May Ng

Robert Wood Johnson Foundation

Few understood the dynamics of boards and investment committees like Brian O’Neil, who served as CIO the Robert Wood Johnson Foundation for 20 years. In a webinar sponsored by the Diverse Asset Managers Initiative O’Neil states, “investment committees tend to be more focused on maximizing returns over other concerns, such as the representation of women and racial minorities among the managers with whom they work.” Under O’Neil’s leadership investment staff sourced diverse firms and the organization developed strategic partners designed to move the needle on diversity across the industry. Partners included Girls Who Invest, SEO and the Robert Toigo Foundation. O’Neil retired last year, and May Ng now serves as Chief Investment Officer. She oversees all aspects of management of the endowment portfolio; executes overall investment policy, asset allocation, manager selection, and portfolio risk; and works closely with the mission-driven Impact Investments team. She was previously Vice President and Chief Investment Officer at the Annie E. Casey Foundation, where she managed a $3.5 billion diversified investment portfolio. The Casey Foundation has been an industry leader in diverse manager investing. Prior to joining the Casey Foundation, Ng was a senior investment officer at The George Washington University, where she was a member of a generalist team managing the university’s endowment.