The Berkeley Endowment Management Company is a wholly-owned subsidiary of the UC Berkeley Foundation and is governed by a board of directors who are knowledgeable about the capital markets and committed to the mission and values of UC Berkeley.
- Rob Chandra (Chair)
- Collette Chilton
- Cyrus Hadidi
- Colleen McAndrews
- Robert O’Donnell
- Scott Biddy (Senior Advisor)
- Julie Hooper (Senior Advisor)
- Janet McKinley (Chair Emerita)
- Laurance Hoagland (Director Emeritus)
- Loraine Binion (Treasurer)
Rob Chandra (Chair)
Rob Chandra is the President and Chief Executive Officer of Avid Park Capital, an investment management firm based in Palo Alto, California. Avid Park is the manager of a long short portfolio focused on US publicly traded companies. Prior to founding Avid Park, Chandra spent nearly two decades as a venture capitalist. While a partner at Bessemer Venture Partners, Chandra served on the firm’s investment and management committees, co-led the firm’s limited partner fund raising activities and also helped the firm establish an investment practice in India. Chandra currently serves on the board of trustees at the Menlo School. He is on the faculty at UC Berkeley’s Haas School of Business where he teaches an undergraduate course on alternative investing (venture capital, hedge funds, and private equity) and co-teaches an M.B.A. course on entrepreneurship with Professor Toby Stuart. Prior to entering the investment profession, Chandra was an engagement manager with McKinsey & Company. Chandra holds an M.B.A. from Harvard Business School and a B.A. from UC Berkeley.
Collette Chilton is the Chief Investment Officer for Williams College where she joined in 2006 to establish the Investment Office that oversees the $2 billion endowment. For the 8 years prior to joining Williams, Chilton served as the Chief Investment Officer for Lucent Technologies, overseeing $40 billion of retirement-related assets. From 1996 to 1998, she served as Chief Investment Officer of the $30 billion Pension Reserves Investment Management (PRIM) Board, which invests the assets of the public employees’ and teachers’ retirement systems in Massachusetts. She held a similar position with the Massachusetts State Teachers and Employees Retirement Systems (MASTERS) Trust from 1993 until PRIM and MASTERS merged in 1996. Chilton currently serves on the boards of The Investment Fund for Foundations (TIFF), The Center for Private Equity and Entrepreneurship at Tuck, and the Pacific Pension Institute. She also serves on the investment committee for The Edna McConnell Clark Foundation. In addition, she is a Visiting Fellow in Private Equity at the Tuck School of Business at Dartmouth and serves as a judge for the Investor Responsibility Research Center (IRRC) Institute Research Award. Chilton holds an M.B.A. from the Tuck School of Business at Dartmouth and a B.S. from UC Berkeley.
Cyrus Hadidi is the co-portfolio manager and partner of JMB Capital, a $2.3 billion investment firm based in Los Angeles. He received his B.A. in Rhetoric and History from UC Berkeley in 1996. After working as an investment banker with Salomon Brothers, he attended Harvard Business School and graduated with an M.B.A. in 2002, being awarded the distinctions of both Baker Scholar and John Loeb Fellow in Finance. In addition to his professional responsibilities at JMB Capital, Hadidi is chairman of the board of directors for A Place Called Home, a community center for at-risk youth in South Central Los Angeles. In addition, he is focused on improving public education, and serves on the Board of the Partnership for Los Angeles Schools. He and his wife are Builders of Berkeley.
Colleen McAndrews is a retired founding partner of Bell, McAndrews & Hiltachk, LLP, a California election law boutique. From 1989 until 2014, Colleen served as legal counsel and treasurer to state, local and corporate PACs, ballot measures, and candidate/officeholders across the political spectrum. From 1977 to 1983, she was a Commissioner on the Fair Political Practices Commission, appointed by Governor Jerry Brown. Other non-profit service includes, the National Commission on Federal Election Reform, with former Presidents Carter and Ford (2001) and Speaker Hertzberg’s Commission on Initiative Reform (2000); Secretary McPherson’s Task Force on Online Disclosure of Campaign Finances (Co-Chair 2006); the ABA Standing Committee on Elections; The Governor and First Lady’s Conference for Women (General Counsel and Treasurer, 2003-2010); YMCA Model Legislature; Republican Majority for Choice (Vice Chair); National Women’s Education Fund; Harvard Westlake School; and St. Matthews Parish School (Chair, 1991-1992). Colleen graduated from UC Berkeley in 1967; and UCLA Law School in 1986. She is a Trustee of the UC Berkeley Foundation and serves on the executive committee.
Robert G. O’Donnell retired in 2011 from his position as a Senior Vice President and Director of Capital Research and Management Company. Capital Research is the investment advisor to the American Funds and is part of the Capital Group Companies. At that firm, he was a portfolio manager in several mutual funds and served as Principal Executive Officer of The American Balanced Fund, a $50 billion fund. O’Donnell graduated summa cum laude from UC Berkeley in 1965 and obtained his M.B.A. there in 1966. He is a CPA and a CFA Charterholder. Prior to joining Capital in 1972, he served in the U.S. Army and was a senior accountant at Arthur Andersen. He has been recognized for his philanthropic work, most notably with the Chancellor’s Award at UC Berkeley in 2008 and with the Business Leader of the Year for 2011 Award at Berkeley’s Haas School of Business. He is a member of the professional faculty at Haas, where he has taught an investment strategy course for the past thirteen years. He currently serves on the boards of the San Francisco Symphony, Summit Public Schools, the Library Advisory Board at Berkeley and the Board of Overseers of the Hoover Institution at Stanford. He also serves as Chair of the Sequoia Hospital Foundation and is a member of the Investment Committee of the James Irvine Foundation. He chaired the UC Berkeley Foundation from 2005 to 2007 and is an Emeritus board member. He is President of The O’Donnell Foundation, a private foundation that supports educational opportunity.
