University of Notre Dame vice president and chief investment officer Scott C. Malpass has been named Large Endowment Manager of the Year by Institutional Investor magazine. The award recognizes U.S. institutional advisors whose “innovative strategies and fiduciary savvy resulted in impressive returns” over the past year.
This year’s winners, which include a total of eight institutional investment managers and money managers in 23 asset classes, will be honored at a dinner and ceremony on May 16 (Monday) at the Mandarin Oriental in New York City.
Serving as Notre Dame’s chief investment officer since 1989, Malpass is responsible for investment of the University’s endowment, working capital, pension and life income assets of $6.2 billion. The endowment is the 14th largest in American higher education and the largest at a Catholic university.
“Notre Dame is so fortunate to have an investment professional of Scott’s caliber, and I congratulate him on this well-deserved recognition for his work. Under Scott’s leadership, Notre Dame has established an international reputation for being prudent stewards of its investment resources,” said Rev. John I. Jenkins, C.S.C., the University’s president.
During the past 15 years, ending June 30, 2010, Notre Dame has experienced a 12.1 percent annualized return on the endowment pool. Under Malpass’ leadership, Notre Dame has been recognized for its innovation in international, private capital and alternative investing, and its philosophy of building relationships with leading edge investment management firms and identifying niche investment opportunities that provide opportunities for superior investment performance.
“This truly exceptional performance attests to Notre Dame’s ceaseless commitment to be good stewards of the funds entrusted to the University by its donors,” said John Affleck-Graves, Notre Dame’s executive vice president. “Thanks in no small part to excellent stewardship by Scott and his team, we are able to make steady, and in some instances, transformational progress: meeting the demonstrated financial need of our students, establishing new endowed chairs to attract exceptional faculty, expanding the collections of our Hesburgh Libraries, and so much more.”
“I’m very thankful, not only for this award, but for the Notre Dame alumni, parents and friends who entrust us with their gifts. And those gifts – large and small – have allowed this University to grow and flourish,” says Malpass.
“I am also blessed with a wonderful team of professionals who are as deserving of this award as anyone else.”
Contact: Scott Malpass, chief investment officer, 574-631-6593, malpass.1@nd.edu