Trustees say that their interactions with community members, including faculty, staff and students, are foundational to their work on the Board. No Reproduction Without Prior Authorizations. [81], The college's rowing club competes in the Colby-Bates-Bowdoin Chase Regatta annually. Trustees who work in other industries say they also bring valuable professional skills to the Board. Bowdoin in the HouseThe White House, That Is. Watergate and American Politics, Fifty Years On: A Conversation with The members come to the Board from a variety of professions. "[52], Bowdoin uses food from its organic garden in its two major dining halls, and every academic year begins with a lobster bake outside Farley Fieldhouse. All rights reserved. Kenneth I. Chenault '73, H'96 and his wife, Kathryn C. Chenault, have made a $2 million gift to Bowdoin College, the bulk of which will be used to establish an endowed fellowship that will bring exemplary leaders to campus to engage with the Bowdoin community. Those students who choose not to live in their affiliated house retain their affiliation and are considered members throughout their Bowdoin career. In a recent Orient survey sent to current students, 353 of the 372 respondents reported that they do not feel connected to the Board of Trustees, 308 reported that they have never met any of the trustees and 310 reported that they felt they could not communicate with one or multiple trustees if they wanted to. [citation needed], Bowdoin competes in the Standard Platform League of RoboCup as the Northern Bites, where teams compete with five autonomous Aldebaran Nao robots. [24], The acceptance rate for the class of 2023 was 8.9 percent. Endowment Index Ends Second Straight Year at Record High, Tags: Bowdoin, CIO, Clayton Rose, Endowment, K. Niles Bryant, Paula Volent, Massachusetts Pension Fund Increases Corporate Diversity Standards, 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. The gender imbalance of the Board can be accounted for by the unequal gender distribution of Bowdoin alumni more generally, said board member Michele Cyr 76 P12. They will be a proven leader with a demonstrated capacity to advance strategic . Currently, Page Wagley works as a Director, Investments at Bowdoin College. Prior to Owl Ventures, he was a Private . In 1999, The Bowdoin Cable Network was formed, producing a weekly newscast and several student-created shows per semester. Student at Bowdoin College, Incoming . In 1877, the college would go on to graduate the infamous Charles Morse, the American banker who established a near-monopoly of the ice business in New York, which directly led to the financial Panic of 1907. Director of the Bowdoin College Library - Maine JobLink [11] At the time of its founding, it was the easternmost college in the United States, as it was located in Maine. Three come from the healthcare industry. Last year, Bowdoin received 9,325 applications for approximately 500 spots in the first-year class. [Meeting informally] provided a chance to collect first-hand information about departmental issues, faculty concerns, she said. She completed the Harvard Institutes Management Development Program and is currently working toward a masters degree in higher education at the Harvard University Graduate School of Education. [7], The main Bowdoin campus is located near Casco Bay and the Androscoggin River. By Dylan Sloan. I spend my professional life thinking about how institutions like Bowdoin and others can invest in order to earn the types of returns that they need to earn to support their spending, said John Thorndike 02, a trustee since 2011 who currently works in asset management at GMO, an investment firm based in Boston. The Bowdoin endowment consists of more than 1,700 individual funds, and, as of June 30, had three-, five-, and 10-year annualized returns of 10.7%, 8.5%, and 11.6%, respectively. Bowdoin College was chartered in 1794 by the Massachusetts State Legislature and was later redirected under the jurisdiction of the Maine Legislature. The first women to graduate from the College did so in 1975. Phone Email. