Governance 2017-09-12T15:16:02+00:00

Governance

Chairman

Philip J. Taylor, CFA Lazard 2016—2019

Philip J. Taylor, CFA, is a Managing Director in the Investment Banking Group at Lazard. In this role he is responsible for structuring and distributing exchanges in corporate convertible securities. Prior to this role, he managed a $1bn portfolio at RBC Capital Markets, and has a successful nineteen-year track record in portfolio management. He has served as Chair of both the Market Integrity Committee and Alternative Investments Committee at CFA Society New York, and has contributed to high-level discussions at the SEC regarding changes in trading regulations. Taylor has also published several articles in major hedge-fund research sites. Prior to RBC, he worked at three major hedge funds after starting his career at Bankers Trust. He holds a Masters degree in Mathematics and Management Studies from the University of Cambridge, and has held his CFA designation since 1998.

Vice Chairman

Christopher Cutler, CFA Manager Analysis Services, LLC 2015—2018

Christopher Cutler, CFA, founded Manager Analysis Services, LLC [MAS] in March 2003 to provide outsourced due diligence services on investment managers. MAS covers all types of investment managers, with a focus on managers with alternative investment strategies: hedge funds, private equity, real estate, and venture capital. Consequently, MAS has built relationships with many of the most prominent managers in the hedge fund industry. Clients include foundations, family offices/HNW, FOFs, and others. Cumulatively MAS has reviewed over 1,500 hedge funds since its founding 12 years ago. Prior to founding MAS, Chris worked at Deutsche Bank from 1994 for 2003. He managed risk for specialized fixed income derivatives products, marketed OTC interest rate derivatives, and developed structured financial products. Chris conducted due diligence calls as early as 1995, when managing risk for the stable value Wraps business, where he reviewed the trading strategies of the largest US fixed income managers, and of hedge funds involved in structured product vehicles. Chris was an economist and bank regulator at the Federal Reserve Bank of New York from 1988 to 1994. He co-authored the Federal Reserve System’s original Trading Activities Manual, the comprehensive guide to the Federal Reserve System’s examiners when they examine banks’ trading floors. Chris has an MBA in Finance from NYU’s Stern School of Business Executive Program, a BA in Economics from the University of Chicago, and became a CFA Charterholder in 1998. He is also active in the NY Chapter of the CFA Institute, CFA Society New York, where he co-led a successful governance reform effort in 2014, which led to the creation of competitive elections for Board candidates. He also chaired its “Alternative Investments Committee” from 2005 to 2007 and again in 2014, and was Vice Chair of the Advocacy effort in 2012.

Leadership

Secretary

Drianne Benner, CFA
Appomattox
2014-2017

Drianne Benner, CFA, is a Managing Director for Appomattox. She is responsible for business development and client service. Previously, she was Global Marketing Director at Cadogan Management LLC, where she was responsible for overseeing firm-wide marketing and client communications for institutional and family office clients. Prior to joining Cadogan, she spent the ten years, most recently as a Managing Director, at U.S. Trust Company, where she developed and led client and marketing initiatives focused on investment communications, initiated an institutional consultant relations program and serviced large institutional clients. Earlier she worked at Paribas Asset Management, a global asset management firm, in a variety of roles including institutional and consultant relations to some of the largest U.S. pension funds and as a manager of portfolios in an enhanced quantitative strategy. She earned a BA from Pennsylvania State University and attended graduate studies in regional planning in international development at Cornell University. She is a CFA Charterholder and a member of CFA Society New York. She serves on the Board of Peconic Green Growth as well as on the Philanthropy Committee of the Peconic Land Trust.

Directors-at-Large

Maria Shtrapenina, CFA
TAG Associates LLC
2016-2019

Maria Shtrapenina, CFA, is Director, Portfolio Management at TAG Associates LLC, a leading multi-client family office and portfolio management services firm with more than $8 billion of assets under management. Maria is responsible for analyzing and recommending publicly-traded equity and fixed-income strategies and is a voting member of TAG’s Investment Committee. Prior to joining TAG, Maria spent over eight years at Asset Alliance Corporation, most recently as Director, Research and Investments, focusing on manager research and due diligence across various strategies and asset classes. Prior to Asset Alliance, Maria was at Deutsche Bank where she performed risk management and monitoring functions for Deutsche Bank’s managed account platform. Prior to Deutsche Bank, she was an auditor at the Financial Services division of KPMG LLP. Maria received her B.A in Accounting and Management from Hartwick College. She was awarded her CFA charter in 2006 and currently serves as Director on CFA Society New York’s Board of Directors.

