Pushing back on PE and HF fees. Interview: Paul Matson, AZ Retir. system
by charles | Comments are closed11/30/2011
Pushing back on fees; Talking to the top guns
Comings and goings: Alaska, New York, Illinois, California, and Connecticutt
What we’re reading: Pushing back on private equity and hedge fund fees
The view from Phoenix: A conversation with Paul Matson, AZ Retirement System
Read More »Skorina Top 50 Chief Investment Officer Salary List
by charles | Comments are closed11/08/2011
Here’s a stripped-down version of our larger database which charts the compensation of the fifty highest-earning chief investment officers. We don’t recall seeing such a thing elsewhere and we thought it might be of interest to our readers.
Our internal document contains many more names, numbers, and details, but we’re not going to give away all the good stuff.
Top 50 CIO Salaries, FY 2009
|
CIO |
Nonprofit |
AUM $bn |
Total Comp |
W2 Comp |
Non-W2 Comp |
|
|
1 |
Mendillo, Jane |
Harvard U (HMC) |
27.6 |
$4,754,379 |
$3,498,265 |
$1,256,114 |
|
2 |
Swensen, David F. |
Yale U |
16.7 |
$3,795,540 |
$3,715,724 |
$79,816 |
|
3 |
Narvekar, Nirmal |
Columbia U (CIMC) |
6.5 |
$3,447,953 |
$1,980,746 |
$1,467,207 |
|
4 |
Malpass, Scott C. |
U Notre Dame |
5.2 |
$2,057,827 |
$1,532,859 |
$524,968 |
|
5 |
Hoagland, Laurance |
Hewlett Fdn |
7.4 |
$2,015,635 |
$1,919,117 |
$96,518 |
|
6 |
Schmid, Mark |
U Chicago |
5.6 |
$1,790,730 |
$1,019,070 |
$771,660 |
Consultants: What are they good for?
by charles | Comments are closed10/04/2011
Search: Chief Hedge Fund Strategist, Comings and Goings, Are consultants worth it?
Russell Read: Russell of Arabia
Skorina (and a valued client) are seeking a Chief hedge fund strategist
Consultants: What are they good for?
Read More »U Maryland CIO search. Breakfast with Roz Hewsenian, CIO of The Helmsley Trust
by charles | Comments are closed09/27/2011
| U Maryland seeks CIO, new CIOs and salaries, interviews |
| University System of Maryland Foundation (and Skorina) seeks a CIO: |
| Comings & goings & salaries |
| Breakfast with Roz Hewsenian, CIO of The Helmsley Trust |
Should smaller endowments and foundations manage their own money?
by charles | Comments are closed08/31/2011
Special report – Should smaller endowments and foundations manage their own money?
The Zen of In-sourcing: Can small institutional funds resist the out-sourcers? Should they even try?
What is the sound of one small institution managing its own money? It’s not very loud, apparently, compared to the racket from all the people who want to do it for them.
Should smaller tax-exempt funds just give up managing their own portfolios and succumb to the siren song of outsourcing? I think the answer is: Not necessarily.
In a previous letter I presented mini-case-histories of two smallish college endowments which recently chose to outsource.
In this special issue, I look at the other side: some small funds which have eschewed outsourcing, and are doing just fine, thank you very much. Reports from the field suggest that resistance to outsourcing may not be futile at all.
Further below: we gather some wisdom from Jack Rich, CIO at Abilene Christian University; and, for you left-brainers, some statistics — my take on how many institutions are in this “small investor” category.
— CAS
Read More »