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March 4, 2024 – David Barrett Partners assisted in the recruitment of Katherine “KC” Krieger is the new chief investment officer of the J. Paul Getty Trust. Krieger will succeed James Williams, who announced his intention to retire last fall after 21 years as Getty’s chief information officer. Mr. Krieger was appointed following an international investigation by a search committee that included investment experts from the Getty Board of Directors. “KC brings us deep experience in investment management and portfolio optimization, as well as proven success and collaborative leadership,” said Mr. Fleming. “She has also been part of the executive teams of some of Los Angeles’ most prominent philanthropic and arts organizations, giving her a broad understanding of the work of cultural organizations, foundations, and the audiences we serve.” is excited to add her to the Getty team.”
Mr. Krieger is Chief Investment Officer of Broad Foundations and Family Offices.she has overseen the management of over $2 billion in assets for the Eli and Edith Broad Foundation and the Broad Foundation for the Arts, as well as the Broad family’s personal investments. Mr. Krieger has been a member of his Broad Investment team for 23 years, and since 2017 he has served as CIO. She will join Getty on April 15th.
While at Broad, Mr. Krieger built and managed investment teams and operations, developed and executed investment strategies that maximized risk-adjusted returns while ensuring access to liquidity, and partnered with managers across asset classes. We partnered and led a co-investment program. . Her professional involvements include serving on the investment committees of the James Irvine Foundation, the Broad Institute, and BroadStage. Additionally, Ms. Krieger serves on the Marlborough Schools Board of Directors and co-chairs the Finance Committee.
As Getty’s chief investment officer, Mr. Krieger manages investments in funds that support all of Getty’s activities. Proceeds from the endowment support the Getty’s global philanthropic efforts, including the free Getty Museum and Getty Library, the Visual Arts Conservation Program at the Getty Conservation Institute, Getty Research Institute scholarships and archives, and grants issued by the Getty Foundation. provide funding. The value of his Getty Trust endowment at the end of fiscal year 2023 was $8.6 billion.
Related: Goldsmith & Company Appoints CIO of New York Public Library
“While it is difficult to say goodbye to my friends and colleagues at Broad, I am honored and honored to join the Getty and help advance the company’s global mission to support visual arts and cultural heritage,” said Krieger. said. “I am committed to building a strong foundation for our investment office to ensure and strengthen Getty’s financial health and ensure its continued impact on the world.”
David Barrett Partners helps Charles Stewart Mott Foundation hire chief investment officer
david barrett David Barrett Partners Most recently, he helped hire Nancy Orr as vice president of investments and chief investment officer for the Charles Stewart Mott Foundation. She succeeds Jay Flaherty, who joined Mott in 2007 and will remain with the Foundation until his retirement in January 2024 to help ensure a smooth transition. “We are thrilled that Nancy Orr has agreed to lead our investment team,” said Ridgway White, president and CEO of the Mott Foundation. “She combines experience as a CIO with a passion for investing, and an equal passion for advancing the Foundation’s mission to promote a just, equitable, and sustainable society.” We believe he is the right person to help position the Foundation as we prepare to enter our second century of grantmaking.”
The Getty is a global arts organization dedicated to exhibiting, preserving, and understanding the world’s artistic and cultural heritage. Based in Los Angeles, the Getty works with partners around the world to share art, knowledge, and resources with the public online and in person at the Getty Center and the Getty Villa. We are promoting it.
Veteran search consultant
David Barrett Partners was founded in 2005 by an investment management team that recruited industry veterans from large multinational search firms interested in creating a focused investment and wealth management boutique.
office is expanding its CIO leadership placement practices, including placing an investment director at Harvard Management Company., University of California and Stanford Management Company. Considered the top specialist recruitment expert in the field, we serve traditional and alternative fund managers, endowments, foundations, family offices and sovereign wealth funds.
David Barrett has over 25 years of extensive experience in senior level recruitment in investment and wealth management. Besides David Barrett Partners, he co-founded another buy-side boutique search firm in 2003. Prior to that, he worked for 17 years at his two global search firms, Russell Reynolds Associates and Heidrick and Struggles. He began his career in equity research in 1981 at Brown Brothers and his Harriman Company in New York. After graduate school, Mr. Barrett returned to investment management as an equity analyst at Trust Company of the West in Los Angeles.
Related: David Barrett Partners assists Yale University in search for chief investment officer
Contributed by Editor-in-Chief Scott A. Scanlon. Dale M. Zupsanski, Editor-in-Chief, Lily Fauver, Senior Editor – Hunt Scanlon Media
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