Mark Baumgartner is Carnegie Corporation of New York’s chief investment officer, responsible for overseeing the foundation’s endowment.
Prior to joining the Corporation, he was CIO at the Institute for Advanced Study, a research institution supporting a community of scholars in Princeton, New Jersey. He has also served as director of asset allocation and risk at the Ford Foundation and as cohead of Morgan Stanley’s Global Portfolio Solutions group.
Prior to Morgan Stanley, Baumgartner was a portfolio manager at two hedge funds: Quantal Asset Management, a quantitative equity market neutral fund, and Strategy Capital, a fundamental long/short equity fund. He began his career as a management consultant at the Boston Consulting Group, specializing in corporate venturing, mergers and acquisitions, and strategy development.
A member of the board of directors of The Investment Fund for Foundations (TIFF) and a trustee and chair of the investment committee for the YMCA Retirement Fund, Baumgartner has served on the board of directors and investment program committee for the Foundation Financial Officers Group (FFOG).
Baumgartner received a PhD in aerospace engineering and a certificate in public policy from Princeton University. He also holds the chartered financial analyst designation.
(Credit: Dan Komoda, Institute for Advanced Study)