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Board of Trustees

Meet the Teams

Meet the investment professionals committed to serving our community.

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Our Board Members

Mark J. P. Anson, Ph.D.

Mark J. P. Anson, Ph.D.

Trustee (ex-officio)

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Mark J. P. Anson, Ph.D.

Trustee (ex-officio)

Board of Trustees

Mark Anson is head of Commonfund, Chief Investment Officer, and the Chairman of the Boards of Commonfund Capital, Inc. and Commonfund Asset Management Company, Inc.  Previously, he was the President and Chief Investment Officer for the Bass Family Office, which was recognized as Family Office of the Year for 2014 and 2015. He was the President of Nuveen Investments, a full-service asset management company with over $250 billion in assets under management. Prior to Nuveen, Mark served as the Chief Executive Officer and Chief Investment Officer for the British Telecom Pension Scheme (“BTPS”), the largest institutional investor in the UK with assets of £65 billion. In addition, Mark was the CEO of Hermes Pensions Management in London, a £55 billion asset management company that is wholly owned by the BTPS. Prior to joining BTPS, he served as the Chief Investment Officer of the California Public Employees’ Retirement System, the largest pension fund in the United States with over $300 billion in assets. Mark is currently on the Committee of the UAW Retiree Medical Benefits Trust. He also serves on the Editorial Board of MSCI-Barra, the Board of the Northwestern University School of Law, the Toigo Foundation, and the Board of the Chartered Alternative Investment Association. He is a past member of the Board of Governors for the CFA Institute. Mark has published over 100 investment articles in professional journals and has won three Best Paper Awards. He is also the author of five financial textbooks including the Handbook of Alternative Assets, which is the primary textbook used for the Chartered Alternative Investment Analyst program. Mark earned a B.A. in Economics and Chemistry from St. Olaf College, a Ph.D. and Masters in Finance from Columbia University Graduate School of Business, and a J.D. from Northwestern University School of Law, all with honors. He has also received several industry awards in recognition of his leadership in asset management. Last, Mark has earned the Chartered Financial Analyst, Chartered Alternative Investment Analyst, Certified Public Accountant, and Chartered Global Management Accountant professional degrees, and he is a member of the Bar of the State of New York.

Dr. Robert B. Litterman

Dr. Robert B. Litterman

Chairman


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Dr. Robert B. Litterman

Chairman

Board of Trustees

Bob Litterman is the Chairman of the Risk Committee and a founding partner of Kepos Capital, a New York City based systematic global macro firm.  Prior to joining Kepos Capital in 2010, Bob enjoyed a 23-year career at Goldman, Sachs & Co., where he served in research, risk management, investments and thought leadership roles. He oversaw the Quantitative Investment Strategies Group in the Asset Management division. While at Goldman, Bob also spent six years as one of three external advisors to Singapore’s Government Investment Corporation (GIC). Bob was named a partner of Goldman Sachs in 1994 and became head of the firm-wide risk function; prior to that role, he was co-head of the Fixed Income Research and Model Development Group with Fischer Black. During his tenure at Goldman, Bob researched and published a number of groundbreaking papers in asset allocation and risk management. He is the co-developer of the Black-Litterman Global Asset Allocation Model, a key tool in investment management, and has co-authored books including The Practice of Risk Management and Modern Investment Management: An Equilibrium Approach (Wiley & Co.). Bob earned a Ph.D. in Economics from the University of Minnesota and a B.S. in Human Biology from Stanford University. He was inducted into Risk Magazine’s Risk Management Hall of Fame and named the 2013 Risk Manager of the Year by the Global Association of Risk Professionals. In 2012, he was the inaugural recipient of the S. Donald Sussman Fellowship at MIT's Sloan School of Management. In 2008, Bob received the Nicholas Molodovsky Award from the CFA Institute Board as well as the International Association of Financial Engineers/SunGard Financial Engineer of the Year Award. Bob serves on a number of boards, including Options Clearing Corporation, Resources For the Future, Robert Wood Johnson Foundation, the Sloan Foundation, and World Wildlife Fund.

David M. Barrett, M.D.

David M. Barrett, M.D.

