bowdoin college director of investments

[27] Although Bowdoin does not require the SAT in admissions, all students must submit a score upon matriculation. Our relationship with the trustees is very minimal, said Ann Kibbie, associate professor of English and president of the recently-founded Bowdoin chapter of the American Association of University Professors. Claudia Marroquin of Portland has been named senior vice president and dean of admissions and financial aid at Bowdoin, effective July 1. Bowdoin Teacher Scholar Matthew Bernstein 13 Named 2023 Maine Teacher of the Year, Linda Kinstler 13 Reports on Rebuilding Efforts in Ukraine as War Rages, An Environmental Studies Program for a Rapidly Changing World, Ruby Ahaiwe 21 is Awarded a Davis Projects for Peace Prize, Student Research: Turning a Love of Star Wars into a Critical Examination of Gender, Gender, Sexuality, and Womens Studies Home, Exploring Germany's Role in Protecting the Environment, Paulina Morales 24 Awarded Obama-Chesky Scholarship for Public Service, Professor Wolfenzon Examines Maine's Little-Known Hispanic Culture, Bowdoins Purnell Completes Audio Project on History of Brooklyn, Arielle Saiber's 2017 Book Wins Bridge Award, Eunice Shin 23 Receives Gilman Scholarship Grant, Latin American, Caribbean, and Latinx Studies (LACLaS), Contentious Narratives: Truth Commissions Reports and the Struggle over Social Discourse in Latin America, Latin American, Caribbean, and Latinx Studies (LACLaS) Home Home, Wing Lecture: How Mathematics Changes over Time, Cole Crawford 20 Helps Excavate Important Legionary Base in Israel, From Boy to Man: Bowdoin Grad Writes Coming-of-Age Musical, How the Study of Animal Brains Could Help Reveal the Neural Basis of Trauma, The Challenges of Being a Journalist in Russia, Soaring on the First Autonomous Electric Flying Car, Education for All: Julie Coticchia '20 Creates a Course for Inmates, Students Stage Andean Art Exhibition, Meet Artists, Laura Henry and Laura Howells '20 on Controlling Russias Information Space, Pamela Zabala 17 Discusses Her Impactful Research on Racial Bias at Bowdoin, Guest Director Presents Bowdoin Theater Production of A Raisin in the Sun, Ethan Kent 98 Discusses Remaking Spaces with the Placemaking Movement, Two Alumni Artists Have Simultaneous Shows at Rockland Museum. The gender imbalance of the Board can be accounted for by the unequal gender distribution of Bowdoin alumni more generally, said board member Michele Cyr 76 P12. The nation's spy chief, a longtime college president and top women in finance. in 1868 and became one of the co-founders of the Mayo Clinic in Rochester, Minnesota. I dont think there was any expectation then of anything different. Professor of Physics Madeleine Msall noted a decrease in recent years in the number of interactions between trustees and the faculty. Please wait for the page to reload. She has lived it. It is now as hard to get into Bowdoin, says the college's admissions director, as it was to get into Princeton in the 1970s. Trustees are appointed to the Board by a majority vote of the current trustees. Ms. Kelli P. Washington is Managing Director of Research & Investment Strategy at Cleveland Clinic Investment Office. An art history major with a minor concentration in government and legal studies, Marroquin joined the Bowdoin admissions staff in 2010 as assistant dean following four years with EF Educational Tours in Boston. Take a step back. In the proceeding years, Neal agitated for more programs, and himself taught bowling, boxing, and other sports.[80]. [66] The plan includes the construction of a solar thermal system, part of the "Thorne Solar Hot Water Project"; cogeneration in the central heating plant (for which Bowdoin received $400,000 in federal grants); lighting upgrades to all campus buildings; and modern monitoring systems of energy usage on campus. [48], The college was ranked 5th in the country by Washington Monthly in 2019 based on its contribution to the public good, as measured by social mobility, research, and promoting public service. The campus has two museums. Senior Associate. [citation needed], Bowdoin competes in the Standard Platform League of RoboCup as the Northern Bites, where teams compete with five autonomous Aldebaran Nao robots. The trustees effect on the student experience is, in Roses words, both everything and nothing. Their decisions affect both the Colleges development over a period of years and decades and the experience of students on a daily basis. According to data from standardized tests, the average SAT score for a student admitted to Williams is 1510, compared to 1500 for Harvard. In 2020, she was named one of the 100 Most Influential Women in U.S. Finance by Barrons. We have very little contact with the trustees and we have virtually no unstructured contact.. Niless exceptional experience and skills, his record of achievement, and his deep commitment to Bowdoins mission make him the ideal person to succeed Paula in this work that is vital for the College and especially for the students and families supported through our endowment returns, said Bowdoin President Clayton S. Rose. The portfolio she has built is truly one of a kind and her devotion to Bowdoins success is unmatched.. Get 