OU Endowment Management invests £2.8bn for collegiate investors attracted by our long term approach to global investing

Penrose paving outside the main entrance of the Mathematical Institute
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Successful endowment management balances the needs of current beneficiaries with those of generations to come

Managing an endowment – why is it different?

Managing an endowment is different because of the nature of the beneficiaries. For most pools of capital, such as pension funds, the beneficiaries are alive; for endowments the beneficiaries may not even be born. Managing an endowment requires a careful balance between managing the interests of today’s beneficiaries with those of future generations. Endowment management is focused on at least preserving the real value of gifts donated to fund activities in education and research and generating absolute real returns. This is different from the vast majority of other investors who may be concerned with liability matching or beating short term markets indices, whether they go up or down.

At OU Endowment Management (OUem) we believe in investing globally and across a range of assets. We have chosen not to build a large team in Oxford, who would have to cover a wide range of investments, but predominantly to find and partner with exceptional investment talent externally.

The team is a mix of investment and finance professionals providing investment management services to The Oxford Funds, based alongside our investors in Oxford

Sandra Robertson

Chief Investment Officer and Chief Executive Officer

Sandra is Chief Investment Officer, Chief Executive Officer, and sits on the Board of OUem. As Chief Investment Officer, Sandra has discretion for all investment decisions. As Chief Executive Officer, she is responsible for overall strategy of the business and ensuring the success of the company.

Prior to joining OUem at its inception in September 2007, Sandra spent 14 years at the Wellcome Trust, most recently as Co-Head of Portfolio Management, sitting on its investment committee from 1997-2007. Sandra is a Trustee of The Queen’s Trust and sits on the TIFF Advisory Board in the US.

Fay Ashwell

Chief Operating Officer

Fay is Chief Operating Officer, sits on the Board of OUem and is OUem’s named Compliance Officer. As a director of the company, Fay is jointly responsible for the overall strategy of the business. She also leads investment operations and the day to day running of OUem, managing a team of professionals responsible for performance measurement and reporting, company risk management, audits and controls.

Fay joined OUem in November 2007 and, prior to this, spent eight years at the Wellcome Trust, most recently as Head of Investment Operations. Fay is a graduate of the University of Kent (BSc Hons) and qualified as a Chartered Accountant with Arthur Andersen in 1999.

Jack Edmondson

Deputy Chief Investment Officer

Jack is responsible for oversight and evaluation of investments across all sectors, as well as resource management of the investment team.

Jack joined OUem in 2008 from Exponent Private Equity, having worked at McKinsey & Co and Merrill Lynch Investment Managers. Jack is a CFA Charterholder, an Associate Fellow at the Saïd Business School, and a member of the Associated Faculty at the Blavatnik School of Government. Jack has an MBA with Distinction from the University of Oxford, and he is a graduate of Durham University.

Robert Godfrey

Robert Godfrey

Investment Director

Robert is an Investment Director with responsibility for oversight and evaluation of all property investments across commercial, residential and agricultural sectors. Robert joined OUem in 2014 and was formerly a Director of Savills UK where he worked for 11 years in its national investment team. Prior to this, Robert spent nine years at Cluttons in its commercial and residential divisions. He has been a qualified member of the Royal Institution of Chartered Surveyors since 1996 (MRICS). Robert is a graduate of Birmingham City University and a member of the Investment Property Forum.

Monica Bullen

Personal Assistant

Monica is Sandra Robertson’s personal assistant. Monica previously spent 12 years as an executive assistant at a UK private equity fund.

Antonia Coad

Antonia Coad

Head of Investor Relations and External Affairs

Antonia is responsible for investor relations, external communications and environmental, social and governance risk management across all investments. Antonia joined OUem in January 2014 having previously worked at financial communications agencies, where she specifically focused on financial services and investment businesses. She is a graduate of the University of Oxford (Worcester College).

David Harling

David Harling

Associate Director

David is responsible for generation and due diligence of new investment ideas, as well as ongoing evaluation of the portfolio. David joined OUem in 2014 having spent six years at Cambridge Associates where he advised endowments and foundations on asset allocation strategy, manager selection and portfolio evaluation. He is a CFA Charterholder and he graduated from the University of Oxford (Brasenose College) in 2006.

