Meet the Directors

Listed alphabetically by last name

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Board Member
since Jun 2019

DEREK BRODERSEN
Chief Investment Officer
Alberta Teachers' Retirement Fund

Derek Brodersen is chief investment officer of the Alberta Teachers' Retirement Fund Board (ATRF), an independent corporation that administers the pension plans for teachers in the province of Alberta, Canada. Derek is responsible for the development and implementation of investment policies and strategies, as well as the overall management of ATRF’s globally-diversified portfolio of pension assets. Derek joined ATRF in 1997 as portfolio manager, Equities, and assumed the role of chief investment officer in 2008. Prior to joining ATRF, Derek was vice president, Equities at Crown Life Investment Management, and also managed investments in the firm’s fixed income and private equity areas. Derek holds a Bachelor of Commerce degree from the University of Manitoba, an M.B.A. from York University, the Chartered Financial Analyst designation and the ICD.D designation. He is a member of the Pension Investment Association of Canada, the Institute of Corporate Directors and is a board member of the Canadian Coalition for Good Governance.

Derek is a member of the Finance Committee.


Board Member since Oct 2015

Board Member
since Oct 2015

JEB BURNS
Chief Investment Officer
Municipal Employees' Retirement System of Michigan

Jeb Burns is chief investment officer of Municipal Employees' Retirement System (MERS) of Michigan, an independent non-profit company and one of the 200 largest pension funds in the US. Jeb directs the System's $9 billion investment program. Leading a nine-member team of investment professionals, Jeb is responsible for setting investment strategy for the Fund and implementing all investment programs. Part of senior management, Jeb provides strategic leadership and guidance on business strategy, public policy, organizational development and new business initiatives. He brings a unique combination of public sector and private financial service experience to MERS. Mr. Burns has a bachelor's degree from Western Michigan University, a master's degree from Wayne State University and serves on numerous boards and committees.

Jeb is the chair of the PPI Board and an ex officio member of all standing committees.


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Board Member
since Nov 2012

HOWARD CHAO
Principal
Doon Capital

Howard Chao is an investor, lawyer and counselor to entrepreneurs. He began his work life as a corporate lawyer with O'Melveny & Myers and for many years was the Chair of the Firm's Asia Practice. He helped establish the firm's offices in Tokyo, Shanghai, Hong Kong and Beijing, and practiced for many years as a cross-border investment specialist based in Asia. Since 2001 Howard has been based in Silicon Valley, but continued to dedicate substantial time covering the Asia markets. In recent years Howard has moved to the principal side of investing and deal-making. Howard actively makes angel and other VC investments in earlier stage companies through his personal vehicle, Doon Capital, usually in collaboration with other investors. He maintains close working relationships with various VC and PE funds. Howard invests primarily in startups located in the Silicon Valley and China. Because of Howard's extensive experience with Asia, many of his deals have an Asian (particularly Chinese) nexus. Howard also maintains an active strategic consulting practice. Howard's extensive experience with investment and financing transactions in both the US and China leads him to advise and assist various clients in both places. His transactions span many different sectors, and include multinationals, financial investors and startup companies. Howard also hosts various events on subjects of current investor interest at his ranch in the Santa Cruz mountains. Recent events have covered Auto and Mobility Tech, AgTech/FoodTech, SaaS/Cloud Software, and Hardware and China.

Howard is a member of the Nominating & Governance and Program Committees.


Board Member
since Nov 2014

AJIT DAYAL
Founder - Member Portfolio Team
Quantum Advisors Private Limited

Ajit has over 25 years of experience in the investment management and financial services industry. In 1990 Ajit founded Quantum Advisors Private Limited (Quantum Advisors); a multi-asset, India-focused, SEBI-registered Portfolio Manager and a SEC-registered Investment Advisor. Ajit has worked with leading US and UK investment management firms either as a key member of the executive management team or, through Quantum Advisors, as a joint venture partner. He has also served as a Deputy Chief Investment Officer at Hansberger Global Investors, Inc, USA, and, on behalf of HGI, was the lead manager for the Vanguard International Value Fund. Ajit earned his Master's degree in Business Administration (MBA) from the University of North Carolina at Chapel Hill in 1983 after completing his Bachelor's degree in Economics from Bombay University in 1981.
 