5 free searches. As of June 30, 2020, the three-, five-, and 10-year annualized returns for Bowdoins endowment were 10.7 percent, 8.5 percent, and 11.6 percent, respectively all in the top fifth percentile among comparative college and university annualized returns, where the respective median returns were 5.2 percent, 5.0 percent, and 7.4 percent. The school colors are black and white. Boris Raykin's job functions are Entrepreneurship, Finance, Operations, Boris Raykin's work email address is *******@bowdoin.edu, Boris Raykin's LinkedIn profile can be found at, Boris Raykin's work phone number (HQ) is +1 207-725-3***. While six houses were originally established following the construction of two new dorms, two were added effective in the fall of 2007, and one added in the fall of 2019, bringing the current total to eight: Baxter, Quinby, MacMillan, Howell, Helmreich, Reed, Burnett, and Boody-Johnson. Fifty years ago this week -- on April 30, 1973 - the Watergate scandal took a dramatic turn. Notable Bowdoin alumni include (by year of graduation): Bowdoin graduates have led all three branches of the American federal government, including both houses of Congress. In her new role, she will oversee Bowdoins admissions program and a financial aid program that this year is distributing more than $43.6 million in need-based aid to more than half of the student body. Trustees say that their interactions with community members, including faculty, staff and students, are foundational to their work on the Board. Tenth Floor James Grant, "Mr. She has overseen the money management of that college's $1.8 billion endowment since the summer. He co-founded Solstice Capital. Bowdoin College has promoted K. Niles Bryant to be the new CIO of its $1.8 billion endowment, effective July 1. In addition to running her own conservation business, she served stints with the National Gallery of Art in Washington, D.C., the Los Angeles County Museum of Art, the Palace of Fine Arts in San Francisco, and the New-York Historical Society, among other organizations. BOWDOIN COLLEGE BRUNSWICK, ME 04011-8445 | Tax-exempt since June 1935. They develop goals, strategies and plans to meet the companys needs. Faculty, too, have expressed a feeling of distance from the Board. Three come from the healthcare industry. Before the fraternity system was abolished in the 1990s, all the Bowdoin fraternities were co-educational (except for one unrecognized sorority and two unrecognized all-male fraternities). By JaneGodiner • February 7, 2020. [47] Among all colleges, it is tied with Brown, Carnegie Mellon, and Williams for 22nd. I have great confidence that the Bowdoin endowment will be in the very best of hands going forward. Student at Bowdoin College, Incoming . Volent joins Rockefeller after two decades as chief investment officer for Bowdoin College, where she oversaw an endowment that grew from $465 million to $1.8 billion during her tenure. To this end, the Board is broken down into nine standing committees: the Executive Committee; the Academic Affairs Committee; the Audit, Risk, and Reputation Committee; the Beyond Bowdoin Committee; the Governance Committee; the Committee on Inclusion; the Investment Committee; the Resources Committee and the Student Experience Committee. The portfolio she has built is truly one of a kind and her devotion to Bowdoins success in unmatched.. After almost 8 years . The Bowdoin endowment consists of more than 1,700 individual funds earmarked for the perpetual support of a variety of College initiatives. Marroquins appointment was announced by Bowdoin President Clayton S. Rose. Sophia Adami-Sampson 23 has achieved a rare feat for an undergraduate. [65] The college followed through with a carbon neutrality plan released in 2009, with 2020 as the target year for carbon neutrality. The Bowdoin endowment consists of more than 1,700 individual funds, and, as of June 30, had three-, five-, and 10-year annualized returns of 10.7%, 8.5%, and 11.6%, respectively. Speaker! Join our social media network for updates from our campus and our labs. On June 30, 2020, the endowment was valued at $1.8 billion and provided $71.8 million to the annual operations of the College. The Bowdoin College Investments Office is recruiting a full time, pre-MBA, Investment Associate. Chicago, IL 60601, Guy's & St Thomas' Foundation picks Octopus Ventures leader as new CIO, Cedars-Sinai Medical Center could get $800 million after Merck acquires Prometheus, Princeton's endowment chief Andrew Golden to retire after almost 30 years, Sponsored Content: The Plan Sponsors Guide to Retirement Income, The Institutional Investors Guide to ESG Investing, The Plan Sponsor's Guide to Retirement Income, 2023 Defined Contribution East Conference. These answers pretty much are what students in my era (Class of 1976) would have given then. [49], In 2006, Newsweek described Bowdoin as a "New Ivy", one of a number of liberal arts colleges and universities outside of the Ivy League, and it has also been dubbed a "Hidden Ivy". "[26] Of enrolling students, 89% are in the top 10% of their high school graduating class. The education I have received as both a student and professional have been impactful beyond words and have led to this point. [56] This