Mark Baumgartner Appointed Chief Investment Officer at Institute for Advanced Study

Mark Baumgartner

PRESS CONTACT: Alexandra Altman, (609) 951-4406

Mark Baumgartner, an investment management executive, has been appointed Chief Investment Officer at the Institute for Advanced Study. Dr. Baumgartner will join the Institute in January 2014 and will work closely with the Investment Committee of the Institute’s Board of Trustees, in managing the Institute’s endowment. He succeeds Ashvin Chhabra, who served as Chief Investment Officer from 2007–13.

Dr. Baumgartner comes to the Institute from the Ford Foundation, where he was the Director of Asset Allocation and Risk, and was responsible for providing strategic direction for the endowment of the eleven billion dollar private foundation. Prior to joining the Ford Foundation, Dr. Baumgartner was Managing Director, Senior Portfolio Strategist and Head of the Portfolio Architecture team for Morgan Stanley Investment Management’s Global Portfolio Solutions group. Additionally, Dr. Baumgartner has held positions as Portfolio Manager at both Quantal Asset Management and Strategy Capital.

Of Dr. Baumgartner’s appointment, Robbert Dijkgraaf, Director and Leon Levy Professor, stated, “We are honored to have someone with Mark’s combination of strong investment experience and understanding of the Institute’s needs to guide our strategic growth.”

Dr. Baumgartner received a Ph.D. in Aerospace Engineering and a certificate in Public Policy from Princeton University, and a B.S.E. in Aerospace Engineering from the University of Florida. He also holds the Chartered Financial Analyst certification.

About the Institute for Advanced Study

The Institute for Advanced Study is one of the world’s leading centers for theoretical research and intellectual inquiry. The Institute exists to encourage and support curiosity-driven research in the sciences and humanities—the original, often speculative thinking that produces advances in knowledge that change the way we understand the world. Work at the Institute takes place in four Schools: Historical Studies, Mathematics, Natural Sciences and Social Science. It provides for the mentoring of scholars by a permanent Faculty of approximately 30, and it ensures the freedom to undertake research that will make significant contributions in any of the broad range of fields in the sciences and humanities studied at the Institute.

The Institute, founded in 1930, is a private, independent academic institution located in Princeton, New Jersey. Its more than 6,000 former Members hold positions of intellectual and scientific leadership throughout the academic world. Thirty-three Nobel Laureates and 41 out of 56 Fields Medalists, as well as many winners of the Wolf and MacArthur prizes, have been affiliated with the Institute.