AIM CIO Advisory Council

The more extraordinary people you are able to surround yourself with, the better you will become.
— Mindy Grossman

Our CIO Advisory Council serves as a forum for the exchange of ideas and insights among the members and with AIM13's team.  We are truly privileged to have these individuals serve on our council.


 

Michael Condon

Senior Vice President of Institutional Investments at Fund Evaluation Group, LLC
Former Chief Investment Officer, Southern Methodist University

Mike Condon, CFA is Senior Vice President of Institutional Investments at Fund Evaluation Group, LLC (FEG). Condon primarily works with Endowment and Foundation (E&F) clients within FEG’s outsourced chief investment officer (OCIO) service.   He has served over 20 years as CIO of three large endowments.  Most recently as CIO at Southern Methodist University, he led a 15-person office and was responsible for all aspects of investing the university’s $1.5 billion endowment. As CIO for the University of Arkansas Foundation, Condon oversaw a $1.1 billion endowment. During his 10-year tenure at Georgia Tech, the foundation endowment grew from $440 million to $1.5 billion.  Additionally, Condon is on the Editorial Committee for The Investment Institute, and on advisory Boards for Institutional Investor and Alternative Investment Management, LLC.

 


Jason Klein

Senior Vice President and Chief Investment Officer, Memorial Sloan Kettering Cancer Center

Jason Klein is Senior Vice President and Chief Investment Officer for Memorial Sloan Kettering Cancer Center, which he joined in 2008 to create the Investments Office. As CIO, Jason oversees $5+ billion in long term global investment assets and leads asset allocation, manager selection and risk management efforts. The MSK investments team has achieved peer-based recognitions for innovation, portfolio construction and investment achievement.

An active member of the endowment and foundation investment community, Jason is a member of the investment committees of Oxford University and The College Board and a member of the Investment Advisory Group of The Council on Foreign Relations; he is a current member of the Global Capital Markets Advisory Council for The Milken Institute and a former member of the Institutional Investor Advisory Council for the Managed Funds Association and of the investment committee of Wesleyan University. Jason is a member of The Council on Foreign Relations and The Economic Club of New York.

Previously, Jason was the Chief Investment Officer for The Museum of Modern Art and a Vice President and Principal in the private equity division of Lehman Brothers; he has also been an Equity Capital Markets Associate at Prudential Securities and a Commercial Credit Analyst at Chemical Bank. Jason earned an MBA from Wharton, a JD from The University of Pennsylvania Law School and a BA from Wesleyan University.


Lawrence Kochard

Chief Investment Officer, Makena Capital Management

Larry Kochard is the Chief Investment Officer and a Managing Director at Makena Capital Management. 

Larry was previously the chief executive officer and chief investment officer of UVIMCO for eight years. As CEO, Larry provided leadership for all aspects of UVIMCO’s operations and served as UVIMCO’s primary representative to the University, related foundations and the public. As CIO, Larry was responsible for the investment management of UVIMCO’s Long Term Pool, overseeing the asset allocation, portfolio management, risk management and manager selection activities of the investment staff. Prior to joining UVIMCO, Larry served as CIO at Georgetown University. From 2001 to 2004, he was managing director of equity and hedge fund investments for the Virginia Retirement System. From 1997 to 2004, he taught in the McIntire School of Commerce at the University of Virginia, first as an adjunct and later as a full-time assistant professor. 

He spent the early part of his career in debt capital markets at Goldman Sachs and corporate finance at Fannie Mae and DuPont. Larry received his B.A. in economics from the College of William & Mary, an M.B.A. degree in finance and accounting from the University of Rochester, and an M.A. and Ph.D. in economics from the University of Virginia.  He is a CFA charterholder.

He is on the Board of Directors of Janus Henderson Group, Inc. and Virginia Environmental Endowment and Chairman of the Investment Advisory Committee of the Virginia Retirement System. 

Larry was the 2015 winner of the Rodney H. Adams award for endowment management from the National Association of College and University Business Officers (NACUBO), which recognizes outstanding contributions to university endowment and investment management. Larry is a longtime moderator of the premier endowment and foundation industry conference, NMS, and is the author of several industry publications, including Foundation and Endowment Investing: Philosophies and Strategies of Top Investors and Institutions and more recently wrote the foreword of and was profiled in Inside The World’s Top Institutional Offices: Conversations With 80 Institutional Investors.


Erik Lundberg

Chief Investment Officer, University of Michigan

Erik Lundberg is the Chief Investment Officer at University of Michigan, responsible for directing the University’s more than $13 billion of investment programs, which includes the 9th largest endowment of an institution of higher learning.

Since joining the University as its first Chief Investment Officer in the fall of 1999, Mr. Lundberg has established the University’s Investment Office as a highly regarded institutional investor and has seen the endowment grow from being the 17th largest endowment when he joined to being 9th in size today with a value of $11 billion.  Mr. Lundberg received Institutional Investor Magazine’s Award for Excellence in Investment Management for Endowments in 2007 to recognize his outstanding achievement, was recognized as the endowment CIO of the decade, and has been listed among the top 25 CIOs globally by CIO magazine three years running.

Mr. Lundberg chairs the Investment Committee of the Skillman Foundation in Detroit, serves on the Detroit Renaissance Venture Capital Fund Board of Directors, Okabena Investment Services Investment Advisory Committee, the Agility Board, the investment committee of Boys Town, and is a member of the CIO Advisory Council of Alternative Investment Management, Inc. He has been a trusted advisor to TIFF (The Investment Fund for Foundations), State of Michigan’s Pension Funds, and Capital International’s Emerging Markets Growth Fund.

Mr. Lundberg is a CFA charterholder.


Paula Volent

Chief Investment Officer and Senior Vice President, Bowdoin College

Paula Volent, CFA is Chief Investment Officer and Senior Vice President at Bowdoin College, a private, residential college in Brunswick, Maine. At Bowdoin, Ms. Volent is responsible for the oversight and management of the College’s endowment. Prior to joining Bowdoin in July 2000, Ms. Volent was a Senior Associate at the Yale Investments Office. 

Ms. Volent has a BA from the University of New Hampshire; a Master’s Degree in Art History from the Institute of Fine Arts at New York University; a Certificate in Conservation from the Conservation Center at NYU, with a specialization in the conservation of works of art on paper; and an MBA from the Yale School of Management. Prior to focusing on endowment management, Paula worked as a paper conservator at the New-York Historical Society, the San Francisco Palace of Fine Arts, the LA County Museum of Art, and the National Gallery of Art in Washington DC. She also ran a private paper conservation studio in Los Angeles, California. She serves on the Board of Advisors of the Yale School of Management, a member of the Investment Committee of the Pritzker Family Foundation, a Trustee and member of the Investment Committee of the Maine Coast Heritage Trust, a member of the Advisory Board of Girls Who Invest, a Trustee of the Skowhegan School of Art and Painting, and an Investment Committee Member of the Rockefeller Foundation.