Scott Biddy was appointed UC Berkeley’s Vice Chancellor – University Relations in December 2006, and led both fundraising and public affairs for the campus. He came to Berkeley in 2002 as Associate Vice Chancellor for University Relations from Georgetown University in Washington, D.C. Scott’s career in fundraising and alumni relations followed several years in banking and began at his alma mater, Rice University in Houston, where he earned his Bachelor of Arts in English and Managerial Studies. Scott served as Rice’s Associate Vice-President Development/Alumni and as Interim Vice President of University Advancement before becoming Georgetown’s Associate Vice President for University Development. In October 2015, Scott assumed a different vice chancellor role supporting the Chancellor and Provost in their strategic priorities with particular focus on how those efforts intersect with UC Berkeley’s Board of Visitors, a small body of key external volunteers. In March 2016, Scott assumed on an interim basis the responsibilities of Vice Chancellor Finance and Administration.
Julie Morgan Hooper, CFRE, is the Vice Chancellor for Development and Alumni Relations at the University of California, Berkeley. As Berkeley’s Chief Development Officer, she is the architect of development programs in the Office of Development and Alumni Relations and is responsible for creating comprehensive fundraising strategies to maximize philanthropic support for and enhancement of Berkeley’s preeminence. In her role, she serves as Vice President of the UC Berkeley Foundation, a not-for-profit corporation that raises, invests, and administers private funds for the campus.
Julie came to Berkeley in July 2014 from the University of Texas at Austin (UT). During her seven-and-a-half year tenure at UT, Julie served as Assistant Dean for Development and External Relations in the School of Architecture and as Associate Vice President for Development for the University Development Office. In this role, she acted as Campaign Director for The Campaign for Texas, an eight-year, $3B capital campaign, which ended in August of 2014. Julie has also served as Executive Director and Senior Director of Development for various non-profit agencies in Texas and was named Outstanding Fundraising Professional in 2010 by the Greater Austin Chapter of the Association of Fundraising Professionals (AFP).
Julie holds a master’s degree in historic preservation from the University of Georgia and a BA in history from Boston University.
Janet McKinley (Chair Emerita)
Janet McKinley is co-founder of Advance Global Capital Limited, a U.K. based alternative investment company focused on SME financing in developing countries. McKinley retired in 2004 as Principal Executive Officer and Chair of the Income Fund of America, as well as Director of Capital Research and Management Company (which oversees assets in excess of $1 trillion). McKinley served as Board Chair of Oxfam America from 2004 to 2010 and has served on the boards of Oxfam International, Smith College, the Deutsche Bank Microfinance Consortium Fund, MicroCredit Enterprises and the Synapse Market Access Fund. After years of distinguished service as BEMCO’s founding Chair of the Board, she was named Chair Emerita in 2015. She graduated summa cum laude from Smith College (Phi Beta Kappa) and attended the University of Krakow, Poland, as a Fulbright Scholar. She also attended the New York University Graduate School of Business.
Laurance Hoagland (Director Emeritus)
“Laurie” Hoagland retired from his role as the Vice President and Chief Investment Officer of the Hewlett Foundation in June 2013. Prior to joining the Foundation in 2001, he served for nine years as President and Chief Executive Officer of Stanford Management Company. For the 11 years prior to joining Stanford, Hoagland was a co-founder and partner in the investment management firm of Anderson, Hoagland and Company. Hoagland is currently affiliated in various capacities with the Commonfund, the Louisville Presbyterian Theological Seminary, the Howard Hughes Medical Institute, Caltech, the David and Lucile Packard Foundation, and the Kamehameha Schools (Bishop Trust). He was previously affiliated with the Rockefeller Foundation and the Board of Pensions of the Presbyterian Church. He graduated from Stanford University, received an M.A. from Oxford University as a Marshall scholar, and earned an M.B.A. from Harvard.
Loraine Binion (Treasurer)
Loraine Binion is the Executive Director of Finance and Administration for the University Development and Alumni Relations unit at the University of California, Berkeley. Loraine also serves as Treasurer of the UC Berkeley Foundation and Treasurer of the Berkeley Endowment Management Company. Prior to coming to UC Berkeley, Loraine held a number of senior Finance positions including 18 years at Levi Strauss & Co and has operated her own CPA firm. She serves on various Boards, is active with Community organizations and is Treasurer for a member of Congress. She has received many awards recognizing her professional accomplishments and commitment to create social change.
Loraine is also an educator, serving as adjunct professor at a Bay Area University and several Colleges. Loraine is a Certified Public Accountant and holds a Master of Business Administration degree in Finance and Accounting from UCLA and a Bachelor of Science degree from Cal Poly Pomona.