Hirtle, Callaghan & Co., one of the nation’s largest privately held investment firms, has named Jamie R. Johnson Director of Private Equity. Johnson brings more than two decades of private equity experience to his new position, including nine years managing investment portfolios for leading industrial families in Europe.
In his new position, Johnson will oversee the firm’s private equity effort. Claire Kendrick will continue to lead the portfolio management process and Amy Schondra will lead operations for the unit.
“We are thrilled to have Jamie on board. Capturing the inefficiencies of the private equity market to enhance client returns has always been a priority at Hirtle Callaghan. We are adding capability at the most senior level to underscore our commitment to this critical area,” said Jonathan Hirtle, CEO of Hirtle Callaghan. “Jamie is already busy building upon the excellent work done by our team to date.”
Johnson most recently served as a Managing Director of Paul Capital Investments, a San Francisco-based fund-of-funds. From 1999 – 2005, he served as Head of Private Equity at Alta Advisers, a London-based family office that served the family of Swedish industrialist Hans Rausing. He oversaw the office’s global private equity and venture capital investment program.
Before joining Alta, he held a similar position at another European-based institutional-scale family office.
From 1991 – 1996, Johnson was a Director and Principal in the private equity team at Gartmore Investment Management in London. He was instrumental in the formation of one of the U.K.’s first venture capital trusts.
Prior to that, he managed the European operations of Venture Economics, a publishing and data services business focusing on the venture capital and private equity industry. It was subsequently sold to Thomson Financial.
A summa cum laude graduate of Ohio Wesleyan University (B.A. ’81), Johnson also holds an M.B.A. (’83) from the University of Chicago Graduate (now Booth) School of Business.
Founded in 1988, Hirtle Callaghan was the first asset management firm to serve as an outsourced Chief Investment Officer for clients who were tired of dealing directly with conflict-laden Wall Street firms, but chose not to employ their own, fully-staffed investment department.
Hirtle Callaghan’s clients include family groups, endowments, foundations and pension funds. The firm has grown rapidly over recent years and that growth has accelerated in the wake of the recent market turmoil.
About Hirtle Callaghan
With $18 billion under discretion and recognition as a Top 20 Wealth Manager, Hirtle Callaghan manages complete, globally-diversified, multi-manager investment programs emphasizing the significance of strategy and risk management at every step of the process.
Now in its 22nd year, Hirtle Callaghan sets a new investment standard – complete objectivity, the insight and discipline of a professional Chief Investment Officer supported by a fully staffed investment department and high-touch professional service -an approach previously available to only the largest, multi-billion dollar family groups and institutions.
“The investment marketplace has reached a tipping point of complexity. More than ever before, serious investors need sophisticated, conflict-free, total solution-oriented programs.” Hirtle said.
“Our industry is ready for a sea change. We plan to be the institution that leads the way.”