Trustee


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David M. Barrett, M.D.

Trustee

Board of Trustees

Dr. Barrett is Emeritus Anson L. Clark Professor of and Chair of the Department of Urology at The Mayo Clinic.  Dr. Barrett previously served as the President and Chief Executive Officer of Lahey Clinic (Burlington, MA) and was a member of its Board of Trustees and Chair of the Board of Governors. Before joining Lahey in September 1999, he had a long and distinguished career as a physician, teacher and administrator at Mayo Clinic in Rochester, Minn. A native of Michigan, Dr. Barrett received his bachelor’s degree from Albion College and his medical degree from Wayne State University School of Medicine. From 1970-72, he served as a flight surgeon during the Vietnam War and was Chief of the Aeromedical Service at Cam Rahn Bay Air Base. Following his military service, Dr. Barrett trained at Mayo Clinic as a resident in general surgery and in urology. He became a staff physician at Mayo in 1975 and served as chair of the Department of Urology throughout most of the 1990s. He also served as vice chair of Mayo’s Board of Governors.  Dr. Barrett is an honorary Trustee at Albion College and former Trustee at the Lahey Clinic and Mayo Clinic.

Douglas T. Breeden

Douglas T. Breeden

Trustee


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Douglas T. Breeden

Trustee

Board of Trustees

Douglas T. Breeden is the William W. Priest Professor of Finance and former Dean of Duke University’s Fuqua School of Business.  He also served on faculties at Chicago Booth, Stanford and North Carolina, where he was the Dalton McMichael Professor of Finance. He was the Fischer Black Visiting Professor of Financial Economics at MIT’s Sloan School in 2011-2013 and won an ”Outstanding Teacher” award. Breeden published seminal research on insurance prices implicit in option prices, the Consumption CAPM, and hedging mortgage securities. His current research (with Robert Litzenberger) is on “Central Bank Policy Impacts on the Distribution of Future Interest Rates,” which won a Roger Murray Prize from the Q-Group.  He has presented this research to the New York and Minneapolis Federal Reserve Banks, the (central) Bank of England, the Bank of Italy and the Bank of France. Breeden was Associate Editor of 5 top journals and Founding Editor of the Journal of Fixed Income.  He was elected to the Board of Directors of the American Finance Association and in 2010 a lifetime Fellow.   The International Association for Quantitative Finance named Breeden “Financial Engineer of the Year 2013” for being an “industry pioneer.” Breeden holds a Ph.D. in Finance from Stanford and an S.B. from M.I.T. He served on the MIT President’s Council, the Sloan School Visiting Committee and the Stanford Business School Advisory Council.  Dr. Breeden is a senior independent consultant to Amundi Pioneer Asset Management and is on the Board of Trustees of Commonfund.

Elizabeth Huidekoper

Elizabeth Huidekoper

Trustee

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Elizabeth Huidekoper

Trustee

Board of Trustees

Ms. Huidekoper retired in 2015 from her job as Executive Vice President for Finance and Administration at Brown University in Providence, Rhode Island. She served in that role for thirteen years. Prior to her time at Brown, she worked at Harvard University ending as the Financial Vice President. Ms. Huidekoper currently serves as Treasurer and a member of the Board of Our Sisters School (OSS), a middle school for inner city girls in the New Bedford, Ma area. OSS is a client of the Commonfund. She is also on the Board of the Vallee Foundation based in Boston. The foundation serves to advance international medical education and biomedical research. She serves on the Board of the Southcoast Hospital System in southeastern Massachusetts where she chairs the audit committee. She is also a member of the Massachusetts Design Art & Technology Institute board, an entity promoting Design, Art and Technology in New Bedford and Southeastern Mass. She is on the finance committees of the New Bedford whaling Museum and the Zeitetion Performing Arts Center also in New Bedford. Finally, in 2015 Ms. Huidekoper was appointed by the Mayor of Providence and Governor of Rhode Island to serve as a Commissioner on the I-195 Redevelopment District Commission. The Commission was created in late 2011 to foster economic development on land in downtown Providence created by the relocation of Interstate 195.

