NEPC, LLC recently announced that Mr. Daniel Kelly has joined the firm as its new Chief Operating Officer. Mr. Kelly brings over twenty years of financial operations, risk management and leadership experience to NEPC. Ms. Ellen Griggs, who has been with the firm for ten years and served as the firms’ COO since late 2007, announced last year that she would be retiring in June of 2011.
“We are extremely excited that Dan is joining NEPC. Risk measurement, analytics and monitoring are areas of increasing focus for NEPC and our clients. Dan’s background at Harvard Management will allow him to make key contributions in those and other areas,” noted Managing Partner, Mike Manning. He also added that “we were fortunate to have Ellen as our first COO. She played a very important role for us as the firm grew over the last four years. We wish her the best of luck going forward.”
In his role as Chief Operating Officer, Dan will directly report to Mike Manning, CFA, CAIA, Managing Partner, and oversee the Performance Measurement Group, the Information Technology team and many of the Integrated Services Platform initiatives. In addition, Dan will work closely with Steve Charlton, CFA, Director of Consulting Services, on the operational aspect of NEPC’s delegated and discretionary services platform.
Early in his career, Dan worked in operations at State Street Bank and Franklin Resources. In 1992, he joined Harvard Management Company, where he spent 17 years in a variety of positions including Vice President of Market Risk and Performance Analytics, Managing Director, and Chief Risk Officer. Most recently, he served as Global Chief Risk Officer at Union Bancaire Privee Asset Management in New York.
Dan received an MBA from Babson College and a BS in Finance from Bentley University. Since 2005, he has been a member of the S&P/GSCI Index Advisory Committee, as well as the Institute for Quantitative Research in Finance.