Hirtle Callaghan Announces 2016 Investment Leadership Award Recipient: Gloria D. Reeg

In recognition of her distinguished 40-year investment career, Hirtle Callaghan has presented its 2016 Investment Leadership Award to Gloria Reeg, retiring Chief Investment Officer for NewYork-Presbyterian Hospital System. Ms. Reeg accepted the award in a ceremony at the 2016 Hirtle Callaghan Investors Conference on June 2nd in Philadelphia.

"We are thrilled to recognize Gloria and her exceptional career.  She helped pioneer the investment consulting industry and personally established its highest standards of professional conduct.  More recently, Gloria made the unusual transition from renowned consultant to highly successful Chief Investment Officer. Gloria's intellectual rigor, persistence, integrity and high standards of conduct serve as an example for all investment professionals entrusted with client assets and we are excited to present her with the 2016 Award for Investment Leadership," said Jonathan Hirtle, Chief Executive Officer of Hirtle Callaghan.Gloria Reeg

Gloria Reeg (center) receives 2016 Investment Leadership Award from Jon Hirtle (left), CEO of Hirtle Callaghan, and Tom Cowhey (far left), Vice Chairman and Chief Investment Strategist at Hirtle Callaghan. Arthur D. Miltenberger (right), former Chief Investment Officer of the Richard K. Mellon Foundation, Theodore R. Aronson (far right), Founder, Managing Principal and Portfolio Manager. Aronson+Johnson+Ortiz LP are past recipients of the award.

In 2007, Gloria became NewYork-Presbyterian Hospital's first Chief Investment Officer. During her tenure, which encompassed the financial crisis – one of the most tumultuous periods in investment history – NewYork-Presbyterian's investment assets grew to $7 billion.  Prior to NewYork-Presbyterian, Gloria worked as Head of Fixed Income for Principal Global Investor where she supervised an $80 billion Fixed Income portfolio. Before that, she was a Managing Director of Global Consulting for the Russell Investment Group where she was responsible for serving clients around the world with assets totaling over $1 trillion.

Gloria began her consulting career in 1975, a year after the establishment of the Employee Retirement Income Security Act (ERISA). She received a Bachelor of Science degree in Mathematics from the University of Wisconsin and her MBA from the Kellogg School at Northwestern University. 

Since 1994, Hirtle Callaghan has awarded its annual Investment Leadership Award to an individual who represents the highest standards of the investment industry.  Some past recipients include David Booth, founder of Dimensional Funds Advisors; Harvard University's John Y Campbell; Charles D. Ellis, founder of Greenwich Associates; Oaktree Capital's Howard Marks; Aronson+Johnson+Ortiz's Theodore R. Aronson; Arthur D. Miltenberger, former Chief Investment Officer of the Richard K. Mellon Foundation and Robert E. Angelica former Chief Investment Officer of the AT&T Pension Fund.  The Hirtle Callaghan Investment Leadership Award includes a $50,000 cash grant to a university selected by the honoree to fund capital markets research.

About Hirtle Callaghan
Hirtle Callaghan is a 21st century investment institution known for its professional, client-centric, performance-driven culture and its conflict-free business model.  As an organization of Chief Investment Officers, Hirtle Callaghan sells no products.  Rather, the firm uses collective purchasing power and aggregate expertise to design and manage complete, custom-designed investment programs for family and institutional investors.  These programs are executed through best-in-class independent money managers and specialized index funds.  Multi-manager hedge fund and private equity pools are included, when appropriate, but without a fund-of-funds fee. 

Now in its 28th year, Hirtle Callaghan, America's First Outsourced Chief Investment Officer™, supervises over $20 billion of family, endowment, foundation, healthcare and pension assets in 46 states.

For more information, please visit www.hirtlecallaghan.com.

Prospective clients are invited to contact Susan H. McEvoy, at smcevoy@hirtlecallaghan.com

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