Michael G. McCaffery is an American businessman. He is chairman and managing director of Makena Capital Management.[1] He was previously the president and CEO of the Stanford Management Company, which oversees the Stanford University endowment.[2]
Michael G. McCaffery | |
|---|---|
| Alma mater | Princeton University (BA) Merton College, Oxford (BA, MA) Stanford University (MBA) |
| Occupation | Managing Director |
| Known for | Former CEO of the Stanford Management Company |
Education
editMcCaffery holds a BA from Princeton University. He also received an BA and an MA as a Rhodes Scholar from Merton College, Oxford. He went on to study at the Stanford Graduate School of Business, receiving his MBA in 1982.[3]
Career
editMcCaffery was chairman of the board of Robertson Stephens, an investment banking firm. In 2000, he became president and CEO of the Stanford Management Company.[3] The Wall Street Journal reported in 2006 that under his tenure, Stanford's endowment grew from $8.5 billion in 2000 to $15 billion.[4]
In 2005, he founded Makena Capital Management alongside former colleagues from Stanford.[5] In 2015, McCaffery became a member of Nvidia's board of directors.[6]
In 2019, Makena restructured, shifting from a structure composed of a four-person management committee and a chief executive officer (CEO) to a "broader, flatter" 10-person arrangement. However, Makena would once again restructure in 2020, with McCaffery becoming the firm's day-to-day sole managing partner once again.[5]
Other activities
editAs of 2014, he served as a Trustee of the Rhodes Scholarship Trust.[7]
References
edit- ^ "Makena". Retrieved 1 July 2014.
- ^ "Stanford Management Company CEO's". Archived from the original on 14 July 2014. Retrieved 1 July 2014.
- ^ a b "He'll Oversee $8 Billion in Assets". Stanford Magazine. 2000-05-01. Retrieved 2024-09-03.
- ^ Grant, Peter; Buckman, Rebecca (2006-06-27). "Fatter Pay Lures University Endowment Chiefs". The Wall Street Journal. Retrieved 2024-09-03.
- ^ a b Orr, Leanna (2020-01-21). "Stanford Endowment Leaders Built an Outsourced-CIO. Now, They're Working on Succession". Institutional Investor. Retrieved 2024-09-03.
- ^ "NVIDIA gets on board two new directors in Michael McCaffery and Persis Drell -". animationxpress.com. 2015-12-03. Retrieved 2024-09-03.
- ^ "Committees of the Rhodes Trust". Archived from the original on 15 July 2014. Retrieved 1 July 2014.