Awards

The 12th Annual Foundation & Endowment Investment Awards


Foundation & Endowment Intelligence’s 12th Annual Foundation & Endowment Investment Awards recognizes the foundations, endowments, consultants, marketers and investment managers who stood out for their successes, achievements and contributions over the past year. Nominees will be announced in the March issue of Foundation & Endowment Money Management.

On Sunday, June 2, 2013, nominees were honored and winners were announced and awarded at the dinner and awards ceremony at the Four Seasons Hotel Boston.

The awards dinner and ceremony is being held in conjunction with Institutional Investor Institute’s Endowments & Foundations Roundtable, being held June 3 - 5 at the Four Seasons Hotel Boston.

Award Categories & Winners:

Award Winners

  • Lifetime Achievement Award

    Burton Sonenstein, the recently retired CIO of the Baltimore, Md.-based Annie E. Casey Foundation, has worn many hats throughout his 30-year career. He’s been a consultant, university administrator and entrepreneur. Sonenstein brought all of his experience and more to bear in shepherding the $6 billion Annie E. Casey Foundation’s investment...   Read More

  • F&E Leaders Of The Year

    The F&E Leader of the Year award recognizes outstanding members of the community who during the past year have expanded their roles beyond more traditional boundaries to become educators, mentors and influencers in the industry. This year’s leaders have questioned and shaken up the traditional business of endowment and foundation...   Read More

  • Large Nonprofit of the Year

    Spider Management Company, the investment wing for the University of Richmond’s $1.8 billion endowment portfolio, displayed quick investment reflexes, even in roller coaster markets and amid a leadership change.   Read More

  • Mid-Sized Nonprofit of the Year

    The University of Minnesota stepped up to the task of overhauling its entire portfolio by the horns in 2012 by plunging into niche areas, including seed venture capital, that most endowments of its size have overlooked.   Read More

  • Small Nonprofit Of The Year

    Albright College, the Reading, Pa., liberal arts college with a $54 million portfolio, made waves in 2012 with bold asset allocation decisions and leveraged its unusual access to private equity to optimize performance.   Read More

  • Outsourced CIO Of The Year

    Perella Weinberg Partners got glowing reviews from university endowments for its nuanced investment approach and sensitive handling of portfolios in transition.   Read More

  • Consultant of the Year

    Sustainable investing has evolved from a relative non-starter in university investment offices to a flashpoint issue among students, faculty and administrators. While many saw a crisis, Mercer Hammond’s Christopher Adkerson saw an opportunity.   Read More

  • Marketer of The Year

    In a year marked by global economic crises and widespread uncertainty, Kayne Anderson Senior Managing Director Kevin Welsh proved to be a rock for endowment and foundation clients by leveraging his knowledge of the asset management industry and sizable contact list at a time when foundations and endowments were eager...   Read More

  • Equity Manager of the Year

    While investors fretted over the implications of Bill Gross’ “new normal,” Wellington Management took a different tack: seeking out well-priced investments in the moribund U.S. market while everyone else looked elsewhere for yield.   Read More

  • Fixed Income Manager of the Year

    London’s Colchester Global Investors kept its head as the European debt crisis raged across the continent.   Read More

  • Hedge Fund Manager of The Year

    Hedge funds have faced tremendous headwinds over the last two years, but thanks to its intrepid nature Daniel Loeb’s Third Point persevered and came out ahead of the pack.   Read More

  • Real Assets Manager of the Year

    Blackstone was almost prescient in setting up an opportunistic real estate investment vehicle to sate institutional investors’ desire for high returns in a low-to-no yield environment.   Read More

  • Private Equity Manager of the Year

    Advent International in 2012 proved that it takes a maverick to really move the needle when it comes to running money.   Read More

Award Categories

Awards Criteria
  • Large Nonprofit Of The Year Nominees

    Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under...   Read More

  • Small Nonprofit Of The Year Nominees

    Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under...   Read More

  • Mid-Sized Nonprofit Of The Year Nominees

    Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under...   Read More

  • Consultant Of The Year Nominees

    Consultant of the Year nominees have a substantial base of foundation and endowment clients and a thorough understanding of the industry and their clients’ needs. They are open-minded and innovative thought-leaders, with track records of providing astute manager selection advice and helping their clients achieve strong returns.   Read More

  • Outsourced CIO Of The Year Nominees

    Nominees for this award are firms that serve as an outsourced-CIO to foundations and endowments. Nominees have implemented innovative investment strategies and have delivered impressive overall performance and client service while effectively managing risk.   Read More

  • Marketer Of The Year Nominees

    Nominated Marketers have won a substantial amount of new business from foundation and endowment clients over the past year, are known for attentive client service, strong knowledge of their firm’s investment strategies and their clients’ needs, and have a good reputation among foundations and endowments.   Read More

  • Equity Manager Of The Year Nominees

    Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....   Read More

  • Fixed Income Manager Of The Year Nominees

    Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....   Read More

  • Private Equity Manager Of The Year Nominees

    Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....   Read More

  • Real Assets Manager Of The Year Nominees

    Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....   Read More

  • Hedge Fund Manager Of The Year Nominees

    Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....   Read More


Lifetime Achievement Award

Foundation & Endowment’s Lifetime Achievement award is presented annually to an individual who, over the course of his or her career, has been a driving force behind positive changes in the E&F investment industry. Peers nominate these individuals based on their professional accomplishments as well as contributions to the advancement of the industry as a whole. Past winners include Laurance "Laurie" Hoagland, cio, The William & Flora Hewlett Foundation; Bruce Madding, Henry J. Kaiser Family Foundation and Edward Hunia, Kresge Foundation.