Paul Hayday

Paul Hayday

Information Systems Manager

Paul is responsible for strategic overview of OUem’s IT systems and all aspects of technology. Paul joined OUem in 2009 having been an engineering analyst in the premium automotive industry. He is a graduate of Coventry University.

Sarah Hollitzer

Business Support Manager

Sarah manages all aspects of administrative support to the business and provides assistance to the investment team. Sarah has held roles in financial services administration prior to joining OUem.

Anne Horkley

Executive Assistant

Anne is responsible for supporting all aspects of OUem as a business, and works closely with both the operations and investment teams. Prior to joining OUem, Anne worked at a management consultancy for over 11 years.

Will Lawrie

Property Manager

Will is responsible for the asset management of all property investments across commercial, residential and agricultural sectors. Will joined OUem in 2017, after spending three years at Patrizia as a business park director. He previously spent eight years at CBRE Global Investors. Will began his career in the military and spent five years as a British Army Officer. Will has an MA from Cass Business School and is a graduate of the University of Strathclyde. He has been a qualified Member of the Royal Institution of Chartered Surveyors since 2005.

Katie Lewis

Katie Lewis

Executive Assistant

Katie is responsible for supporting all aspects of OUem as a business, as well as providing assistance to the operations team. Before joining OUem, Katie worked in human resources.

Lauren Madden

Lauren Madden

Senior Operations Analyst

Lauren is responsible for day to day operational due diligence, investment support and accounting of The Oxford Funds. Lauren joined OU Endowment Management from an international investment bank, and she is a graduate of the University of Brighton.

Ilze Malan

Operations Manager

Ilze is responsible for implementing operational aspects of the investment process and portfolio management, as well as co-ordinating the operations team on a day to day basis. Ilze joined OUem in 2009 from a UK investment manager. Ilze is a graduate of Stellenbosch University and the University of South Africa.

Neamul Mohsin

Neamul Mohsin

Associate Director

Neamul is responsible for generation and due diligence of new investment ideas, as well as ongoing evaluation of the portfolio. Neamul joined OUem in 2012 from a family office, having begun his career at a leading strategy consultant. Neamul graduated from the University of Oxford (Pembroke College) in 2005.

Rachel Norris Cervetto

Rachel Norris Cervetto

Head of Finance and Business Operations

Rachel is responsible for all financial, compliance and controls aspects of OUem as an FCA regulated company, and she is Company Secretary for OUem. Rachel qualified as a Chartered Accountant with PwC in 2009 and is a graduate of the University of Oxford (Trinity College).

Shivani Oberoi

Investment Analyst

Shivani is responsible for quantitative diligence, research and ongoing evaluation of the underlying portfolio. Shivani joined in 2016 further to graduating from the University of Oxford (Regent’s Park College).

Matt Talbot

Operations Manager

Matt is responsible for implementing operational aspects of the investment process and portfolio management, as well as co-ordinating the operations team on a day to day basis. Matt joined OUem in March 2015 from a global investment manager where he spent eight years, most recently as Head of the Financial Risk Management Middle Office. Matt qualified as a Chartered Accountant with E&Y in 2006 and is a graduate of Brunel University.

Chloe Beeby

Chloe Taysom

Associate Director

Chloe’s focus is on portfolio strategy through the lenses of macro-economics, market analysis, asset allocation and portfolio risk exposures. She also has responsibility for ongoing evaluation of the Oxford Capital Fund, and is involved in sourcing, due diligence and evaluation of specific investment ideas. Chloe joined OUem in 2011 further to gaining financial and investment experience in London, Moscow and Kiev. She is a CFA Charterholder and she is a graduate of the University of Oxford (Exeter College).

Will Tomsett

Investment Analyst

Will is responsible for quantitative diligence, research and ongoing evaluation of the underlying portfolio. Will joined in 2015 further to graduating from the University of Oxford (Regent’s Park College).

William Torre

Operations Analyst

William is responsible for day to day operational due diligence, investment support and accounting of The Oxford Funds. Prior to joining OUem, William was an industry specific hedging and forecasting analyst. He has an MSc in Finance from Oxford Brookes University and is a graduate of the University of Naples Federico II.