
Leading Hedge Fund Allocators
2019 Speakers

50 South Capital
Greg Jones, CFA, Vice President Hedge Funds
Greg Jones is a Research Analyst for 50 South Capital's Hedge Fund Investment Team. He focuses on sourcing and monitoring global macro, relative value, and systematic hedge fund investments. Prior to joining 50 South Capital, he was employed at Cliffwater LLC, where he was a Vice President on the firm's hedge fund research team. At Cliffwater, he was responsible for sourcing and performing due diligence on hedge fund managers, with a focus on the global macro family of strategies, including discretionary global macro, systematic global macro, CTAs, currency, and commodity hedge fund strategies. Prior to attending business school, Greg was an IT consultant for a boutique technology solutions firm. Greg received a BS in decision and information sciences from the University of Florida and an MBA from the University of Southern California. He is a Chartered Financial Analyst and a member of the CFA Institute.

Aberdeen Standard Investments
Kevin Lyons, Senior Investment Manager
Kevin Lyons is a Senior Investment Manager on the Hedge Funds Solutions Team and head of credit and fixed income strategies. Kevin joined Aberdeen in 2012 from Attalus Capital where he was a senior analyst covering relative value strategies. Prior to Attalus, Kevin worked for Morgan Stanley and Goldman Sachs within their Prime Brokerage groups. Kevin graduated with a BSc in Finance from University of Scranton and an MBA with a concentration in Finance from Fordham University.

Advanced Portfolio Management
Robert E. Kiernan III, Chief Executive Officer
Robert E. Kiernan III is the Chief Executive Officer of Advanced Portfolio Management LLC (APM), an investment management company based in New York City. Before founding APM, Mr. Kiernan spent nearly two decades in the capital markets with Salomon Brothers and Lehman Brothers, during which he was responsible for building, managing, and leading multiple global fixed income and investment banking businesses.
Prior to his capital markets career, Mr. Kiernan held several foreign policy positions in the first Reagan administration including appointments at USIA, the National Security Council, and the Department of State. He was also a member of the US Delegation to the United Nations Human Rights Commission.
Mr. Kiernan received an AB magna cum laude and an AM with distinction from the four-year AB/AM program at Boston College, and an MBA from the University of Chicago where he was a First National Bank Scholar. He also has studied as a graduate student at the Fletcher School of Law and Diplomacy and the University of Cambridge, and has been a Senior Fellow at the Kennedy School of Government at Harvard University where he led a seminar and research project onsocially responsible investing (SRI).
Currently, Mr. Kiernan serves as Chairman of the Board of Directors of Educate Girls Globally, and
as a member of the Advisory Board of the Center on Capitalism and Society at Columbia University, the Research Foundation Review Board of the CFA Institute, the Royal Institute of International Affairs (London), and the Council on Foreign Relations.

Alaska Permanent Fund Corporation
Marcus Frampton, CFA, CAIA, FRM, Chief Investment Officer
Marcus Frampton serves as the Chief Investment Officer for the Alaska Permanent Fund.
He joined APFC in September of 2012 and has served as the Director of Investments, Real Assets & Absolute Return. Prior to joining the APFC, Marcus held diverse roles ranging from investment banking (Lehman Brothers), private equity (PCG Capital Partners), and acted as an executive of a private equity backed portfolio company (LPL Financial). Mr. Frampton holds a BA in Business-Economics with a minor in Accounting from UCLA.

Aon
Allen Cheng, Associate Partner, Hedge Fund Research - New York Practice Lead
Allen, Associate Partner, manages the New York office of the Liquid Alternatives Research Group. He brings 30 years of alternative investment experience. Before joining Aon Hewitt in September 2014, he was Chief Investment Officer at Altegris Advisors where he managed the research group and was Co-Portfolio Manager of the firm’s liquid alternative funds. Allen was previously a Managing Director at Bank of America where he built and directed the hedge fund portfolio investment team and additionally oversaw numerous hedge fund products across diverse strategies. He has significant experience in the alternative investment industry, particularly in the areas of investment research and portfolio management across multiple investment strategies.
Allen’s previous experience includes responsibility as Managing Director, Head of Research for Optima Fund Management, an investment advisory firm specializing in alternative investments. He began his alternative investment career at Moore Capital Management managing asset allocation and research for hedge fund multi-manager products. Allen earned his MBA from the University of Michigan and BA in Finance from the University of Maryland. As a volunteer, Allen is an Investment Committee member for Rady Children’s Hospital in San Diego, CA.