Keith M. Schappert

Keith M. Schappert

Trustee


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Keith M. Schappert

Trustee

Board of Trustees

Keith Schappert has spent over 40 years in the asset management business and is currently the President of Schappert Consulting, LLC, a firm focused on the business of investment management. Much of Mr. Schappert’s career was spent at JP Morgan where he served in a number of different capacities. After joining the firm upon graduation from college, he started on the trading desk in 1973, managed fixed income portfolios, headed the fixed income group, was promoted to Vice Chairman overseeing Global Fixed Income, Sales, Marketing, Alternative Investments, Real Estate and Oil and Gas. He was named the President and CEO of JP Morgan Investment Management and a member of JP Morgan’s senior management. He retired from Morgan after 30 years upon the sale of the firm to Chase Bank. Following his career at Morgan, Mr. Schappert accepted the role of President and CEO of the Federated Investment Advisory Companies where he was responsible for all investment management activities. Following Federated he was named the Vice Chairman and Regional Head of the Americas for Credit Suisse Asset Management focusing on strategic planning. Before starting his consulting practice, Mr. Schappert was a Vice Chairman and member of the Advisory Committee of OneCapital, a hedge fund of funds. In addition to the Commonfund, his current board responsibilities include being a director of Mirae Asset Management Discovery Funds, a director of Angel Oak Multi Strategy Fund and a director of Smithfield Trust Company. His past board responsibilities include being a trustee of the MetLife Series Trust, Trilogy Global Advisors,a director of Calamos Investments and a trustee and head of the Endowment Fund for Berkshire School. Mr. Schappert graduated from Harvard College Cum Laude General Studies in 1973 with an AB in Government.

Dr. William E. Trueheart

Dr. William E. Trueheart

Trustee


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Dr. William E. Trueheart

Trustee

Board of Trustees

Dr. Bill Trueheart, formerly Chief Executive Officer of Achieving the Dream, he previously served as President and Chief Executive Officer of The Pittsburgh Foundation for six years until October, 2007. Before joining The Pittsburgh Foundation, he served as President and Chief Executive Officer of Reading Is Fundamental, Inc. Prior to that, he was President of Bryant University (formerly Bryant College) in Rhode Island. He also served Bryant University as Executive Vice President and a member of its Board of Trustees. He was Associate Secretary of Harvard University in its Office of Governing Boards and Assistant Dean and Director of the Master in Public Administration Program at the Harvard Kennedy School. After serving Bryant University for ten years, Dr. Trueheart returned to Harvard as a Visiting Scholar. At the University of Connecticut, he served as the Dean of Undergraduate Academic Affairs in the College of Liberal Arts and Sciences, Assistant to the President, and American Council on Education Fellow. He currently serves as Chairman Emeritus of the Board of Directors of Independent Sector, and on the Boards of the Commonfund, the University of Pittsburgh, the Allegheny Conference on Community Development, the Nellie Mae Education Foundation, the Johnson and Wales Corporation, and Highmark Blue Cross/Blue Shield. He is a member of the National Panel on the Nonprofit Sector, and is a member of the Advisory Board for the Commonfund Benchmarks Study of Foundations. He has serviced as the co-chair of the Pittsburgh Mayor’s Commission on Public Education, the chairman of the Rhode Island Independent Higher Education Association, the vice chairman of the National Council of Presidents of the Association of Governing Boards of Universities and Colleges, and on the Visiting Committee service at Harvard Kennedy School. Past board directorships include Fleet National Bank, Fleet National Bank Southern New England Banking Group, Narragansett Electric Company, New England Education Loan Marketing Corporation, the Rhode Island Public Education Fund, National Education Fund Network, Woods Hole Oceanographic Institute, the Rhode Island Children’s Crusade, the American Institute of Certified Public Accountants (AICPA), and the AICPA Foundation. He earned his BA in political science and economics at the University of Connecticut, his MPA at the Harvard Kennedy School, and his EdD at the Harvard Graduate School of Education.