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. Directors lead the management and operation of an organization. Director of Investments. [16] President Ulysses S. Grant, too, was given an honorary degree from the college in 1865. Deciding how to allocate the Colleges finances requires more than just reading a 60-page packet before each of their three annual meetings, said Diana Spagnuolo 96, a trustee since 2018. [74] The college has since completed construction on Osher and West residency halls, the Peter Buck Center for Health & Fitness, the Sidney J. Watson Arena, 216 Maine Street, and 52 Harpswell all of which have attained LEED, Silver LEED or Gold LEED certification. Gerlin Leu 19, who currently works for Bowdoin's Office of Admissions, has received a Thomas R. Pickering Foreign Affairs Scholarship, rising to the top of a pool of 900 nationwide applicants. In 2020, she was named one of the 100 Most Influential Women in U.S. Finance by Barrons. Professor of Physics Madeleine Msall noted a decrease in recent years in the number of interactions between trustees and the faculty. Bowdoin has over 30 varsity teams, and the school mascot was selected as a polar bear in 1913 to honor Robert Peary, a Bowdoin alumnus who led the first successful expedition to the North Pole. At Rockefeller, we have enjoyed an enviable record of investment success under Amy Falls, says Bill Ford, chair of Rockefellers Board of Trustees. I have known Paula for my entire investing career and have always admired her investment judgment, passion for markets, and dedication to Bowdoin, noted Bryant. The college intends to reduce its carbon emissions 28% by 2020, leaving the remaining 23% for new technologies and more renewable energy credits. They develop goals, strategies and plans to meet the company's needs. Prior to his work in the field of investments, Bryant was an associate at the New York City law firms of Dewey Ballantine and Winston & Strawn. Bryant joined Bowdoins investment office in April 2020 as director of investments, following 16 years as an investment professional and earlier as an attorney specializing in capital markets and mergers and acquisitions. The goal of our club is to spread awareness of mental health and to destigmatize talking about it. In September 2017, Schiller and his wife donated $10 million to renovate the Schiller Coastal Studies Center. Paula Volent, Bowdoin College's chief investment officer, announced she will leave her post June 30, 2021, at the end of the current academic year, to pursue the next chapter in what has been a varied and tremendously successful career at the College. Olympian Joan Benoit Samuelson 79 Reflects on Championship, Mental Health, and Balance. Don't have a commenting profile? [60][61], The school's literary magazine, The Quill, was published between 1897 and 2015. Those who have been inducted to the Maine chapter as undergraduates include Nathaniel Hawthorne (1825), Henry Wadsworth Longfellow (1825), Robert E. Peary (1877), Owen Brewster (1909), Harold Hitz Burton (1909), Paul Douglas (1913), Alfred Kinsey (1916), Thomas R. Pickering (1953), and Lawrence B. Lindsey (1976). This is corroborated by the Official Preppy Handbook, which in 1980 ranked Bowdoin the number two drinking school in the country, behind Dartmouth. On June 30, 2020, the endowment was valued at $1.8 billion and provided $71.8 million to the annual operations of the College. Heres why. During this recent challenging period, Niles has worked side by side with me and our Investment Committee on managing Bowdoins portfolio, augmenting the investment team, and carrying out our due diligence on potential opportunities. [73], In 2003, Bowdoin committed to achieving LEED-certification for all new campus buildings. Im eager to join that community of scientists, students, postdocs, administrators, staff, and trustees and, in my new role, to contribute to the universitys culture of sustained excellence by working to assure the strength of its financial underpinnings.. Tenth Floor Nevertheless, the vast majority of students polled by the Orient felt distanced from the trustees. The education I have received as both a student and professional have been impactful beyond words and have led to this point. Bryant will take the helm a little more than a year after joining Bowdoins investment office. [76], Bowdoin College operates the Bowdoin Scientific Station on Kent Island in the Bay of Fundy in New Brunswick. Only four trustees graduated college after 1998, while 27 graduated before 1985. K. Niles Bryant will become the next senior vice president and chief investment officer at Bowdoin College, where he will be responsible for managing the Colleges $1.8 billion (as of June 30, 2020) endowment, the largest portion of which is permanently restricted to the support of student financial aid. She serves on a number of boards and investment committees including those of the National Gallery of Art, the Yale School of Management, The Rockefeller Foundation, the National Womens History Museum, Girls Who Invest, and MSCI. "[29] Many students apply for financial aid, and around 85% of those who apply to receive aid. Bowdoin Teacher Scholar Matthew Bernstein 13 Named 2023 Maine Teacher of the Year, Linda Kinstler 13 Reports on Rebuilding