Ajit is a member of the Finance Committee.


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Board Member
since Feb 2013

TAKAJIRO (TAK) ISHIKAWA
Senior Executive Vice President, Mitsubishi Heavy Industries America Inc., &
Senior Vice President, Mitsubishi Corporation

Tak Ishikawa has been with Mitsubishi Corporation, a global trading and investment firm since 1983 and was its Senior Vice President & Division COO of its Asset Management Business Division.  He is now at Mitsubishi Heavy Industries, one of Japan’s leading industrial & infrastructure manufacturing firms,  and moved to Houston in Oct. 2017, as its Senior Executive Vice President responsible for Business Development and M&A. Between 1994 and 2010, he spent 15 years in New York as President, CEO of Mitsubishi’s alternative asset class investment subsidiary where he was responsible for direct and fund investments in private equity and various fixed income products.  He was also the General Partner of Red Diamond Capital, a private equity fund sponsored by Mitsubishi and Advisory Board Member of KPS Capital Partners, Ripplewood Capital Partners, both New York based private equity funds. In his early years, he was Investment Director and GM for Mitsubishi’s Mining & Metals Div., in New York. He was responsible for its acquisition of Iron Ore Company of Canada and numerous other transactions in the Americas. He sits on multiple boards including Pacific Pension & Investment Institute, an education oriented non-profit to provide deep intellectual content to plan sponsors and asset owners who seek investment solutions in Asia. Graduate of Waseda University in Tokyo and has a MBA from Harvard Business School.  He is married with one daughter and one son. He now calls Houston his home but also lives part time in New York and Tokyo.

Tak is member of the Program Committee.


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Board Member
since Feb 2013

HENRY JONES
President
CalPERS Board of Administration

Henry Jones serves as president of the California Public Employees' Retirement System (CalPERS) Board of Administration. Mr. Jones retired from the Los Angeles Unified School District as chief financial officer. He also headed the Annuity Reserve Fund Board overseeing the pension fund for 7,000 schoolteachers and administrators. He serves as a personnel commissioner for the Los Angeles Community College District and a CalPERS representative of the Advisory Council of California All. He has a bachelor's degree from California State University, Los Angeles.

Henry is the secretary of the PPI Board and the chair of the Audit Committee.


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Board Member
since Feb 2011

MELISSA MA
Co-Founder & Managing Partner
Asia Alternatives Management

Melissa Ma is a co-founder and managing partner of Asia Alternatives. She is on the firm's Investment Committee and co-leads Asia Alternatives' investments in buyout, direct co-investments and special situations. Prior to launching Asia Alternatives, Ms. Ma was a director at Hellman & Friedman LLC and worked at McKinsey & Co., Inc. in the Hong Kong and San Francisco offices. She received an M.B.A. from Harvard Business School.

Melissa is the chair of the Nominating & Governance Committee and member of the Membership Committee.


Board Member
since Feb 2016

ROBERT MAYNARD
Chief Investment Officer
Public Employee Retirement System of Idaho

Robert Maynard is chief investment officer of the Public Employee Retirement System of Idaho. Mr. Maynard was formerly the deputy executive director of the Alaska Permanent Fund Corporation. He was also assistant attorney general for the state of Alaska, where he served as counsel for the Alaska Permanent Fund Corporation and the Alaska Public Employees' and Teachers' Retirement Systems. He is the former chair and a current member of the Pacific Pension & Investment Institute's board of directors. Mr. Maynard holds a bachelor's degree from Claremont Men's College (now Claremont McKenna College) and a J.D. from the University of California, Davis.

