How have you been a change agent at
your organization? What have you done
that you’re particularly proud of?
When I was finishing my doctorate at Juil-liard, I never imagined I would be part of a
team building a newly formed $2B investment
portfolio within a $5.5B, 320-year-old endowment. Training as a musician and composer
has provided an unusual perspective towards
most things, which I try to bring to our work
building Trinity’s portfolio. I have been fortunate to have incredible mentors who have not
only made me a better investor, but have been
willing to engage in countless debates about
investments, process, and philosophy. Having
the opportunity to help grow and diversify
Trinity’s endowment for the coming centuries
is humbling and inspiring as we constantly
work to improve.
What is the asset class or investment
that keeps you up at night, and why?
Most of them. I like to worry.
What methodologies have you adopted
within your institution?
It’s all new at Trinity, and we are working to
integrate past successful habits, avoid those
that have been less successful, and create
new best practices.
Where do you fall in the passive vs.
Considering we are experiencing one of the
best 8+ year runs ever, it is tempting to be
seduced to believe that passive is the future.
Not knowing the future, I would wager that
we are experiencing a cyclical peak that is
accompanied by generally positive changes
across the active asset management universe.
I am also biased to want active to win… time
What are the changes you’d like to see
the institutional investing community
make in 10 years?
Longer-term focus, compensation, and contracts. We should not invest on behalf of permanent capital institutions with short-term
personal commitments. Governing bodies
must also evolve.
Who is a manager you don’t currently
work with whose brain you’d like to
Ideally, where would that meeting take
What is the software investment tool
that helps you most?
Turning it all off and reading.
Investment Director, Trinity Wall Street
(New York, NY)
An adaptable, curious and agile mind that moves
forward through learning and doing...Has a way with
people that makes them want to help—very good
with investment managers who usually hide inside
their pitchbooks. I’ve never seen anyone with an arc
of learning as convex as Nick’s.
What would improve the relationship
between you and managers?
More time to understand and develop partnerships.
Why did you choose your current path?
I have always been fascinated by the connections that make the world tick, driving people
and businesses. Partnering with investment
managers with a focus on people and companies globally is fascinating. This, in combination with the opportunity to help build
a portfolio that enables an organization to
further their mission, is very gratifying.