Efforts in Ukraine as War Rages, An Environmental Studies Program for a Rapidly Changing World, Ruby Ahaiwe 21 is Awarded a Davis Projects for Peace Prize, Student Research: Turning a Love of Star Wars into a Critical Examination of Gender, Gender, Sexuality, and Womens Studies Home, Exploring Germany's Role in Protecting the Environment, Paulina Morales 24 Awarded Obama-Chesky Scholarship for Public Service, Professor Wolfenzon Examines Maine's Little-Known Hispanic Culture, Bowdoins Purnell Completes Audio Project on History of Brooklyn, Arielle Saiber's 2017 Book Wins Bridge Award, Eunice Shin 23 Receives Gilman Scholarship Grant, Latin American, Caribbean, and Latinx Studies (LACLaS), Contentious Narratives: Truth Commissions Reports and the Struggle over Social Discourse in Latin America, Latin American, Caribbean, and Latinx Studies (LACLaS) Home Home, Wing Lecture: How Mathematics Changes over Time, Cole Crawford 20 Helps Excavate Important Legionary Base in Israel, From Boy to Man: Bowdoin Grad Writes Coming-of-Age Musical, How the Study of Animal Brains Could Help Reveal the Neural Basis of Trauma, The Challenges of Being a Journalist in Russia, Soaring on the First Autonomous Electric Flying Car, Education for All: Julie Coticchia '20 Creates a Course for Inmates, Students Stage Andean Art Exhibition, Meet Artists, Laura Henry and Laura Howells '20 on Controlling Russias Information Space, Pamela Zabala 17 Discusses Her Impactful Research on Racial Bias at Bowdoin, Guest Director Presents Bowdoin Theater Production of A Raisin in the Sun, Ethan Kent 98 Discusses Remaking Spaces with the Placemaking Movement, Two Alumni Artists Have Simultaneous Shows at Rockland Museum. Niles Bryant Named Senior Vice President and Chief Investment Officer Mens ultimate frisbee soars at sectionals, prepares for regionals next weekend, Pilot intragroup dialogue on race to start this Monday, Housekeepers voice ongoing frustrations with working conditions, Students relaunch chapter of mental health club. As a high school senior, I could not have anticipated how much Bowdoin would come to mean in my life. After almost 8 years . [citation needed], In 2001, Barry Mills, class of 1972, was appointed as the fifth alumnus president of the college. Those really heavy issues that clients are dealing with every day at work gives me, I think, a perspective that helps me when Im sitting in a trustee meeting or Im preparing for a meeting, said Spagnuolo. Niles is uniquely positioned for this leadership position at Bowdoin, said outgoing Chief Investment Officer Paula Volent. Boris Raykin has 3+ years experience as Director of Investments. Rose is the only board member who is neither a Bowdoin alum nor a Bowdoin parent. In one fell swoop, President Nixon fired his White House counsel, John Dean; forced the resignations of his two highest-ranking and most trusted aides, H.R. Investor Type Investment Partner Harry has more than 35 years experience in founding, operating and investing in successful rapid growth technology-related companies. I am thrilled to announce that after graduating from Bowdoin College this upcoming May, I will be pursing a doctoral degree in clinical psychology at William | 19 LinkedIn . Private liberal arts college in Brunswick, Maine. Five trustees come from politics or law. President and chairman of the board of L.L. Spagnuolo recalled hearing that it was because of a students comment on the importance of pre-orientation trips that the trustees decided to incorporate the price of the trips into tuition, making them mandatory for all. Theres always a student, if not more than one, at the table, Thorndike said of his work on trustee committees. [75], The 118-acre (48ha) Schiller Coastal Studies Center is located 8 miles (13km) south of Orr's Island in Harpswell, Maine. Spagnuolo worked on the Alumni Council. At Northwestern, she will replace William H. McLean, who left Northwestern in October to become president and chief investment officer of Spider Management Co., which oversees the $2.4 billion endowment for the University of Richmond. [36] In 2002, the faculty decided to change the grading system so that it incorporated plus and minus grades. Main Office Two are entrepreneurs and work in waste management and the food industry. I am thrilled to continue helping to shape the Bowdoin of tomorrow and to be working with my talented and committed colleagues in admissions and student aid and our partners across campus.. Bryant joined Bowdoins investment office in April 2020 as director of investments, following sixteen years as an investment professional and earlier as an attorney specializing in capital markets and mergers and acquisitions. Grinnell College Gets "Creative"' to Build Out Investment Team Amy C. Falls, Rockefeller University's current vice president and CIO, was named on Feb. 19 as the new vice president and CIO at Northwestern University, where she will begin overseeing the Evanston, Ill.