How have you been a change agent at
your organization? What have you done
that you’re particularly proud of?
I joined Prudential in 2013 as part of the
company’s initiative to rebuild their in-house
alternatives investment team. Despite being
a junior professional, I was able to take on
a lot of responsibility, and ultimately helped
shape the internal processes the group still
But perhaps the thing I’ve done during
my career that I am most proud of has the
least to do with my day-to-day work life.
Shortly after joining Prudential, I was asked
by our organization’s CIO to join a team that
would work with a local high school to organize a series of events designed to provide
young women and minorities with exposure
to career possibilities in science, technology,
engineering and mathematics (“STEM”)
fields. I have participated in these events
over the past three years and am encouraged
by some of the preliminary results.
What is the asset class or investment
that keeps you up at night, and why?
Long-bias, concentrated equity-oriented
managers whose strategies lend themselves
to position crowding.
What methodologies have you adopted
within your institution?
I have not yet introduced new methodologies
to my team’s investment process, but have
actively supported the Portfolio Manager
in standardizing and streamlining elements
our team uses to underwrite new opportuni-
ties and monitor our existing portfolio. For
example, I was responsible for building and
implementing the framework / process for
developing our asset allocation targets. More
recently I created an alpha and attribution
template that enables us to compare results
across managers with similar strategies.
Where do you fall in the passive vs.
Active management has been and, I believe,
will continue to be a source of alpha. The
current environment of low rates and low
growth has made passive strategies more
appealing as investors search for yield.
What are the changes you’d like to see
the institutional investing community
make in 10 years?
More transparency and uniformity of performance reporting that would allow us to
leverage technology and more effectively
manage our portfolios.
Who is a manager you don’t currently
work with whose brain you’d like to
Ideally, where would that meeting take
Trian’s NYC offices.
What is the software investment tool
that helps you most?
Senior Investment Analyst, Prudential Financial, Inc.
Tishawna is both respectful and gracious while
maintaining incisive perspicacity. She does tireless
research. I have no doubt she will be a leader in this
industry for years to come.
What would improve the relationship
between you and managers?
Overall, I am extremely pleased with my
relationship with the managers in our portfolio.
Why did you choose your current path?
Before joining Prudential, I was a credit
and investment banking analyst at Key
Bank, where I worked closely with leveraged
finance and M&A teams on sponsor deal
financing and capital raises. It was through
that experience that I developed a strong
interest in alternative investments and portfolio management.