organization counts such people as Henry Wadsworth Longfellow and Joshua Lawrence Chamberlain amongst its former members. The goal of our club is to spread awareness of mental health and to destigmatize talking about it. Endowment Index Ends Second Straight Year at Record High, Tags: Bowdoin, CIO, Clayton Rose, Endowment, K. Niles Bryant, Paula Volent, Massachusetts Pension Fund Increases Corporate Diversity Standards, 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. She has coauthored a study recently published in a peer-reviewed academic journal, in this case the Journal of Freshwater Ecology. Professor Barbash is the senior member of Willkie Farr and Gallagher LLP's Asset Management Group. [citation needed], The college went on to educate and eventually graduate Arctic explorers Robert E. Peary, class of 1877, and Donald B. MacMillan, class of 1898. She insisted that distribution requirements would ensure students a more well-rounded education in a diversity of fields and therefore present them with more career possibilities. Rockefellers endowment provides critical support for the innovative science performed in our laboratories, studies that have set the pace for progress in biomedicine since the institutions founding in 1901. The College relies on community membersincluding alumni, faculty and former and current trusteesto recommend qualified candidates. [citation needed], Bowdoin began to develop in the 1820s, a decade in which Maine became an independent state as a result of the Missouri Compromise and graduated U.S. President Franklin Pierce. I think usually when you think of the Board of Trustees, that inspires the image of a fair amount of money and wealth and power, said Frances Zorensky 20. The next Director of the Bowdoin Library will understand the opportunities and challenges facing academic libraries today. See Boris Raykin's email address, phone number and work experience. On June 30, 2020, the endowment was valued at $1.8 billion and provided $71.8 million to the annual operations of the College. The Bowdoin College Museum of Art is located in the Walker Art Building, while the Peary-MacMillan Arctic Museum is situated in Hubbard Hall. The endowment portfolio is diversified across different asset classes, including domestic and international equities, fixed income, private equity, venture capital, real estate, and absolute return strategies. Most recently, he served on the investments team as director of real assets at the Gordon and Betty Moore Foundation, a Bay Area private foundation with an $8 billion endowment. Bowdoin College (/bodn/ (listen) BOH-din) is a private liberal arts college in Brunswick, Maine. I am thrilled to announce that after graduating from Bowdoin College this upcoming May, I will be pursing a doctoral degree in clinical psychology at William | 19 LinkedIn . Nevertheless, the vast majority of students polled by the Orient felt distanced from the trustees. 2009-2011. Paula will help ensure that we continue to have the resources needed to fuel the world-leading research of our 70 heads of laboratory in pursuit of our mission, Science for the benefit of humanity., I have long admired the dedication and focus of the entire Rockefeller University community on conducting ambitious science that expands our knowledge of the world and has a positive impact on society, says Volent. Theres always a student, if not more than one, at the table, Thorndike said of his work on trustee committees. "[54], Since abolishing Greek fraternities in the late 1990s, Bowdoin has switched to a system in which entering students are assigned a "college house" affiliation correlating with their first-year dormitory. [10] It was named for former Massachusetts governor James Bowdoin, whose son James Bowdoin III was an early benefactor. The first women to graduate from the College did so in 1975. Bowdoin's PearyMacMillan Arctic Museum[19] honors the two explorers, and the college's mascot, the polar bear, was chosen in 1913 to honor MacMillan, who donated a statue of a polar bear to his alma mater in 1917. In 2011, they won their quarterfinal of the International Collegiate Championship of A Cappella, advancing them to the semifinals as the only all-male group. They report that alumni trustees used this time to meet informally with faculty. She had been a managing partner at Boston's Alumni Ventures, a $1 billion network-powered venture capital firm. Director of Investments Bowdoin College Apr 2020 - Present3 years 1 month Endowment investments Investment Analyst Cascade (fka BMGI) Nov 2017 - Feb 20191 year 4 months Kirkland, WA. " [The College's financial aid program] is everything that we are about today, but [the Board is] not involved in delivering financial aid in any specific way," said Rose. The school announced Thursday that Volent, who had served as the endowment's investment chief since 2000,. Deciding how to allocate the Colleges finances requires more than just reading a 60-page packet before each of their three annual meetings, said Diana Spagnuolo 96, a trustee since 2018. Four Bowdoin students are working in municipal government this summer in the nearby town of Topsham. Everything the trustees do is supposedly for the students of the college. Senior Vice President