Hundreds attend a celebration of chief investment officers capping a historic year.
I n an overdue night of celebration, some 320 chief investment officers, top managers, and friends gathered in New York City at Chelsea Piers for CIO’s Industry Innovation Awards. It was the first such gathering since 2019.
The award ceremony caps a historic year for many chief investment officers who oversaw record-breaking returns. The winners were scored and chosen by their CIO peers across the industry, from public and private funds to foundations, endowments, and sovereign wealth funds. All the winners had not been chosen for an award in their category in the past.
The festive day began with the Influential Investors Forum, where allocators and select asset managers discussed topics that ranged from interest rates to investing in China. The last panel featured a competitive hotseat panel with NextGens from CIO’s summer series on rising allocator stars within the industry. Following the panel, allocators and select managers in the room voted by paper ballot for the NextGen of the Year, announced at the dinner celebration.
Highlights of the night included a fascinating discussion about the future of fiat currency and Bitcoin at the Portfolios Revisited panel, a suspenseful hotseat panel, and an emotional speech from Jonathan Glidden of Delta Air Lines, this year’s winner of CIO of the year.
The winners for this year’s CIO Industry Innovation Awards are:
Public Defined Benefit Funds $100 Billion and Above
C. William Cary
Employees’ Retirement System of Georgia (ERSGA) and Teachers Retirement System of Georgia (TRSGA)
Edwin Denson
State of Wisconsin Investment Board (SWIB)
Paul Greff
Ohio Public Employees Retirement System (OPERS)
Mansco Perry III WINNER
Minnesota State Board of Investment (SBI)
Anastasia Titarchuk
New York State Common Retirement Fund
Allyson Tucker
Washington State Investment Board (WSIB)
Eduard van Gelderen
Public Sector Pension Investment Board (PSP Investments)
Public Defined Benefit Funds From $21 Billion to $99 Billion
Scott Davis
Indiana Public Retirement System (INPRS)
Ray Joseph
Los Angeles Fire and Police Pensions (LAFPP)
Barry Kenneth
Pension Protection Fund (PPF)
Amy McGarrity
Colorado Public Employees’ Retirement Association (PERA)
Molly Murphy WINNER
Orange County Employees Retirement System (OCERS)
Andrew Palmer
Maryland State Retirement and Pension System (MSRA)
Public Defined Benefit Funds Below $21 Billion
Jeb Burns WINNER
Municipal Employees’ Retirement System (MERS) of Michigan
Farouki Majeed
School Employees Retirement System of Ohio (SERS)
Katherine Molnar
Fairfax County Police Officers Retirement System Public Pension
Andrew Spellar
Fairfax County Retirement Systems
Kristin Varela (interim)
Public Employees Retirement Association of New Mexico (PERA)
Jeremy Wolfson
Los Angeles Department of Water and Power (LADWP)
Sovereign Wealth Funds
Jeffrey Jaensubhakij
GIC
Abdiel Santiago
Fondo de Ahorro Panama
Ruchit Shah
Texas Treasury Safekeeping Trust Company
Robert “Vince” Smith WINNER
New Mexico State Investment Council (NMSIC)
B. Holland Timmins
Texas Permanent School Fund
Corporate Defined Benefit Plans Above $20 Billion
Douglas Brown
Exelon
Harshal Chaudhari
General Electric (GE)
Laurence Fulton
Verizon Investment Management Corporation (VIMCO)
Jeff Lewis WINNER
FedEx
Jeff Pickett
Stellantis N.V.
Valerie Sill
DuPont Capital Management
Corporate Defined Benefit Plans Below $20 Billion
Kathleen Lutito
CenturyLink Investment Management
Ian McKnight
Royal Mail
Thomas Mucha WINNER
Eastman Kodak
Elena Parrino
Altria
Dekia Scott
Southern Company
Corporate Defined Contribution Plans
Angie Buk
3M Investment Management Corporation
Jeanmarie Grisi
Nokia
Kathleen Lutito WINNER
CenturyLink Investment Management
Andy Ward
Formerly of Boeing (currently University of Chicago)
Health Care Plans
Jason Klein
Memorial Sloan Kettering
Alyssa Rieder WINNER
CommonSpirit Health
Philip Rotner
Boston Children’s Hospital
Stefan Strein
Cleveland Clinic
J.C. Stilley
University of Pittsburgh Medical Center (UPMC)
Most Collaborative
Tim Corbett
Massachusetts Mutual
Walter Kress WINNER
EY
Jinwen Chen, Ryan Dotson and Jeff Smith
Smithsonian Institution, working with Digital Asset Roundtable
“State of California CIOs”
including the state and city consortium of CIOs
“Health Care Posse”
Health care CIOs including Donna Snider at Hackensack Meridian Health, Syed Haque at Novant Health, and some 25 others
Risk Management
Harshal Chaudhari
General Electric (GE)
Edwin Denson
State of Wisconsin Investment Board (SWIB)
Jonathan Glidden WINNER
Delta Air Lines
Jonathan Grabel
Los Angeles County Employees Retirement Association (LACERA)
Bob Hunkeler
International Paper
Doug Brown
Exelon
Endowments
Seth Alexander WINNER
Massachusetts Institute of Technology (MIT)
Collette Chilton
Williams College
Jane Dietze
Brown University
Kathleen Jacobs
New York University (NYU)
Meredith Jenkins
Trinity Church Wall Street
Anne Martin
Wesleyan University
Scott Richland
California Institute of Technology (Caltech)