Robert Discolo, CFA, CAIA
River Partners
2015-2018

Robert Discolo, CFA, CAIA, CPA, is Executive Vice President, Investments, at Permal Group, a role that encompasses the asset management team and investment processes, working alongside the Chief Investment Officers, as well as proprietary research capabilities. He is also a member of the Group’s Global Investment Committee. Mr. Discolo joined in 2015, having previously spent 14 years working at PineBridge, where he was Managing Director and Head of Hedge Fund Solutions Group, ultimately responsible for managing proprietary and client assets in hedge funds and other alternative asset classes. Prior to joining PineBridge, Mr. Discolo spent seven years at Bank Julius Baer where he was head of the Public/Private Funds Group, and before that was at Merrill Lynch in Partnership Financing, having started at Drexel Burnham Lambert in their Fund Services Group. He has authored and co-authored several papers on alternative investing and is a frequent speaker at alternative investment conferences. Mr. Discolo is a CFA® Charterholder and holds an M.B.A. from Pace University, Lubin School of Business, New York, and a B.S. from St John’s University, Jamaica, New York.

Antonella Puca, CFA, CIPM, CPA
CFA Institute
2015-2018

Antonella Puca, CFA, CIPM, CPA, is Director on the Board of CFA Society New York and a Director, Investment Performance Standards in the Standards and Advocacy team at CFA Institute in New York. Antonella has over 15 years of experience in providing audit and advisory services in the alternative investment industry. Antonella has been at KPMG/Rothstein Kass, where she helped launch RK’s Bay Area practice, in the global hedge fund practice of EY in San Francisco and in New York, and at RSM US, where she has been leading the GIPS verification practice. Antonella has worked on a variety of private equity, hedge funds and registered fund, ranging from start-up funds to some of the largest players in the industry. Antonella has conducted GIPS verification for a broad range of asset management firms, including the asset management arm of global banking institutions as well as private equity and hedge fund managers. Antonella is a co-founder and treasurer of SnehaCares, Inc, a not-for-profit organization dedicated to assist children with HIV in Bangalore, India. Prior to joining the CFA Institute as a Director, Antonella has collaborated with the CFA Institute as a Volunteer in the Future of Finance campaign and in a number of initiatives related to the CFA, CIPM and Claritas examination process. Antonella is a member of AIMA’s research committee, and the co-chair of AIMA’s Sound Practice Guide to Liquid Alternative Funds. She has been an adjunct faculty member at New York University and is a frequent speaker at conferences on investment performance and alternative investments. Antonella is licensed as a CPA in California and in New York and a member of the Italian Professional Association of Journalists. She holds a degree in Economics with honors from the University “Federico II” of Naples, Italy, and an M.A. from New York University. She has been a research fellow at the Hebrew University of Jerusalem and a member of the 420 Italian National Sailing Team.

Deepika Sharma, CFA
Astor Investment Management LLC
2016-2019

Deepika Sharma, CFA, is a Portfolio Manager and Managing Director of Investments at Astor Investment Management LLC, a nearly $2bn quantitative global macro asset manager, which was previously a subsidiary of Knight Capital Group. As a member of the Investment Committee, she assists with the management of Astor’s multi-asset and global macro strategies and reports directly to the Chief Investment Officer. She previously worked on the Fixed Income Proprietary Trading Desk at Nomura, as well as in macro-strategy at Roubini Global Economics. Ms. Sharma began her career as an Analyst on the Structured Credit desk at Lehman Brothers. Ms. Sharma is an active volunteer at CFA Society New York and was recognized with the CFA Society New York Young Investment Professional Award 2015, Volunteer of the Year Award 2016 and the Asset Owner Series Award 2016. Ms. Sharma holds a Masters in International Finance at Columbia University, is a CFA charterholder and holds FINRA Series 3 and 65 licenses.

Sandra LaBaugh, CFA
2015-2018

Sandra LaBaugh, CFA, was most recently a Senior Director and Portfolio Manager for the TIAA-CREF organization and a member of the Global Private Markets Investment team which includes direct private equity investments in natural resources, energy and infrastructure. From 2004 to 2010, she was a member of TIAA-CREF’s Alternative Investments team where, in addition to managing a global timberland portfolio, her responsibilities included mezzanine debt and private equity co-investments with sponsor private equity funds. Ms. LaBaugh joined TIAA-CREF in 1998 and worked in several of its investment teams including direct private equity, private placements, lease finance and corporate public bond investment teams. Prior to joining TIAA-CREF, Sandy worked as a Senior Loan Developer for a European Bank for Reconstruction and Development small business lending program in Moscow, Russia and was a Commercial Banker at Old Kent Bank in Chicago. She holds a BA in Business from Hope College in Holland, Michigan and an MBA in Finance, International Business and Economics from the University of Chicago.