and Special Assistant to the President & Secretary of the College. John J. Pullen, "Joshua Chamberlain: A Hero's Life and Legacy," Stackpole Books (1999). Colleges Ranked By Average Student Brainpower", "25 New Ivies The nation's elite colleges these days include more than Harvard, Yale and Princeton. Bowdoin in the HouseThe White House, That Is. Im sure I speak for my colleagues on the Board and in University leadership when I say how thrilled we are to be able to look forward to a continuation of the highest caliber of leadership with Paula Volent at the helm in the Universitys investment office., I have known Paula for almost twenty years, both professionally and personally, and I am deeply gratified that she will be coming to Rockefeller, says Scott Bessent, chair of the Investment Committee of the Board of Trustees. . Those students who choose not to live in their affiliated house retain their affiliation and are considered members throughout their Bowdoin career. Phone Email. Some key points from the policy: In a recent Orient survey sent to current students, 353 of the 372 respondents reported that they do not feel connected to the Board of Trustees, 308 reported that they have never met any of the trustees and 310 reported that they felt they could not communicate with one or multiple trustees if they wanted to.. At Northwestern, she will replace William H. McLean, who left Northwestern in October to become president and chief investment officer of Spider Management Co., which oversees the $2.4 billion endowment for the University of Richmond. Elizabeth D. Orlic. "[13] During the first half of the 19th century, Bowdoin required of its students a certificate of "good moral character" as well as knowledge of Latin and Ancient Greek, geography, algebra, and the major works of Cicero, Xenophon, Virgil and Homer. It was named for former Massachusetts governor James Bowdoin, whose son James Bowdoin III was an early benefactor. Niles is uniquely positioned for this leadership position at Bowdoin, said outgoing Chief Investment Officer Paula Volent. [citation needed], Bowdoin College signed onto the American College and University President's Climate Commitment in 2007. The new dorms partially use collected rainwater as part of an advanced flushing system. This year, half of Bowdoin students are receiving need-based aid from the College, with an average grant money that does not have to be repaid of nearly $48,000. [59] The Orient was named the second-best tabloid-sized college weekly at a Collegiate Associated Press conference in March 2007 and the best college newspaper in New England by the New England Society of News Editors in 2018. In addition to their advisory role, trustees are also expected to donate to the College, in accordance with their capacity to do so, as stated in the Trustee Roles and Responsibilities. After 28 years in the IT industry, 25 of those years working at the remarkable Bowdoin College as a Database Administrator for our SQL Server and. The requirements of at least two courses in each of the categories of natural sciences/mathematics, social and behavioral sciences, humanities/fine arts, and foreign studies (including languages) took effect for the class of 1987 and have been gradually amended since then. If the page does not reload within 5 seconds, please refresh the page. [67] In 2017 the college was on track to meet the 28% own source reduction target, and efforts have continued in the areas of energy conservation, efficiency upgrades and transitioning to lower carbon fuel sources. Catch up on the latest reports, stories and opinions about Bowdoin and Brunswick in your inbox. Paula Volent was named vice president and chief investment officer of The Rockefeller University, New York, where she will oversee the management of its $2.3 billion endowment. Kenneth I. Chenault 73, H96 and his wife, Kathryn C. Chenault, have made a $2 million gift to Bowdoin College, the bulk of which will be used to establish an endowed fellowship that will bring exemplary leaders to campus to engage with the Bowdoin community. Applicants came from all states, the District of Columbia, and four US territories, 63 foreign countries, and 4,845 high schools. Paula is a proven leader not only in terms of producing investment results but also as a mission-driven member of the senior executive team.. The endowment is currently worth $2.72 billion, its highest-ever valuation. [77], Organized athletics at Bowdoin began in 1828[78] with a gymnastics program established by the "father of athletics in Maine,"[79] John Neal. Most recently, he served on the investments team as director of real assets at the Gordon and Betty Moore Foundation, a Bay Area private foundation with an $8 billion endowment. Already registered? The Roux Center for the Environment, the Schwartz Outdoor Leadership Center and Studzinski Recital Hall were all named after trustees (now emeriti) who provided the donations to build them. K. Niles Bryant will become the next senior vice president and chief investment officer at Bowdoin College, where he will be responsible for managing the Colleges $1.8 billion (as of June 30, 2020) endowment, the largest portion of which is permanently restricted to the support of student