Bob is a member of the Audit and Membership Committees.


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Board Member
since Jun 2019

LAURA NASHMAN
Chief Executive Officer
British Columbia Pension Corporation

Laura Nashman joined BC Pension Corporation as chief executive officer in December 2008. Under Laura’s leadership Pension Corporation received “Gold” recognition from Excellence Canada, which demonstrates it is one of the best-managed organizations in Canada. In 2018 Business in Vancouver magazine, Deloitte and TEC Canada recognized Laura as the public sector BC CEO of the Year and in 2017 Laura was named one of the Influential Women in Business. She was also called out as one of Canada’s Top 100 Most Powerful Women by the Women’s Executive Network and recognized on Vancouver Magazine’s Power 50 list. Laura also has the designation of director with the Institute of Corporate Directors (ICD.D), and serves on several boards including Excellence Canada, the Conference Board of Canada and the Gustavson School of Business International Advisory Board. Laura is an active mentor for women leaders and emerging leaders who look to her for guidance and direction on their leadership practice and career development.

Laura is a member of the Membership Committee.


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Board Member
since Feb 2015

SHEILA PATEL
Chief Executive Officer of International
Global Co-Head of Client Business
Goldman Sachs Asset Management

Sheila is chief executive officer of International Goldman Sachs Asset Management (GSAM) and global co-head of the GSAM Client Business. She focuses on delivering GSAM's client solutions globally. Sheila serves on Firmwide Management Committee, European Management Committee, Firmwide Client and Business Standards Committee and the Goldman Sachs Leadership Development Initiative. She is also a member of the EMEA Inclusion & Diversity Committee and former senior advisor for the Investment Management Division and Securities Division Women's Networks. Prior to her current role, Sheila served as co-head of Equities Distribution in Asia, and before that, she was head of US Derivative Sales and US Synthetics Sales in the Equities Division. She joined Goldman Sachs in 2003 as a managing director and was named partner in 2006. Prior to joining the firm, Sheila was head of Trading Strategy with Morgan Stanley for seven years. Sheila earned an AB in Politics and Near Eastern Studies, summa cum laude, from Princeton University in 1991. She earned an MBA, with highest honors, from Columbia University in 1997.

Sheila is the chair of the Membership Committee.


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Board Member
since Jun 2019

CATHERINE SAVAGE
Chair
New Zealand Super Fund

Catherine Savage was appointed to the Board of the New Zealand Super Fund in November 2009, appointed deputy chair in September 2012 and chair January 2016. Catherine was treasurer of the National Gas Corporation from 1991-1993 prior to moving to AMP Capital Investors (NZ) Ltd where she worked in various senior management roles to 2000 when she became the managing director - AMP's youngest and only female country manager. Catherine is also the danaging Director of CMS Capital Limited.

Catherine is a member of the Program Committee.


Board Member
since Oct 2015

JOHN D. SKJERVEM
Chief Investment Officer
Oregon State Treasury

Mr. Skjervem leads an investment team at the Oregon State Treasury (OST) that manages a financial and real asset portfolio valued at $102.5 billion as of December 31, 2017.  That portfolio includes the $77.8 billion Oregon Public Employees Retirement Fund and various other educational, insurance and state agency accounts. Prior to his appointment at OST, John held a variety of portfolio management and leadership positions at Northern Trust including Chief Investment Officer for the firm’s then $170 billion (AUM) Personal Financial Services division.  John started his career as an associate economist for consultants Natelson Levander Whitney, and also worked as a public finance specialist for investment bankers Ehrlich Bober & Co. John earned an M.B.A. with concentrations in finance and statistics from the Booth School of Business at the University of Chicago, and received a bachelor’s degree in Economics from the University of California at Santa Barbara.  He holds the Chartered Financial Analyst designation, and serves on the Pacific Pension Institute’s board of directors.  John is also a former director of the CFA Society of Chicago and an honorary member of the St. Francis Foundation in Santa Barbara, CA.