Kevin Maxwell, CFA
Nuveen/TIAA Global Asset Management
2014-2017

Kevin Maxwell, CFA, is Managing Director of Asset Management Business Development and a member of the Senior Leadership Team for the TIAA organization.  Mr. Maxwell is responsible for marketing the organization’s global real asset products.  Prior to joining the TIAA organization in 2007, Mr. Maxwell was a Senior Vice President at LaSalle Investment Management responsible for marketing their institutional real estate products and held similar positions at J.P. Morgan and The O’Connor Group. Mr. Maxwell serves on the editorial board of The Institutional Real Estate Letter and is a member of Publication Committee for the Pension Real Estate Association, of which he previously served as Chairman.  He is also on the Alternative Investments Committee at CFA Society New York.  He formerly served as Chairman of the Corporate Governance Committee of INREV.  Mr. Maxwell holds a B.S. in Accountancy from the University of Illinois and an M.B.A. in Finance from Northwestern University.  He is a CFA charter holder.

Christine Phillpotts, CFA
AllianceBernstein
2014-2017

Christine Phillpotts, CFA, is a Senior Vice President and Senior Equity Research Analyst covering Africa for AllianceBernstein’s Emerging and Frontier Markets portfolios, including the Next 50 Emerging Markets Fund. Prior to joining the firm in 2013, she was the Global Portfolio Manager for the Grassroots Business Fund (GBF), which was established by the International Finance Corporation. While at GBF, Phillpotts sourced, structured and supervised investments in privately held companies across several countries, including Kenya, Tanzania, Zambia, Ghana, Rwanda and Mozambique. As a member of the fund’s internal investment committee, she also evaluated and approved transactions in Latin America and Asia. Before that, Phillpotts was an Equity Research Associate at J.P. Morgan Asset Management. Phillpotts holds a BA in economics from Columbia University, where she graduated summa cum laude, and an MBA from Harvard Business School, where she received first-year honors. She is also a Robert Toigo Foundation Fellow, the Co-Chair of AllianceBernstein’s Black Employee Resource Group, and a CFA charterholder.

Jonathan Prin, CFA
Greylock Capital
2016-2019

Jonathan Prin, CFA, is a Managing Director and Head of Research at Greylock Capital, a hedge fund focused on emerging markets distressed debt. Prior to joining Greylock, he was a portfolio manager and member of the Global Fixed Income Group at JP Morgan Asset Management. At JP Morgan, Mr. Prin was responsible for managing and trading emerging market high yield corporate debt portfolios. Prior to joining JP Morgan, he was a credit analyst at Bear Stearns Asset Management. Previously, Mr. Prin was a research analyst in the Leveraged Finance Department of Credit Suisse First Boston, as part of an Institutional Investor-ranked group. Mr. Prin has a B.A. in from the University of Pennsylvania, and received his CFA charter holder designation in 2009.

Ex-Officio

Daniel Dagen, CFA
Chief Executive Officer, CFA Society New York

Daniel Dagen, CFA, has been Chief Executive Officer of CFA Society New York (“CFANY”) since September 2015.

In his role, he provides long-term vision and manages the ongoing operations of the society.  He collaborates with society leaders, industry partners, CFA Institute and CFANY staff to provide member value, as well as to educate the investing public and raise the standards of professionalism in the industry.

With Dagen as CEO, the society restructured operations, launched a rebrand campaign and increased membership by over 50 percent.  CFA Society New York is now the largest CFA member society in the world.  In 2017, on behalf of CFA Society New York, Dagen was pleased to receive two prestigious, global awards from CFA Institute:

(1) Strategic Initiatives: Delivering Member Value

(2) Research Foundation Society Award: Events and Activities

Working closely with volunteers, in late 2015, Dagen facilitated the launch of the Asset Owner Series™®, a collection of exclusive events for investment industry executives seeking to improve their asset management strategies and advance market knowledge with the guidance of some of the most experienced minds CFA Society New York has to offer.  In 2017, Dagen nominated Thomas Brigandi—whom spearheaded the Asset Owner Series™®—for CFA Institute’s Inaugural Global Outstanding Young Leader award, an award with which Brigandi was ultimately honored to be bestowed.

