
University of 91³Ō¹Ļ vice president and chief investment officer has been named Large Endowment Manager of the Year by magazine. The award recognizes U.S. institutional advisors whose āinnovative strategies and fiduciary savvy resulted in impressive returnsā over the past year.
This yearās , which include a total of eight institutional investment managers and money managers in 23 asset classes, will be honored at a dinner and ceremony on May 16 (Monday) at the Mandarin Oriental in New York City.
Serving as 91³Ō¹Ļās chief investment officer since 1989, Malpass is responsible for investment of the Universityās endowment, working capital, pension and life income assets of $6.2 billion. The endowment is the 14th largest in American higher education and the largest at a Catholic university.
ā91³Ō¹Ļ is so fortunate to have an investment professional of Scottās caliber, and I congratulate him on this well-deserved recognition for his work. Under Scottās leadership, 91³Ō¹Ļ has established an international reputation for being prudent stewards of its investment resources,ā said Rev. John I. Jenkins, C.S.C., the Universityās president.
During the past 15 years, ending June 30, 2010, 91³Ō¹Ļ has experienced a 12.1 percent annualized return on the endowment pool. Under Malpassā leadership, 91³Ō¹Ļ has been recognized for its innovation in international, private capital and alternative investing, and its philosophy of building relationships with leading edge investment management firms and identifying niche investment opportunities that provide opportunities for superior investment performance.
āThis truly exceptional performance attests to 91³Ō¹Ļās ceaseless commitment to be good stewards of the funds entrusted to the University by its donors,ā said John Affleck-Graves, 91³Ō¹Ļās executive vice president. āThanks in no small part to excellent stewardship by Scott and his team, we are able to make steady, and in some instances, transformational progress: meeting the demonstrated financial need of our students, establishing new endowed chairs to attract exceptional faculty, expanding the collections of our Hesburgh Libraries, and so much more.ā
āIām very thankful, not only for this award, but for the 91³Ō¹Ļ alumni, parents and friends who entrust us with their gifts. And those gifts ā large and small ā have allowed this University to grow and flourish,ā says Malpass.
āI am also blessed with a wonderful team of professionals who are as deserving of this award as anyone else.ā
Contact: Scott Malpass, chief investment officer, 574-631-6593, malpass.1@nd.edu