APG Asset Management US Inc.
Michael Weinberg, CFA, Managing Director, Head of Hedge Funds and Alternative Alpha
For 25 years Michael has invested directly at the security level and indirectly as an asset allocator in traditional and alternative asset classes. He is a Managing Director, Head of Hedge Funds and Alternative Alpha, at APG. Previously he was the Chief Investment Officer at MOV37 and Protege Partners. Michael is also an Adjunct Professor of Economics and Finance at Columbia Business School, where he teaches Institutional Investing, an advanced MBA course that he created. He is the Co-Founder of the Artificial Intelligence Finance Institute - AIFI.
Michael also testifies as an expert witness in financial and technology litigation. He was a portfolio manager and global head of equities at FRM, a multi-strategy investment solutions provider. Prior to that, Michael was a portfolio manager at Soros, the macro fund and family office, and at Credit Suisse. Before that he was a Real Estate analyst at Dean Witter.
Michael is a board member of AIMA and on its Research Committee. He is on the management advisory council for the Michael Price Student Investment Fund and a Special Advisor to The Tokyo University of Science’s Endowment. Michael is a founder and board member of Project Punch Card, a not-for-profit organization. He is a member of The Economic Club of New York. Michael is a former Chair at CFANY, where he has received multiple awards, including Volunteer of the Year. He is a research contributor to The World Economic Forum on the impact of AI on Finance.
Michael is a published author, having written for The New York Times, Institutional Investor and investment books. He has been interviewed by the Wall Street Journal, Financial Times, CNBC, Bloomberg and Reuters. Michael is a frequent panelist, moderator and lecturer for investment banks, institutional and family office organizations and business schools, including SALT and Harvard. Michael has a BS from New York University and an MBA from Columbia Business School.

Beaumont Health
Robert Kowalski, CFA, Managing Director
Robert Kowalski is the Director of Investments at Beaumont Health, an eight hospital health system located in Southeast Michigan with over $4 billion in annual revenue. Mr. Kowalski has 17 years’ experience in institutional investing and is responsible for managing the organizations $3.5 billion in financial assets. Mr. Kowalski joined Beaumont Health in October 2012. Prior to Beaumont Health, he was the Senior Pension Manager at Visteon Corporations where he oversaw its $1.2 billion pension plan (2008-2012). Mr. Kowalski began his investment career at Oakwood Hospital in 2001, where he managed the organizations $900 million in financial assets. Mr. Kowalski earned a BS in Accounting from Madonna University in 1997.

Callan
Jim McKee, Senior Vice President, Director of Head Fund Research
James C. McKee is a Senior Vice President in Callan's Hedge Fund Research group. Jim specializes in hedge fund research addressing related issues of asset allocation, manager structure, manager search, and performance evaluation for Callan's institutional clients. Jim is a shareholder of the firm. Jim joined Callan in 1989. Prior to his career at Callan, Jim worked with the Pacific Stock Exchange (PSE) from 1982 to 1989. Until 1985, Jim worked on the PSE's options trading floor. Thereafter, as manager of the PSE's securities research department, he was responsible for developing and monitoring new stock, bond, and option listings.
Jim earned an MBA in Finance from Golden Gate University in 1987. His graduate studies focused particularly on publicly traded securities and capital markets. He received his BA in Economics/Environmental Studies from Dartmouth College in 1982.