-based university's $12.2 billion long-term pool of endowment assets sometime in the spring. The benefit of such donations has an enormous impact on the lives of students and the results can be seen across campus. Any comments made with an email address that does not belong to you will get removed. We have plenty of homework to do before we step on the campus, said Spagnuolo. [citation needed], Franklin Pierce, 14th President of the United States, Robert Peary, explorer, who claims to be the first person to reach the North Pole, William P. Fessenden, former U.S. Secretary of the Treasuery, William Cohen, 20th U.S. Secretary of Defense and former U.S. She will join the university on Aug. 15, spokeswoman Katherine Fenz said in an email. In February, she announced her intention to leave the Brunswick, Maine-based college on June 30. Marroquins appointment was announced by Bowdoin President Clayton S. Rose. October 1, 2021. Most recently, he served on the investments team as director of real assets at the Gordon and Betty Moore Foundation, a Bay Area private foundation with an $8 billion endowment. The college's radio station, WBOR, has been operating since the early 1940s. These answers pretty much are what students in my era (Class of 1976) would have given then. In 1997, hedge fund manager Stanley F. Druckenmiller 75, a trustee emeritus and a current member of the Investment Committee with a net worth of $4.7 billion, donated $35.6 million to build Stanley F. Druckenmiller Hall in honor of his grandfather. She was previously Managing Director of Investments with Cambridge Associates, an Endowment Officer at Bowdoin College, Senior Due Diligence Analyst with Edward Jones Investments, and The median family income of Bowdoin students is $195,900, with 57% of students coming from the top 10% of highest-earning families and 17.5% from the bottom 60%. Jeffrey Epstein's Private Calendar: CIA Director William Burns, Goldman Bryant will succeed Paula Volent, who will step down at the end of June after more than 20 years on the job. If the page does not reload within 5 seconds, please refresh the page. From 2004 to 2008, Bryant was associate director of investments at the Carnegie Corporation of New York, one of the nations oldest private foundations, where he worked with Chief Investments Officer D. Ellen Shuman, a member of the Bowdoin Class of 1976. According to data from standardized tests, the average SAT score for a student admitted to Williams is 1510, compared to 1500 for Harvard. Marroquin is originally from the Koreatown neighborhood in central Los Angeles, California, where she lived after immigrating to the United States from Guatemala with her mother and two sisters. Claudia Marroquin of Portland has been named senior vice president and dean of admissions and financial aid at Bowdoin, effective July 1. Senator, Joshua Chamberlain, Brigadier general in the Union Army, Oliver Otis Howard, Major General in the Union Army, Melville Fuller, 8th Chief Justice of the United States, Lawrence B. Lindsey, Member of the Federal Reserve Board of Governors, George J. Mitchell, former Senate Majority Leader, Harold Hitz Burton, former Associate Justice of the Supreme Court of the United States, Thomas Brackett Reed, former Speaker of the United States House of Representatives, Augustus Stinchfield, co-founder of Mayo Clinic. Paula Volent - Board of Directors - MSCI Inc. Bowdoin is also one of 19 colleges or universities in the U.S. that provide need-based financial aid, meet full demonstrated need for all four years and do not require loans in student aid packages. [citation needed], The Longfellows are the newest all-male group. In her new role, she will oversee Bowdoins admissions program and a financial aid program that this year is distributing more than $43.6 million in need-based aid to more than half of the student body. Welcome to Bowdoin | Bowdoin College Bowdoin students compete in 30 varsity sports and several club and intramural teams. He previously was director of real assets for the Gordon and Betty Moore Foundation for nearly 12 years, and before that was associate director of investments at the Carnegie Corporation of New York for over four years. This spring, Olivia Groell 22 and Ridhika Tripathee 22 are re-starting a Bowdoin chapter of Active Minds, a national nonprofit organization that aims to increase mental health awareness on college campuses. Bowdoin College - Official Athletics Website William Blair. In a field still dominated by men, she has been nationally recognized for her standout success. The Bowdoin Globalist, an international news, culture, and politics magazine affiliated with the Global21 organization of college magazines, has been publishing since 2012. Just Short-Term Pain, Sages Say, Canada Passes Pension Bankruptcy Protection Bill, Higher Rates to Squeeze Middle-Market Private Credit Market, Reports Kroll. Volent will succeed Amy Falls, Rockefellers current vice president and chief investment officer, who was named vice president and chief investment officer for Northwestern University in February. This week, the College released its annual endowment report for the 2020-21 fiscal year that ended on June 30, reporting a return of 57.4 percent. Each trustee serves for a term of five years, and cannot serve more than three consecutive terms. They are led by the Chair of the Board Robert White 77 P15, Vice Chair Paula Wardynski 79 and the President of the College Clayton Rose. The Investment Associate will report to the Director of Investments and be a key member of a small team tasked with managing a sophisticated, global portfolio of investments across asset classes, including public equities, venture capital . As senior vice president and dean of admissions and financial aid, Marroquin will join Bowdoins senior leadership team, reporting directly to the president of the college, and will lead one of the nations most successful undergraduate admissions and financial aid programs. Managing Director. Work Experience. The readings were intended to help the trustees familiarize themselves with the students who attend the college they are entrusted with guiding. [12], From its founding, Bowdoin was known to educate the sons of the political elite and "catered very largely to the wealthy conservative from the state of Maine. She previously served as Vice President for Investments at Bowdoin . Bowdoin College . from New York Universitys Institute of Fine Arts, and a B.A. [28], The April 17, 2008, edition of The Economist noted Bowdoin in an article on university admissions: "So-called 'almost-Ivies' such as Bowdoin and Middlebury also saw record low admission rates this year (18% each). Language links are at the top of the page across from the title. In February, she announced her intention to leave the Brunswick, Maine-based college on June 30. Lisa Noble - Senior Associate Direct.. - Bowdoin College - ZoomInfo During his undergrad years, Thorndike himself served as a student representative on the search committee that nominated Roses predecessor, President Barry Mills 72. Prominent buildings on the campus include the college's oldest building, Massachusetts Hall, the Parker Cleaveland House, and the Harriet Beecher Stowe House. I have known Paula for my entire investing career and have always admired her investment judgment, passion for markets, and dedication to Bowdoin, Bryant said. When Bowdoin was chartered in 1794, Maine was still a part of the Commonwealth of Massachusetts. It looks like you do not have any active subscriptions. In 2006, Bowdoin was named a "Top Producer of Fulbright Awards for American Students" by the Institute of International Education.[37]. Always high-quality. She will assume stewardship of the university's endowment starting August 15. The Bowdoin College Museum of Art is located in the Walker Art Building, while the Peary-MacMillan Arctic Museum is situated in Hubbard Hall. [I try] to hear directly from not just those students who are the formal liaison, but someone who may be sitting out in front of a building, and maybe not expect to have me walk up and raise a point of conversation, so that I can better educate myself about whats happening on campus.. Since then, Miscellania has grown to be a part of the tradition of a cappella at Bowdoin College. The applicant pool consisted of 9,332 candidates, up from 9,081 for the class of 2022. [citation needed], In 1970, the college became one of a very limited number of liberal arts colleges to make the SAT optional in the admissions process, and in 1971, after nearly 180 years as a small men's college, Bowdoin admitted its first class of women. Paula Volent was named vice president and chief investment officer of The Rockefeller University, New York, where she will oversee the management of its $2.3 billion endowment. While six houses were originally established following the construction of two new dorms, two were added effective in the fall of 2007, and one added in the fall of 2019, bringing the current total to eight: Baxter, Quinby, MacMillan, Howell, Helmreich, Reed, Burnett, and Boody-Johnson. He will