Cathy’s investment and consulting career began in 1980, and she joined NEPC in 1991. At NEPC, Cathy is a senior consultant to endowment, foundation and healthcare clients and is the team leader for the endowment/foundation consulting group. She is also a member of NEPC’s Alternative Assets Committee and Global Asset Allocation Advisory Group. Cathy's background includes actuarial experience at an employee benefit firm, client servicing of performance measurement products at a major master trust bank and investment manager research at an independent consulting firm. She is a frequent speaker at industry conferences, where she generally is asked to speak about endowment and foundation trends.
Cathy's professional career began at Meidinger, (now Mercer) where she was actively involved in the actuarial process. Her duties ranged from conducting actuarial valuations to certifying retirement benefits for pension clients. While at Mercer, Cathy participated in the development of the Boston area Asset Planning practice which broadened her experience to include asset allocation studies, manager searches, and performance measurement.
Cathy honed her client service skills while at the State Street Bank’s analytics division. There she serviced large public funds as well as endowments and corporate pension funds. As a client service group head, Cathy was responsible for providing consulting, performance measurement and analytic services to master trust clients. This included using the BARRA U.S. Equity Market Model to build normal portfolios as investment manager benchmarks and to structure the optimal mix of equity managers.
Cathy's knowledge of investment managers was significantly strengthened at Global Perspectives, where she worked prior to joining NEPC. While there, she oversaw the data collection and analysis of a 700 investment manager database for their client, Merrill Lynch Consulting Services. Further, she annually conducted approximately 200 on-site investment manager interviews to assess capabilities, investment process, philosophy and investment results. This research was the foundation for a significant number of manager searches performed by Merrill Lynch's consulting group.
Cathy is a member of Phi Beta Kappa and has B.S. and M.B.A. degrees from Boston College (1980 and 1985). Cathy is a CFA charter holder and is a member of the Boston Security Analysts Society and the CFA Institute. Cathy also became a Chartered Alternative Investment Analyst designee in 2007. Cathy is currently on the Board of The Philanthropy Connection, Jeremiah Program – Boston, and the Boston Area Gleaners.