Sharcus Steen

University of Maryland Foundation

The University of Maryland Foundation, committed to advancing education, research, and community engagement, places a strong emphasis on effective financial management to support its mission. Sharcus Steen, serving as the Chief Investment Officer, plays a critical role in overseeing the foundation's investment strategies and ensuring alignment with its goals. With his expertise, Steen ensures that the foundation's endowment is managed in a manner that seeks growth and sustainability while also considering factors such as diversity, equity, and inclusion. Steen joined the Foundation in 2017 as the Director of Investments, overseeing and monitoring all investments for the USMF portfolio. He served as interim CIO from July 2022 until his appointment as CIO in October 2023. His prior experience includes serving as a Senior Investment Director for Cambridge Associates, where he worked with nonprofit clients on general investment issues such as asset allocation strategy, manager selection, and investment program evaluation. Prior to joining Cambridge Associates, he worked in consulting both at Ericsson as a senior consultant in their strategy consulting division and at Booz Allen Hamilton as an Associate. Prior to consulting, Mr. Steen worked at Citigroup in a variety of roles including the Investment Bank’s Treasury department, Citigroup’s Pension Fund, and in Strategy and Mergers/Acquisitions.