succeed Paula Volent, who announced in February that she intends to step down in June after more than 20 years in the position. Bowdoin College is pleased to announce that in-person events will be back this fall and the College looks forward to welcoming alumni, families, and friends for some of our most popular events and activities. Bowdoin also phased out fraternities in 1997, replacing them with a system of college-owned social houses. Learn more. I have great confidence that the Bowdoin endowment will be in the very best of hands going forward. Senator from Maine, Cravath, Swaine & Moore Presiding Partner, Gold mine owner, entrepreneur, investor and philanthropist, Chairman and, later, Secretary-General of the, Business leader and President, Manufacturers Trust Company, Businessman and independent financial consultant. Seventeenjust under halfof the trustees worked or work in finance. " [The College's financial aid program] is everything that we are about today, but [the Board is] not involved in delivering financial aid in any specific way," said Rose. Niles is uniquely positioned for this leadership position at Bowdoin, Volent said in a statement. Stanley Druckenmiller 75, the chair of Bowdoins Investment Committee, said, Niles will do an outstanding job as our next CIO, and I look forward to working with him., Niles is uniquely positioned for this leadership position at Bowdoin, said outgoing Chief Investment Officer Paula Volent. Bean, Chairman and CEO of Ted Bates Worldwide, Donald M. Zuckert, Senior judge of the US District Court for the District of Maine, Economist and former Governor of the Federal Reserve, NBC News Senior Legal and Investigative Correspondent, Tennessee House of Representatives Member, This page was last edited on 29 April 2023, at 00:44. In 2010 and again in 2013, they sang the national anthem at a Boston Celtics game. During her time at Bowdoin, Volent oversaw top-decile growth of the colleges endowment over the past one-, three-, five-, ten-, and twenty-year periods. Sophia Adami-Sampson 23 has achieved a rare feat for an undergraduate. The college offers 34 majors and 36 minors, as well as several joint engineering programs with Columbia, Caltech, Dartmouth College, and the University of Maine. K. Niles Bryant will become the next senior vice president and chief investment officer at Bowdoin College, where he will be responsible for managing the College's $1.8 billion (as of June 30, 2020) endowment, the largest portion of which is permanently restricted to the support of student financial aid. [23], On July 1, 2015, Clayton Rose succeeded Mills as president. The College's historic 215-acre campus, is 35 miles . Director at Bowdoin College. Prior to moving into the financial sector, Bryant was an associate at the New York City law firms of Dewey Ballantine and Winston & Strawn. [82] The men's tennis team won the 2016 NCAA Division III Championship after defeating Emory University in Kalamazoo, Michigan. Thorndike worked as a financial analyst in Bowdoins investment office. At the same time, Gen Zers are less receptive to the principles of free speech, especially when that speech offends their values.. Paula Volent is named chief investment officer - News In addition to its Brunswick campus, Bowdoin owns a 118-acre (48ha) coastal studies center on Orr's Island[8] and a 200-acre (81ha) scientific field station on Kent Island in the Bay of Fundy. I have great confidence that the Bowdoin endowment will be in the very best of hands going forward. Many trustees draw on their professional experiences to guide their work on the Board, especially those who work in the financial sector, given that the Boards primary responsibility is fiduciary. Find contact's direct phone number, email address, work history, and more. Go to content, skip over visible header bar, renovate the Schiller Coastal Studies Center, Orient article offers singular, alarming interpretation. Bryant will succeed Paula Volent, who will step down at the end of June after more than 20 years on the job. In the proceeding years, Neal agitated for more programs, and himself taught bowling, boxing, and other sports.[80]. . To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Im sure I speak for my colleagues on the Board and in University leadership when I say how thrilled we are to be able to look forward to a continuation of the highest caliber of leadership with Paula Volent at the helm in the Universitys investment office., I have known Paula for almost twenty years, both professionally and personally, and I am deeply gratified that she will be coming to Rockefeller, says Scott Bessent, chair of the Investment Committee of the Board of Trustees.