F&E Leader of the Year Award
The F&E Leader of the Year award recognizes outstanding members of the community who during the past year have expanded their roles beyond more traditional boundaries to become educators, mentors and influencers in the industry. This year’s leaders have questioned and shaken up the traditional business of endowment and foundation investing, have developed products or strategies that have pushed the industry forward and taken a visible role in mentoring or educating the industry’s future leaders.

 
FOUNDATION & ENDOWMENT AWARDS CATEGORIES

  • Small Foundation or Endowment of the Year
  • Mid-Sized Foundation or Endowment of the Year
  • Large Foundation or Endowment of the Year

Awards Criteria: Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under management. Mid-Sized candidates will have between $500 million and $1 billion under management. Large F&E candidates will have $1 billion + in AUM.


MANAGER AWARD CATEGORIES:

  • Equity Manager of the Year
  • Fixed Income Manager of the Year
  • Real Assets Manager of the Year
  • Hedge Fund Manager of the Year
  • Private Equity Manager of the Year

Award Criteria: Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds. Emerging managers should have less than $3B in AUM.

Outsourced CIO of the Year: Nominees for this award are firms that serve as an outsourced-CIO to foundations and endowments. Nominees have implemented innovative investment strategies and have delivered impressive overall performance and client service while effectively managing risk.


INDIVIDUAL AWARD CATEGORIES:

Marketer of the Year Award Criteria: Nominated Marketers have won a substantial amount of new business from foundation and endowment clients over the past year, are known for attentive client service, strong knowledge of their firm's investment strategies and their clients' needs, and have a good reputation among foundations and endowments.

Consultant of the Year Award Criteria: Consultant of the Year nominees have a substantial base of foundation and endowment clients and a thorough understanding of the industry and their clients' needs. They are open-minded and innovative thought-leaders, with track records of providing astute manager selection advice and helping their clients achieve strong returns.

Rising Stars of Foundations & Endowments
The Rising Stars of Foundations & Endowments are up-and-comers whose accomplishments in, and contributions to their firms and\or to the industry make them standout among their peers and position them as future leaders. Stars may hold any position in any type of firm, and should meet some or all of the following criteria:

~ Leadership in their profession, firm and/or industry
~ Outstanding contributions to innovations, product development, client service, sales and/ or growth in assets or returns.
~ Formal recognition by their firm and/or industry groups
~ Active contributor to the broader foundation & endowment community
~ Has spent fewer than 10 years working in the foundation & endowment market
~ Exhibits other quantifiable contributions to their profession, firm, clients and/or industry


Rising Stars of Foundations & Endowments
Every year, as FEMM scouts the market for nominees for its Foundation & Endowment Investment Awards, it also seeks out up-and-comers who are making significant progress. This year, FEMM, with the industry’s help, has identified 13 self-starters who have made great strides to further the development of their company or institution and made a difference in the industry as a whole. The following individuals were nominated by their mentors, peers and others in the industry, with additional research and determination of the final list made by FEMM based on meeting all or some of the following criteria:

  • Leadership in profession, firm and/or industry;
  • Outstanding contributions to innovations, product development, client service, sales and/or growth in assets or returns;
  • Recognition by the firm and/or industry groups;
  • Active contribution to the broader foundation & endowment investing community;
  • Spending fewer than 10 years working in the foundation & endowment market;
  • Other quantifiable contributions to profession, firm, clients and/or industry.

 

Full profiles were published  on March 28 and in FEMM’s April print issue.

Awards Dinner and Ceremony Sponsors:
Angelo Gordon & Co. Acadian Pershing Square
Midsize Nonprofit of the Year Award Sponsor:
Nuveen Asset Management
Supporting Sponsor:
Kayne Anderson Capital Advisors, L.P.State Street
Red Carpet Sponsor:
Perella Weinberg Partners
Table Sponsors:
Golden Tree Asset Management
Amici Capital

For information on attending or sponsoring the awards dinner, please contact:
Tracey Redmond
Awards Director
212-224-3239
tredmond@institutionalinvestor.com


Venue 
Four Seasons Hotel Boston 
200 Boylston Street
Boston, Massachusetts 02116
http://www.fourseasons.com/boston/
+1 (617) 338-4400

Evening Agenda
Cocktail Reception: 6:00- 7:00pm
Dinner & Awards Ceremony: 7:00 - 9:30pm

Dress Code
Business/Cocktail

Hotel Accommodations:

While the Four Seasons Hotel Boston is the most convenient place to stay for the awards dinner, there are many other hotels within walking distance. Following are a few reputable options.