Prior to his position as CEO, Dagen served for three years as a volunteer on the society’s Board of Directors. As Board Secretary, he helped launch and implement several governance reforms, resulting in a restructuring of the society’s strategic plan and overall operational focus. Dagen previously served as Chair of the society’s Membership Committee and earned the Volunteer of the Year award in 2011.

Preceding this, Dagen served ultra-high net worth and high net worth clients globally for over twenty years with companies such as Lehman Brothers, Gruntal & Co, Sands Brothers, Laidlaw & Co, Ltd., MassMutual and Northwestern Mutual, where he was one of the leading producers in the country.  He specialized in the use of options and other tools to reduce risk and increase diversification for families with concentrated wealth. He graduated from Bowdoin College with a BA in economics.

Immediate Past Chair

Alex Urdea, CFA, FRM, CMT
Solus LP
2014—2016

Alex Urdea, CFA, FRM, CMT, joined Solus at its inception in July 2007 and has been managing risk for the hedge fund portfolios since he joined Stanfield Capital Partners LLC in 2004. At Solus, he leads a group responsible for developing and managing a proprietary system that integrates portfolio management, trading, risk, research, operations, legal, and investor relations functions. As such, his daily responsibilities include monitoring portfolio exposures and sensitivities while working to express the firm’s view in the most effective and efficient manner. Urdea has served as chairman for the Investment Strategy Committee for CFA Society New York. He was recently awarded the CFA Society New York Volunteer of the Year Award (2010). He also volunteers his time as a junior board member for Streetwise Partners, a nonprofit organization dedicated to helping the unemployed and underprivileged of New York find long-lasting and fulfilling careers. Urdea received a BSE in financial engineering from Princeton University in 2002 along with a Certificate in Finance and Engineering Management Systems. He was inducted into the Sigma Xi Research Society and served in several leadership roles. He is a Chartered Financial Analyst (CFA), a Financial Risk Manager (FRM), and has recently been awarded the Chartered Market Technician (CMT) designation.

Executive Staff

Daniel Dagen, CFA
Chief Executive Officer, CFA Society New York

Daniel Dagen, CFA, has been Chief Executive Officer of CFA Society New York (“CFANY”) since September 2015.

In his role, he provides long-term vision and manages the ongoing operations of the society.  He collaborates with society leaders, industry partners, CFA Institute and CFANY staff to provide member value, as well as to educate the investing public and raise the standards of professionalism in the industry.

With Dagen as CEO, the society restructured operations, launched a rebrand campaign and increased membership by over 50 percent.  CFA Society New York is now the largest CFA member society in the world.  In 2017, on behalf of CFA Society New York, Dagen was pleased to receive two prestigious, global awards from CFA Institute:

(1) Strategic Initiatives: Delivering Member Value

(2) Research Foundation Society Award: Events and Activities

Working closely with volunteers, in late 2015, Dagen facilitated the launch of the Asset Owner Series™®, a collection of exclusive events for investment industry executives seeking to improve their asset management strategies and advance market knowledge with the guidance of some of the most experienced minds CFA Society New York has to offer.  In 2017, Dagen nominated Thomas Brigandi—whom spearheaded the Asset Owner Series™®—for CFA Institute’s Inaugural Global Outstanding Young Leader award, an award with which Brigandi was ultimately honored to be bestowed.

Prior to his position as CEO, Dagen served for three years as a volunteer on the society’s Board of Directors. As Board Secretary, he helped launch and implement several governance reforms, resulting in a restructuring of the society’s strategic plan and overall operational focus. Dagen previously served as Chair of the society’s Membership Committee and earned the Volunteer of the Year award in 2011.

Preceding this, Dagen served ultra-high net worth and high net worth clients globally for over twenty years with companies such as Lehman Brothers, Gruntal & Co, Sands Brothers, Laidlaw & Co, Ltd., MassMutual and Northwestern Mutual, where he was one of the leading producers in the country.  He specialized in the use of options and other tools to reduce risk and increase diversification for families with concentrated wealth. He graduated from Bowdoin College with a BA in economics.

Mario Carias, CFA
Managing Director, Content and Member Services, CFA Society New York

Mario E. Carias is currently the Managing Director of Content and Member Services at CFA Society New York, where he oversees the CFA prep classes as well as professional development courses. Mario has over 12 years of work experience on Wall Street in institutional equity research sales, he worked in institutions such as CLSA, Unibanco, ABN-Amro and ING-Barings covering European and Latin American equities from 1992 to 2005. Most recently, he migrated into financial education, writing and teaching various investment analysis courses, corporate finance, and econometrics courses for T3 Live and Hunter College. Mario attended New York University, where he received a Masters in Economics in 1992, and earned his BSc in Economics from the University of Buckingham in the UK in 1990. Mario was awarded his CFA charter in 2004 and is a member of the CFA Society New York  and CFA Institute.

