphia Tourism and Marketing Corporation, and the Connelly Foundation. [mutual fund board, mutual fund audit committee, mutual fund governance committee, mutual fund investment oversight committee]
Ashvin Chhabra is Chief Investment Officer of the Institute for Advanced Study in Princeton, New Jersey. He was formerly Managing Director and Head of Wealth Management Strategies and Analytics at Merrill Lynch and Chair of the firm's Strategic Asset Allocation Committee. Previously, he was Head of Quantitative Research at the J.P. Morgan Private Bank. Dr. Chhabra serves on the Board of Fellows of the Mathematics in Finance Program at New York University's Courant Institute of Mathematical Sciences, is a member of the Financial Analysts Seminar Board of Regents of the CFA Institute, and is a Trustee of the Stony Brook Foundation, where he also serves as Chair of the Investment Committee. [TAS board, TAS audit committee, TAS risk management committee]
Collette Chilton is Chief Investment Officer of Williams College (Williamstown, MA). She was formerly CIO of the Lucent Technologies Inc. pension fund and of the Pension Reserves Investment Management Board of the Commonwealth of Massachusetts. Prior to these posts, she worked at First National Bank of Boston and Citicorp Investment Bank. She is a member of the investment committees of Dartmouth College and the Edna McConnell Clark Foundation and serves on the board of the Center for Private Equity and Entrepreneurship at The Tuck School of Business at Dartmouth. [TAS board, TAS audit committee, TAS governance committee chair]
John Craig is Executive Vice President and Chief Operating Officer of The Commonwealth Fund (New York, NY). He also serves as Chairman of the Nonprofit Coordinating Committee of New York City and on the boards of the Greenwall Foundation, the International Women's Health Coalition, and the National Center on Philanthropy and the Law. [TEF board, TEF audit committee chair, TEF governance committee]
Richard Flannery is Chief Executive Officer of TIFF Advisory Services and President and Chief Executive Officer of TIFF's family of mutual funds. He was formerly Executive Vice President of the global money management firm Delaware Investments. He serves on the board of Mercy Investment Services, Inc., and on the board of The Nelson Foundation. [TAS board]
Sheryl Johns is Executive Vice President of Houston Endowment Inc. (Houston, TX). She was formerly a manager with the accounting firm Ernst & Young. She is a certified management accountant as well as a certified public accountant. [TEF board chair, TEF audit committee, TEF governance committee, mutual fund board, mutual fund audit committee chair, mutual fund governance committee, mutual fund investment oversight committee]
Laurence Lebowitz is President and Chief Investment Officer of TIFF Advisory Services. He was formerly Chairman and Managing Director of the multi-strategy investment firm HBK Capital Management. He has served as a trustee and investment committee member of numerous nonprofits, most recently those focusing on medicine, the arts, and education. [TAS board]
Richard Lindsey is Chief Executive Officer of the Callcott Group LLC, a New York-based consulting firm specializing in risk management and portfolio allocation. He is also Chairman of the International Association of Financial Engineers and serves as the independent director for the Options Clearing Corporation. Previously, he was a finance professor at Yale University, Chief Economist and Director of Market Regulation at the Securities and Exchange Commission, and, until December 2006, President of Bear, Stearns Securities Corp. [TAS board, TAS compensation and finance committee chair, TAS risk management committee]
Erik Lundberg is Chief Investment Officer at the University of Michigan. He was formerly a corporate investment strategist, overseeing pension and other plan assets. He is a CFA charterholder. [TAS board, TAS audit committee chair, TAS risk management committee]
Scott Malpass is Vice President and Chief Investment Officer at the University of Notre Dame in Notre Dame, Indiana. He has served as CIO since 1989. Previously, he worked at Irving Trust (now Bank of New York). Mr. Malpass teaches investment and portfolio management at Notre Dame's Mendoza College of Business, and he serves on the investment advisory committee for Major League Baseball and for the Financial Industry Regulatory Authority (FINRA). He also serves on the board of Saint Joseph Regional Medical Center and advises numerous US charities on their investments. [TAS board, TAS governance committee, TAS risk management committee chair]
Bill McCalpin is Managing Director of Holos Consulting LLC. He is the former Executive Vice President and Chief Operating Officer of The Rockefeller Brothers Fund, where he was responsible for finance, investment management, information technology, communications, and grants administration. Prior to assuming his position with The Rockefeller Brothers Fund, Mr. McCalpin was director of investments related to programs at the John D. and Catherine T. MacArthur Foundation in Chicago. He was a founding director of TIFF and is a director of the F.B. Heron Foundation. He currently serves as Chair of the Board of Trustees of the Janus Funds. [mutual fund board chair, mutual fund audit committee, mutual fund governance committee chair, mutual fund investment oversight committee]
William McLean is Vice President and Chief Investment Officer of Northwestern University (Evanston, IL). He was formerly Senior Managing Director of asset and investment management of the John D. and Catherine T. MacArthur Foundation and an investment officer at The Duke Endowment. He sits on investment advisory committees for the Mayo Clinic and the National Collegiate Athletic Association. [TEF board, TEF audit committee, TEF governance committee chair]
N.P. "Narv" Narvekar is President and Chief Executive Officer of The Columbia Investment Management Co. (New York, NY), which manages Columbia University's endowment. He was formally Managing Director of Investments at the University of Pennsylvania and a Managing Director at J.P. Morgan, where he focused on equity derivatives and private placements. He serves as a trustee of The Chapin School. [mutual fund board, mutual fund audit committee, mutual fund governance committee, mutual fund investment oversight committee chair]
Sandra Robertson is Chief Investment Officer and Chief Executive Officer of Oxford University Endowment Management Ltd. in Oxford, UK. Previously, she was Co-Head of Portfolio Management at the Wellcome Trust. She also serves as a non-executive director of RIT Capital Partners plc, formerly the Rothschild Investment Trust, and as a director of the Sequoia Capital Heritage Fund. [TAS board, TAS governance committee, TAS compensation and finance committee]
David Salem is Managing Partner and Chief Investment Officer of The Windhorse Group, an investment firm serving high net worth individuals with multiple offices in the US. He joined TIFF as its founding President and Chief Investment Officer in January 1993 and served in these capacities through August 2010. Previously, Mr. Salem was a partner in the Boston-based money management firm GMO. He currently serves as President and a director of the TIFF Education Foundation and is a member of the investment committee of The Atlantic Philanthropies. [TEF board]
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