John is the vice chair of the PPI Board, q co-chair of the Program Committee, and a member of the Audit and Nominating & Governance Committees.


Board Member
since Feb 2013

AMBASSADOR PAUL W. SPELTZ
Chairman & Chief Executive Officer
Global Strategic Associates

Paul Speltz is chairman and chief executive officer of Global Strategic Associates (GSA). For 40 years, he has been working and living in Asia in business and finance, both in the private and public sectors. Ambassador Speltz served as president of Kissinger Associates. Before that, he was the U.S. executive director and ambassador to the Asian Development Bank. In 2004, while still at the ADB, he was designated as financial and economic emissary to China by Secretary of the Treasury John Snow. Prior to his public sector service, he built and managed a global trading firm in China and was senior director and advisor on Asian geopolitical activities for United Technologies Corporation. He holds bachelor's and master's degrees from the University of Connecticut. 

Paul is a member of the Audit and Membership Committees.


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Board Member
since Jul 2012

FRANK K. TANG
Chairman & Chief Executive Officer
FountainVest Partners

Frank Tang is the chairman and chief executive officer of FountainVest Partners. Mr. Tang headed the China investments for Temasek Holdings as a senior managing director and was a member of the firmwide Senior Management Committee and its Senior Investment & Divestment Committee. He was with Goldman Sachs for nearly 11 years in New York and Hong Kong. Mr. Tang worked as an executive director in Principal Investment Area, the private equity arm of Goldman Sachs. He was later managing director and head of the Telecom, Media and Technology investment banking effort in Asia ex-Japan for Goldman Sachs. He is a board governor of the China Venture Capital and Private Equity Association, vice chairman of the Beijing Private Equity Association, and vice chairman of the Shanghai Private Equity Association. Mr. Tang holds an M.B.A. from Columbia Business School. 

Frank is a co-chair of the Program Committee and a member of the Finance Committee.


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Board Member
since Feb 2012

BRYAN THOMSON

Bryan Thomson was most recently the senior vice president of public equities at British Columbia Investment Management Corporation (bcIMC). Mr. Thomson was involved in shareholder engagement, voting all proxies for investee companies and engaging with companies, policy-makers and other like-minded investors on a range of environmental, social and governance issues. He graduated from the University of Victoria. Mr. Thomson holds both the CFA and CAIA charters and is a board member of the Canadian Coalition for Good Governance. 

Bryan is the treasurer of the PPI Board and the chair of the Finance Committee.


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Board Member
since Jun 2019

ALLYSON TUCKER
Senior Investment Officer – Risk Management and Asset Allocation
Washington State Investment Board

Ms. Tucker is the senior investment officer of Risk Management and Asset Allocation with the Washington State Investment Board (WSIB). The WSIB is one of the nation’s largest institutional investors, currently managing over $110 billion on behalf of 35 separate funds. She has 18 years of investment management experience including 5+ years as an investment specialist for BMGI. Prior to that, she worked 5+ as a research analyst for Ragen MacKenzie, a regional full-service stock brokerage firm in the Pacific Northwest. Ms. Tucker received a B.A. in Accounting from the University of Washington.

Allyson is a member of the Program Committee


Board Member
since Feb 2016

CONRAD YAN
Partner
Campbell Lutyens & Co.

Conrad Yan joined Campbell Lutyens as a Partner in 2010. Conrad is a Hong Kong Chinese national with experience of developing relationships with and raising private equity and infrastructure fund commitments from institutional investors and sovereign funds in Asia since 1994, most recently with Credit Suisse Asset Management where he was a Managing Director and Head of Regional Institutional Distribution, Asia Pacific and prior to that with AIG Investments. Conrad holds a Bachelor of Science degree and an MBA degree from the Leonard N. Stern School of Business, New York University. He is also a CFA charterholder.

Conrad is a member of the Membership and Nominating & Governance Committees.