Michael J. Warren

Michael J. Warren

Trustee


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Michael J. Warren

Trustee

Board of Trustees

Michael J. Warren is the Global Managing Director of Albright Stonebridge Group (ASG), a premier global strategic advisory firm.  In this role, Mr. Warren leads strategic growth initiatives at ASG and advises clients on international growth strategies, stakeholder management issues, and economic and geopolitical issues affecting global markets. He previously served two terms as the firm's Managing Principal (2013-2017). Mr. Warren brings many years of leadership in financial services, international business, and government policy.  He serves on the boards of a number of institutional investors. He is a Trustee of the District of Columbia Retirement Board, DC’s public pension fund, where he served two terms as Chairman and currently serves as Vice Chair of the Investment Committee.  In 2010, Mr. Warren was appointed by President Obama to serve as a member of the Board of Directors of the Overseas Private Investment Corporation, the U.S. development finance institution, where he chairs the Audit Committee. He is also a member of the Board of Directors of Walker and Dunlop, a real estate finance company. During the first term of the Obama Administration, Mr. Warren served as Senior Advisor in the White House Presidential Personnel Office, overseeing the appointments process for the economic agencies in the U.S. Government. He was also a member of the Obama-Biden Presidential Transition as co-lead for the Treasury and Federal Reserve agency review teams. Previously, Mr. Warren worked at McKinsey & Company, where he was based in the U.S. and South Korea, both as a strategic consultant in the technology and financial institutions practices and as a fellow of the McKinsey Global Institute.  He has also held senior operating positions at two high-growth companies.  During the Clinton Administration, Mr. Warren served in the White House as Executive Director of the National Economic Council and at the U.S. Department of Labor in the Office of the Secretary. A native of Indiana, Mr. Warren graduated from Yale University and from Balliol College, University of Oxford, where he was a Rhodes Scholar.  He serves on the Yale School of Management’s Board of Advisors, on the Yale President’s Council for International Activities, and on the Global Leadership Council for Said Business School at the University of Oxford.

Bruce E. Zimmerman

Bruce E. Zimmerman

Trustee, Vice Chairman

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Bruce E. Zimmerman

Trustee, Vice Chairman

Board of Trustees

Bruce Zimmerman is the Chief Investment Officer for the Dalio Family Office and Philanthropies. Prior to that he was the CEO and Chief Investment Officer of The University of Texas Investment Management Company (UTIMCO) where he served for nearly a decade until October 2016. Prior to UTIMCO, Mr. Zimmerman was CIO and Global Head of Pension Investments at Citigroup. Previously at Citigroup, Bruce had been CFO and Chief Administrative Officer for Citigroup Alternative Investments, which invested over $90B in proprietary and client capital. Before joining Citigroup, Mr. Zimmerman spent approximately thirteen years at Texas Commerce Bank/JPMorgan Chase in a variety of capacities including Merger and Acquisition Investment Banking, Internet and ATM Retail Management, Consumer Marketing and Financial Planning, Strategy and Corporate Development. Prior to joining Texas Commerce Bank/JPMorgan Chase, Bruce was a Manager at Bain & Company in their Boston office. Mr. Zimmerman graduated Magna Cum Laude with a Degree of Distinction from Duke University and received a MBA from Harvard Business School where he graduated with First and Second Year Honors. Mr. Zimmerman serves on the Board of Trustees of the Commonfund, the Boards of two Oaktree managed BDC’s, and on the Board of the Beneficient Company.

Trustees of the Board are elected to serve three year terms after which they are reviewed by the Governance Committee of the Board to assess whether they will be recommended to the Board and the membership for re-election for an additional three year term.

The full Board of Trustees holds four regular meetings per year; each meeting, with related committee meetings, requires between one and two days of time. In addition, Trustees are expected to spend time between regular meetings consulting with management and other members of the Board, and working with committees to which they are assigned.

The Board as a whole exercises general supervisory authority with respect to investment matters and they are responsible for reviewing and approving the operating budget of Commonfund and for overseeing the financial management of the Commonfund organization as a whole.

The boards of directors of the various subsidiaries of Commonfund are staffed with members of management, with the exception of Commonfund Capital, Inc., which has a Board of Directors that includes members who are independent of Commonfund management.

Read more about our governance structure and philosophy