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Endowment
Aerial view of the University of Rochester River Campus.

Investment Staff

Portrait of Douglas W. Phillips.Douglas W. Phillips

Senior Vice President and Chief Investment Officer

Education
Rutgers University, BA 1980
Rensselaer Polytechnic Institute, MBA 1991

Employment
Financial Analyst, Management Planning, Princeton NJ (1980-1981)
Manager of Investment Administration, Princeton University (1982-1986)
Associate Treasurer / Treasurer, Williams College (1986-2000)
Senior Vice President, University of Rochester (2000-present)

Awards and Presentations
2010 NACUBO Rodney Adams Award for Endowment Management (Read his comments at the acceptance ceremony.)
2018 presentation at the NMS Conference in Scottsdale, AZ (Camp Fire Stories With Douglas Phillips.)

Portrait of Richard C. Insalaco.Richard C. Insalaco

Senior Investment Officer and Assistant Treasurer
Adjunct Professor of Finance at Simon School of Business

Education
University of Rochester, BA 1984
University of Michigan, JD 1987, MBA 1996
CFA Charterholder

Employment
Corporate Attorney, Thelen et al/Titchell, Maltzman et al, San Francisco CA (1987-1994)
Trader/Senior Financial Analyst, Federal Reserve Bank of New York (1996-2006)
Investment Officer, University of Rochester (2006-2011)
Senior Investment Officer & Assistant Treasurer, University of Rochester (2011-present)
Adjunct Professor of Finance, Simon Business School, University of Rochester (2014-present)

Portrait of Robert C. Rahbari.Robert C. Rahbari

Senior Investment Officer and Assistant Treasurer

Education
University of Michigan, BA 1993
University of Chicago Law School, JD 1996

Employment
Associate, Skadden, Arps, Slate, Meagher & Flom LLP (1996-2000)
Vice President Strategic Relations, Director, General Counsel, Ondotek Inc. (2000-2003)
Associate, Weil, Gotshal & Manges LLP (2003-2004)
Director, Ferro Capital LLC (2004-2006)
Co-Founder and Managing Director, RAS Capital Management (2006-2009)
Vice President, Private Bank, J.P. Morgan (2010-2013)
Investment Officer, University of Rochester (2013-2018)
Senior Investment Officer and Assistant Treasurer, University of Rochester (2018-present)

Portrait of Steven M. Groves.Steven M. Groves

Senior Investment Officer

Education
SUNY Fredonia, BA & BS 1997
University of Rochester, MBA 2005

Employment
Risk Management Analyst, Manning & Napier Advisors (1997-2000)
Investment Analyst, University of Rochester (2000-2004)
Investment Officer, University of Rochester (2004-2022)
Senior Investment Officer, University of Rochester (2022-present)

Portrait of Claudia Rosello.Claudia Rosello

Investment Officer

Education
Universidad de Los Andes, BA (Bogota, Colombia)
London School of Economics, MSc Development Studies (London, U.K)
CFA Charterholder

Employment
Financial Analyst, Ministry of Finance, Bogotá, Colombia (1996-1999)
Financial Analyst, FOGAFIN, Fondo de Garantías de Instituciones Financieras, Bogotá, Colombia (1999-2000)
Independent Consultant (2002-2003)
Advisor, Superintendencia Financiera de Colombia (Office of the Financial Superintendent) Bogotá, Colombia (2005-2006)
Director for Portfolio Investments, Superintendencia Financiera de Colombia (Office of the Financial Superintendent)
Bogotá, Colombia (2006-2008)
Senior Analyst, Product Management- Emerging Markets PIMCO, Newport Beach, California (2008-2013)
Investment Associate, Cornell University, Office of University Investments (2015-2023)
Investment Officer, University of Rochester (2023-present)

Portrait of Ryan N. Kirchhof.Ryan N. Kirchhof

Investment Analyst
Whitney Fellow

Education
University at Albany, BS 2023

Employment
Real Estate Management and Development Intern, Paulsen Development (2021)
Endowment Office Intern, The Brookings Institution (2022)
Investment Research Assistant, The Brookings Institution (2022)
Investment Analyst, University of Rochester (2023-present)

Portrait of Tammy S. Lancy.Tammy S. Lancy

Manager of Investment Operations

Education
Roberts Wesleyan College, BA 1992

Employment
Secretary, University of Rochester (1993-1995)
Administrative Assistant, University of Rochester (1995-2004)
Manager, Investment Operations, University of Rochester (2004-present)

Portrait of Stephanie Westen.Stephanie Westen

Senior Investment Operations Analyst

Education
Duke University, BS 2005
Temple University, Master of Music 2008
University of North Carolina at Chapel Hill, Master of Accounting 2010
Certified Public Accountant

Employment
Assurance Associate, RSM US LLP (2010-2012)
Performance Analyst, DUMAC, Inc. (2012-2016)
Senior Internal Auditor, University of Rochester (2017-2018)
Investment Operations Analyst, University of Rochester (2018-2023)
Senior Investment Operations Analyst, University of Rochester (2023-present)

Portrait of Andrea C. Saunders.Andrea C. Saunders

Administrative Assistant

Education
Monroe Community College, AAS 1999

Employment
Secretary, University of Rochester (2004-2006)
Administrative Assistant, University of Rochester (2016-present)