Scott Wilson
Washington University in St. Louis
Foundations
Rukaiyah Adams
Meyer Memorial Trust
Sam Gallo
University System of Maryland (USM) Foundation
K.C. (McClelland) Krieger
Eli Broad’s Family Office and the Broad Foundations
Ana Marshall
The William and Flora Hewlett Foundation
Nick Moakes
The Wellcome Trust
Carlos Rangel
W.K. Kellogg Foundation
Kim Sargent WINNER
The David and Lucile Packard Foundation
Efforts in Diversity
Cheryl Alston WINNER
Employees’ Retirement Fund of the City of Dallas (ERF)
Robin Diamonte
Raytheon Technologies
Elizabeth Hewitt
The Alfred P. Sloan Foundation
Eric Doppstadt
Ford Foundation
Carlos Rangel
W.K. Kellogg Foundation
Anastasia Titarchuk
New York State Common Retirement Fund
Juan Martinez
Knight Foundation
Efforts in ESG
Chris Ailman WINNER
California State Teachers’ Retirement System (CalSTRS)
Jonathan Grabel
Los Angeles County Employees Retirement Association (LACERA)
Tom Joy
Church of England
Michael Larson
Bill and Melinda Gates Foundation
David Lee
Chan Zuckerberg Initiative
Geraldine Leegwater
PGGM
Elizabeth McGeveran
McKnight Foundation
Consultant of the Year
Celia Dallas
Cambridge Associates
Allan Emkin
Meketa Investment Group
Russ Ivinjack
Aon
Taylor Mammen
RCLCO Fund Advisors (RFA)
Heidi Poon WINNER
Aksia
Liability-Driven Investing (LDI)
Goldman Sachs Asset Management
Insight Investment
NISA Investment Advisors WINNER
PIMCO
Wellington Management
Western Asset Management Company
OCIO
Bank of America
Goldman Sachs
Investment Office Resources WINNER
PNC Institutional Asset Management
State Street Global Advisors (SSGA)
Vanguard
Defined Contribution Plans
Albourne
BlackRock
Empower
J.P. Morgan WINNER
T. Rowe Price
Diversity
Goldman Sachs
KKR
Foresite Capital
Northern Trust Asset Management WINNER
Nuveen
Xponance
ESG
Aetos Alternatives Management
BlackRock WINNER
DoubleLine
KKR
Scientific Beta
TOBAM
TPG
Corporate Strategies
BlackRock
Columbia Threadneedle
John Hancock
Legal & General WINNER
NISA Investment Advisors
PIMCO
Starboard Capital Partners
Data and Technology
Aladdin
Albourne
Backstop Solutions Group WINNER
DiligenceVault
Empower
Moody’s PFaroe
MSCI
Solovis
Emerging Markets
Acadian Emerging Markets
AllianceBernstein
Asia Alternatives WINNER
Channing Global Advisors
Lazard
Man Numeric
State Street Global Advisors (SSGA)
Public Fixed Income
Fidelity
Goldman Sachs
Income Research + Management (IR+M) in Boston
Legal & General WINNER
Neuberger Berman
Prudential
Pugh Capital Management
Hedge Funds
Banner Asset Management
Balyasny Asset Management (BAM)
Heard Capital WINNER
Lone Peak Partners Management
PAAMCO Prisma
Stable Asset Management
Standard General
Starboard Capital Partners
Multi Assets
BlackRock WINNER
J.P. Morgan
Kepos Capital
PGIM – Institutional Plans
PIMCO
RockCreek
Private Credit
Abax Global Capital
AlbaCore Capital Group
Canvas Capital
Kerberos Capital Management
MGG Investment Group WINNER
Napier Park Global Capital
Private Equity
Balderton Capital
Blackstone WINNER
Cullen Group
Dyal Capital Partners (a subsidiary of Neuberger Berman)
K1 Investment Management
RedBird Capital Partners
Silicon Valley Capital Partners
Public Equity
Acadian Asset Management
American Funds
Baillie Gifford WINNER
EARNEST Partners
Frontier Asset Management
T. Rowe Price
Vontobel Asset Management
Real Assets
AEW
Apollo Aviation Group
Blackstone
Cohen & Steers WINNER
Global Infrastructure Partners (GIP)
Grain Management
Primary Wave Investment Management
Transition Management
Abel Noser
BTIG
Citigroup
Macquarie Group
Northern Trust
Parametric Portfolio Associates WINNER
Pavilion Global Markets
NextGen of the Year Finalists
Alex Ambroz
Director, Cleveland Clinic Investment Office
Evril Clayton Jr. WINNER
Deputy Director of Global Equity, New York State Common Retirement Fund
Samantha Foster
Managing Director, University of Southern California Endowment
Lauren Jacobson
Managing Director, Columbia Investment Management Company
Jason Rector
Managing Analyst, State of Wisconsin Investment Board (SWIB)
Jonathan Glidden WINNER
Delta Air Lines
CIO would like to extend a special thank you to our CIO advisers this year*:
- Chris Ailman, California State Teachers’ Retirement System (CalSTRS);
- Mark Baumgartner, Carnegie Corporation of New York;
- Tim Brennan, Unitarian Universalist Association;
- Elizabeth Burton, Employees’ Retirement System State of Hawaii;
- Marcus Frampton, Alaska Permanent Fund Corporation (APFC);
- Jonathan Grabel, Los Angeles County Employees Retirement Association (LACERA);
- David Holmgren, Hartford Healthcare;
- Bob Hunkeler, International Paper;
- Leslie Lenzo, Advocate Aurora Health;
- Kim Lew, Columbia Investment Management Company;
- Charmel Maynard, University of Miami;
- Mansco Perry, Minnesota State Board of Investment;
- Carlos Rangel, WK Kellogg Foundation Trust; and
- Ash Williams, newly retired from the Florida State Board Administration (FLSBA).
*No CIO adviser self-nominated or judged categories in which they were finalists.
Stay tuned! The CIO editorial team will feature winner profiles in the near future.