D. Ellen Shuman
D. Ellen Shuman has worked in the field of investment management for over 30 years, primarily serving institutions of higher education and philanthropy. She has expertise in investment management, best governance practices, and has championed the careers of many women leaders in the field of institutional investing.
In April 2020, she embraced public service through her appointment by Governor Lamont to the State of Connecticut’s Investment Advisory Council (IAC), where she serves as the Chair. The Council advises the State Treasurer on the investment of the State’s pension assets, totaling $42 billion as of June 30, 2022.
In 2013 Ms. Shuman co-Founded Edgehill Endowment Partners, an SEC-registered investment firm that operates as a full-service Outsourced Chief Investment Office (OCIO) for a limited number of endowed, mission-based institutions. In early 2020 she transitioned to a strategic role at Edgehill, becoming Partner Emerita.
Prior to founding Edgehill, Ms. Shuman spent her career at the Yale University Investments Office (1986-1998) as Director of Investments, reporting to Chief Investment Officer David Swensen. From 1999 to 2011 she served as the Chief Investment Officer of Carnegie Corporation of New York, a private foundation.
Ms. Shuman received the Institutional Investor Magazine Lifetime Achievement Award in 2014. She was appointed to the Investors’ Committee of the President’s Working Group on Financial Markets in 2008, which issued a report on “Principles and Practices for Hedge Fund Investors” in January 2009.
Her commitment to non-profit institutions is exemplified by her role as a Trustee at her alma mater, Bowdoin College, for 21 years (1992-2013), and current service on the Jack Kent Cooke Foundation investment committee. Ms. Shuman is a board member of JBG Smith (NYSE: JBGS), a REIT based in Washington, D.C. JBGS was selected by Amazon as its HQ2 development partner in 2019.
In 2019 Ms. Shuman was recognized by Women Inc in 2019 as one of the 100 Most Influential Board Members.
Ms. Shuman received a B.A., magna cum laude, from Bowdoin College; an M.P.P.M. from the Yale School of Management; and earned the CFA designation in 1992.