financial aid. Bowdoin College names new CIO. "[22], In February 2009, following a US$10 million donation (equivalent to $12.63million in 2021) by Subway Sandwiches co-founder and alumnus Peter Buck, class of 1952, the college completed a $250-million capital campaign. Computer science professor Eric Chown features on an expert panel to discuss artificial intelligencein particular, how academic researchers can navigate the ethical challenges that arise in this complex area. [74] The college has since completed construction on Osher and West residency halls, the Peter Buck Center for Health & Fitness, the Sidney J. Watson Arena, 216 Maine Street, and 52 Harpswell all of which have attained LEED, Silver LEED or Gold LEED certification. With significant debt at graduation, some students will undoubtedly be forced to make career or education choices not based on their talents, interests, and promise in a particular field but rather on their capacity to repay student loans. Bowdoin College has named K. Niles Bryant, its director of investments, as her replacement effective July 1. Those really heavy issues that clients are dealing with every day at work gives me, I think, a perspective that helps me when Im sitting in a trustee meeting or Im preparing for a meeting, said Spagnuolo. Just Short-Term Pain, Sages Say, Canada Passes Pension Bankruptcy Protection Bill, Higher Rates to Squeeze Middle-Market Private Credit Market, Reports Kroll. With a Press Herald subscription, you can gift 5 articles each month. [12], From its founding, Bowdoin was known to educate the sons of the political elite and "catered very largely to the wealthy conservative from the state of Maine. Boris Raykin's peers at other companies are Ferdinand Verley, Jian Lin, Shell Fisher, S Vinti, David Vanuch, Shamik Pal, Melissa Jacobsen, Paul Gardingen. The members come to the Board from a variety of professions. In addition to its Brunswick campus, Bowdoin owns a 118-acre (48ha) coastal studies center on Orr's Island[8] and a 200-acre (81ha) scientific field station on Kent Island in the Bay of Fundy. Prior to Owl Ventures, he was a Private . A 2006 graduate of Bowdoin and a first-generation college student, Marroquin currently serves as director of admissions. They have performed all over Maine and the Northeast. Bean, Chairman and CEO of Ted Bates Worldwide, Donald M. Zuckert, Senior judge of the US District Court for the District of Maine, Economist and former Governor of the Federal Reserve, NBC News Senior Legal and Investigative Correspondent, Tennessee House of Representatives Member, This page was last edited on 29 April 2023, at 00:44. [69] In February 2013, the college announced that 1.4% of its endowment is invested in the fossil fuel industry. "[52], Bowdoin uses food from its organic garden in its two major dining halls, and every academic year begins with a lobster bake outside Farley Fieldhouse. Rockefellers endowment, valued at $2.5 billion, is a crucial source of revenue for the university, contributing nearly 30 percent to the operating budget each year, directly supporting its ability to fund laboratories, pay salaries, and invest in new technology. During this recent challenging period, Niles has worked side by side with me and our Investment Committee on managing Bowdoins portfolio, augmenting the investment team, and carrying out our due diligence on potential opportunities. Marroquin is a member of Northeast Counselors of Color Bridging Access to College, where she has served as chair of the finance committee; Coalition for College; the National Association of College Admissions Counseling; the International Association of College Admissions Counseling; and the Council of International Schools. The Board is tasked with safeguarding the long-term health of the College, which includes hiring the President of the College, nominating and approving new board members and directing the Colleges money for the foreseeable future. Bowdoin invested $500,000, which had swelled to $3.75 million by June 30. Bowdoin is an independent, nonsectarian, coeducational residential, undergraduate liberal arts institution founded in 1794. Franklin Pierce (1824) was America's fourteenth President; Melville Weston Fuller (1853) served as Chief Justice of the United States; Thomas Brackett Reed (1860) was twice elected Speaker of the House of Representatives; and Wallace H. White, Jr. (1899) and George J. Mitchell (1954) both served as Majority Leader of the United States Senate. Current trustee meeting structure is heavily scheduled so that faculty interactions with trustees, even when faculty are part of trustee committee meetings, is quite limited.. Bryants appointment is effective July 1, 2021. Seven trustees have a background in education or academia. The expectation is that the meetings are not so much for us to be debriefed, but for us to be debriefed through communications and through reading and through phone calls before we arrive for those meetings, and to be prepared to dig into these issues, to provide guidance, to provide oversight, to hear from students and faculty who participate in those meetings, and to give advice advice thats in the best interests of the College..

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