Karen E. Boroff, PhD Seton Hall University 2012-2015

Karen E. Boroff, PhD, is a professor in the Department of Management at the Stillman School of Business. Previously, she was on a one-year assignment as a visiting professor at the United States Military Academy. She was also the dean of Seton Hall University’s Stillman School of Business from 2000 to 2010. Under her leadership, the school was recently reaccredited by the premier accrediting agency of business schools, the AACSB, and was also awarded the prestigious accounting accreditation. She initiated the development of a code of conduct for the Stillman School, as well as a lecture series focused on integrity in business practice. During her tenure, the school opened its Trading Room, Seton Hall Sports Polling Center, and Entrepreneurship Center. The school tremendously increased its international outreach, especially with excellent colleges in China. The school has earned national distinctions for its undergraduate and graduate programs, as cited in such rankings as Bloomberg, BusinessWeek, US News and World Report, Entrepreneurship 2.0, and the Princeton Review. In January 2008, the school earned the Council on Higher Education Accreditations award on Institutional Outcomes Assessment. Boroff earned a PhD in business from Columbia University, an MBA from Lehigh University and a BS in industrial and labor relations from Cornell University.

*Richard G. Campbell 1937-38 *Richard B. Jones 1938-39 *Eugene J. Habas 1939-40 *Howard F. Vultree 1940-41 *Marshall Dunn 1941-42 *Wm. Hamilton Swartz, CFA 1942-43 *Lucien O. Hooper, CFA 1943-44 *Charles Tatham Jr. 1944-45 *N. Leonard Jarvis 1945-46 *Pierre R. Bretey 1946-47 *Shelby C. Davis, CFA 1947-48 *Glenelg P. Caterer, CFA 1948-49 Joseph M. Galanis, CFA 1949-50 *John W. Spurdle 1950-51 Jeremy C. Jenks, CFA 1951-52 *Marvin Chandler 1952-53 *Sidney B. Lurie 1953-54 *William R. White 1954-55 *Nathan Bowen 1955-56 *W. Sturgis Macomber 1956-57 Nicholas E. Crane 1957-58 *Ralph A. Rotnem, CFA 1958-59 Lawrence R. Kahn 1959-60 Edward S. Wilson 1960-61 Donald B. Macurda 1961-62 *Edward R. Holt 1962-63 *Gerald L. Wilstead 1963-64 *Thomas H. Lenagh, CFA 1964-65 *Todd G. Alexander 1965-66 Raymond W. Hammell, CFA 1966-67 *Jane L. Brett 1967-68 Sidney R. Winters 1968-69 Philip E. Albrecht, CFA 1969-70 Robert D. MacMurdy, CFA 1970-71 Stanley A. Nabi, CFA 1971-72 David Norr, CFA, CPA 1972-73 Peter J. DeAngelis, CFA 1973-74 Arthur K. Carlson 1974-75 Herbert E. Goodfriend 1975-76 Dave H. Williams, CFA 1976-77 John S. Chalsty 1977-78 Gary J. Burkhead, CFA 1978-79 H. Kent Atkins, CFA 1979-80 Leon G. Cooperman, CFA 1980-81 Hilton McCrea Jervey, CFA 1981-82 *J. Kendrick Noble Jr., CFA 1982-83 Robert G. Heisterberg, CFA 1983-84 Bernadette B. Murphy, CMT 1984-85 Charles S. Comer, CMT 1985-86 Robert W. Radsch, CFA 1986-87 John J. McCabe 1987-88 A. William Bodine 1988-89 Andrew Gray III 1989-90 Everett G. Titus III 1990-91 Guy G. Rutherfurd Jr., CFA 1991-92 George E. Austin., CFA 1992-93 A. Michael Lipper., CFA 1993-94 *Penelope O. Adelmann, CFA 1994-95 *William A. Hayes 1995-97 Vincent C. Catalano 1997-99 John J. McCabe 1999-01 Jeffrey L. Evans 2001-03 Dodge O. Dorland, CMT 2003-07 Jan Jackrel, CFA 2007-09 Nanci D. Morris, CFA 2009-11 Kathy A. O’Connor, CFA 2011-13 Mark Ukrainskyj 2013-2015 Alex Urdea 2015

*Deceased

Board Job Descriptions

Nominations Committee

Meeting Minutes