Congratulations to Kim Lew! The chief investment officer of Carnegie Corporation of New York has been named CIO of the year by her peers, who recognized Lew for her leadership in the sector and for her long-term investment performance.
On June 6, Institutional Investor Institute, a part of Institutional Investor magazine, honored Lew at its 2017 Endowments & Foundations Roundtable awards, which were presented at the Harvard Club in Boston as part of the organization’s annual conference.
“I am incredibly fortunate to be able to work at an organization that values the role of the investment department and respects the work that we do,” said Lew. “As a result, we have the freedom to be contrarian and invest for the long term, which can result in short-term underperformance in the service of long-term outperformance. The Corporation’s investment team has done well because we are empowered to do great work, and I am proud to lead this team.”
Earlier this year, the organization issued a call for nominations among its 3,000 members. The executive staff of Institutional Investor then selected award nominees based on how strongly the candidates—those put forward by members and those independently identified by the executive staff—meet the following criteria: excel in investing and innovation; achieve and position their plans for a long-term performance; successfully construct and manage complex portfolios; and lead by example by mentoring and motivating their investment teams.
“The chairman of the board of trustees, Gov. Thomas Kean, all of our trustees, including Geoff Boisi, who oversees the investment committee, and the entire Carnegie Corporation of New York staff join me in congratulating Kim Lew—we are immensely proud of all that she has accomplished and pleased to see her efforts recognized by the investment community with this honor,” said Vartan Gregorian, president of Carnegie Corporation of New York. “Kim just celebrated her tenth year with the Corporation, and we are grateful for her success in growing the foundation’s endowment, which has provided additional resources, and has permitted us to further our founder’s mission nationally and internationally.”
Other 2017 Endowments & Foundations Roundtable award winners include:
Emerging Leader
Matthew Sherwood, Senior Manager, Public Markets Investments, Ministers and Missionaries Benefit Board (MMBB) Financial
Emerging Leader
Chris Gill, Director, Public Markets, Georgetown University
Emerging Leader
Dan Parker, Deputy CIO, Texas Tech University System
Alpha Generation
Dartmouth College
Innovator of the Year
Anthony O'Toole, Chief Financial and Investment Officer, Truth Initiative
Lifetime Achievement
John Pomeroy, CIO, The Pennsylvania State University
(Photo: Carolyn Leven)