Cambridge Associates
Jon Hansen, Managing Director
Jon Hansen is a Managing Director in the Boston office of Cambridge Associates. In his current role, Jon works with non-profit and family clients on both discretionary and advisory relationships. Jon oversees total portfolios for which he helps define investment objectives, establish asset allocation guidelines and implement manager exposure. Jon also specializes in alternative investments, working with clients to optimize exposure to hedge funds and other differentiated investment structures. Jon previously worked in Cambridge Associates’ research group where he was responsible for sourcing and monitoring managers across alternative investment strategies. Jon has written numerous research reports on performance and industry trends, and also is a regular contributor to news articles on the investment landscape. Prior to Cambridge Associates, Jon worked for Pearson Prentice Hall and the Houghton Mifflin Company. Jon received his undergraduate degree from Bucknell University and earned his MBA from the Robert H. Smith School of Business, University of Maryland.

Canadian Medical Protective Association
Patrick Roy, CFA, FSA, FCIA, Senior Portfolio Manager, Public Assets
Bio coming soon.

Church Pension Group
Brian Jandrucko, CAIA, Managing Director, Global Public Equity and Hedge Funds
Brian Jandrucko serves as Managing Director of The Church Pension Fund (CPF). He is responsible for managing the global public equity and hedge fund portfolio for CPF. He joined CPF in 2009. Prior to CPF, Brian served as a partner and portfolio manager at Manchester Capital. Before this, he served as Vice President and Portfolio Manager at J.P. Morgan Private Bank. Brian received a BA in Philosophy and Communications from Fordham University and an MBA from The Stern School of Business at New York University. He is a Chartered Alternative Investment Analyst.
Cliffwater
Chris Solarz, CFA, CPA, CAIA, Managing Director, Head of Global Macro Strategies
Chris is a Managing Director of Cliffwater LLC in our New York office and a member of the hedge fund research team. Prior to joining Cliffwater in 2011, Chris was a Senior Analyst at SAIL Advisors, where he focused on manager selection and due diligence as Head of Research for tactical trading and relative value strategies. Previous experience includes working for ING Investment Management, Antarctica Asset Management, Societe Generale Barr Devlin, and CIBC World Markets.
He earned a BA in Economics and Anthropology from the University of Pennsylvania and a MComm in Finance from the University of New South Wales, where he was a Federation Scholar. Chris is a Certified Public Accountant, holds the Chartered Alternative Investment Analyst® designation, the Chartered Financial Analyst® designation, and is a member of the New York Society of Security Analysts. Chris has broken 6 Guinness World Records, has run marathons on all 7 continents and in all 50 US states.

Cleveland Clinic
Adam J. Smith, CFA, CAIA, Director of Absolute Return & Real Assets
Adam joined the Cleveland Clinic in May 2017 and has nearly two decades of investment experience, focused almost exclusively on managing investments for non-profit institutions. He is part of the team responsible for managing the Clinic’s investible financial assets, including the long-term investment portfolio, two defined-benefit pension funds, and an offshore captive insurance fund. Adam is involved with all aspects of managing the portfolios, including asset allocation, manager selection, and portfolio structure; however, his primary responsibility is conducting investment manager due diligence across all asset classes, with an emphasis on fixed income, real assets, and absolute return hedge funds.
Prior to joining the Cleveland Clinic, Adam was the Director of Investments at Mercy Health (Cincinnati), where he was responsible for managing a long-term investment portfolio and a defined-benefit pension plan. Before that, Adam spent more than a decade in institutional investment consulting, focused on asset allocation and due diligence of investment managers across all asset classes.
Adam holds an undergraduate degree from Brown University, where he was a three-year letterman on the football team, and has earned the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.


Commonfund
David Scarozza, Managing Director - Head of Equities
David Scarozza is a member of the Investment team and is responsible for constructing portfolios that have the objective of outperforming passive equity alternatives. David is also primarily responsible for Commmonfund’s hedge fund portfolio which is used as a diversifying active risk and alpha source within equity portfolios and in the context of a total portfolio. Prior to this role, David was a Managing Director on the hedge fund team and prior to joining Commonfund, he served as a Vice President and the senior manager analyst on Citigroup′s fund of funds team. David received a B.A. in Economics from Swarthmore College, completed a one-year program of study at the London School of Economics and received an M.B.A. from Columbia University.

Delta Air Lines
Jonathan Glidden,