Revere Hotel Boston Common
200 Stuart Street
Boston, MA 02116
tel: 1-855-673-8373
http://www.reverehotel.com/
Distance: 0.1 miles

Taj Boston
15 Arlington Street
Boston, MA 02116
tel: 1-877-482-5267
http://www.tajhotels.com/Luxury/City-Hotels/Taj-Boston-Boston/Overview.html
Distance: 0.1 miles

Boston Park Plaza Hotel & Towers
50 Park Plaza At Arlington Street
Boston, MA 02116
tel: 1-800-225-2008
http://www.bostonparkplaza.com/
Distance: 0.2 miles

Milner Hotel Boston
78 Charles Street South
Boston, MA 02116-5430
tel: 1-877-MILNERS
http://boston.milner-hotels.com/
Distance: 0.2 miles

W Boston
100 Stuart Street
Boston, MA 02116
tel: 1-617-261-8700
http://www.starwoodhotels.com/whotels/property/overview/index.html?propertyID=1787
Distance: 0.2 miles

The Ritz-Carlton, Boston Common
10 Avery Street
Boston, MA 02111
tel: 1-617-574-7100
http://www.ritzcarlton.com/en/Properties/BostonCommon/Default.htm
Distance: 0.3 miles

Loews Boston Back Bay Hotel
350 Stuart Street
Boston, MA 02116
tel: 1-855-495-6397
http://www.loewshotels.com/Boston-Back-Bay-Hotel
Distance: 0.3 miles

Hyatt Regency Boston
1 Avenue De Lafayette
Boston, MA 02111
tel: 1-617-912-1234
http://www.regencyboston.hyatt.com/hyatt/hotels-regencyboston/index.jsp?null
Distance: 0.4 miles

If you are attending the awards dinner and have special dietary requirements, please email them to myesenosky@institutionalinvestor.com no later than May 20. Since advanced registration is required to attend the dinner and ceremony, a print invitation is not necessary the night of the event.

Investors and consultants are invited to attend the awards dinner as guests of awards sponsors. For more information or to confirm your attendance for this year's awards, please contact: 
Katarina Racek Storfer, 212-224-3073, 
kstorfer@institutionalinvestor.com


High Water Women 2013 Backpack DriveThe annual High Water Women Backpack Drive helps thousands of children start the school year ready to learn. In 2012, we provided 8500 children in need with fully-supplied backpacks made possible by hundreds of donors and volunteers. In 2013, our goal is to provide backpacks to 10,000 children, many who are homeless and in foster care.

The Backpack Drive begins in April with fundraising outreach to dozens of individuals and corporate sponsors and culminates with backpack assembly events and distribution of backpacks to our program partners in August. Please make your donation today. Donate now

Learn more about the Backpack Drive by watching this short video. Watch now

It costs only $20 for each backpack filled with supplies including notebooks, folders, paper, markers, pens, pencils, pencil cases, dictionaries, scissors, erasers, and much more. With your support, we will fill all the requests for backpacks from our nonprofit partners who provide services to some of the neediest children in the New York metro area: Child Center of New York, Children's Storefront, DreamYard, Good Shepherd Services, Inwood House, Iris House, the Jubilee Center, Hoboken NJ, Newark Now, Partnership with Children, Inpirica, CT, The After School Corporation, The TEAK Fellowship, Women in Need, Young Women's Leadership Network, Jewish Childcare, The Children's Learning Center CT, Friends of the Children. We have also been providing backpacks to the children of Cambridge Family Services with generous donations from our Boston area supporters.

Since beginning the drive in 2005, HWW has provided backpacks to more than 43,000 area school children.

The High Water Women Foundation has been designated a 501(c) (3) organization by the Internal Revenue Service, which means that all contributions are tax deductible to the extent permitted by law.

Congratulations to all of Institutional Investor’s 2013 Award Winners.

For information on attending or sponsoring the 2013 awards dinner, please contact:

Mark Lee, mlee@institutionalinvestor.com, 212-224-3140,
Doug Campbell, dcampbell@institutionalinvestor.com, 212-224-3299,
Mike Feinberg, mfeinberg@institutionalinvestor.com, 212-224-3320,
Joy DeSanto, jdesanto@institutionalinvestor.com, 212-224-3348

Sponsors

Please scroll over to view all the event sponsors.

For information on attending or sponsoring the awards dinner, please contact:
Tracey Redmond
Awards Director
212-224-3239
tredmond@institutionalinvestor.com

Investors and consultants are invited to attend the awards dinner as guests of awards sponsors. For more information or to confirm your attendance for this year's awards, please contact:
Katarina Racek Storfer
212-224-3073
kstorfer@institutionalinvestor.com