Collette Chilton is an American businesswoman and the current Chief Investment Officer of the

Williams College Investment Office The Williams College Investment Office is the subsidiary office of Williams College responsible for managing the College's endowment of over US $4.2 billion. The Office is located in Boston, Massachusetts. Its Chief Investment Officer is Collett ...

. Previously, she was the Chief Investment Officer and President of Lucent Asset Management Corporation.

Early life

Chilton grew up in the

San Francisco Bay Area The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Go ...

. Chilton attended the

University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant u ...

, and graduated with a degree in political economy of natural resources in 1981. She graduated from Dartmouth’s Amos Tuck School of Business Administration in 1986.

Career

Before working at the Williams College Investment Office, Chilton was Chief Investment Officer and President of Lucent Asset Management Corporation. At Lucent, Chilton managed over $40 billion in funds. Before Lucent, Chilton served as Chief Investment Officer of both the Massachusetts State Teachers’ and Employees’ Retirement Systems Trust and the Pension Reserves Investment Management Board. Before this, Chilton worked for both

Citicorp Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomer ...

Investment Bank and

First National Bank of Boston BankBoston was a bank based in Boston, Massachusetts, which was created by the 1996 merger of Bank of Boston and BayBank. One of its predecessor banks started in 1784, but the merged BankBoston was short-lived, being acquired by Fleet Bank in 199 ...

. As Chief Investment Officer, Chilton oversees the process of selecting managers for each

asset class In finance, an asset class is a group of financial instruments that have similar financial characteristics and behave similarly in the marketplace. We can often break these instruments into those having to do with real assets and those havin ...

in the Williams endowment portfolio. The endowment has grown substantially in the last 10 years under Chilton, except for the years of the

financial crisis A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...

and recovery: the fund returned, for example, -18.4% in 2009. Last year, the portfolio returned 9.9% with an objective of 5%. In the last 3 years, the portfolio has returned 14.1% with an objective of 6.3%. Pam Peedin, Dartmouth's Chief Investment Officer, called Chilton "one of the real leaders in our field" in an interview with the

Tuck School of Business The Tuck School of Business (also known as Tuck, and formally known as the Amos Tuck School of Administration and Finance) is the graduate business school of Dartmouth College, a private research university in Hanover, New Hampshire. Founded ...

Personal life

Chilton is currently chair of the board of The Investment Fund for Foundations Advisory Services and on the board of the Center for Private Equity and Entrepreneurship at

Tuck Tuck may refer to: People * Tuck (surname), including a list of people * Tuck (nickname), a list of people * Tuck (footballer), Portuguese football player and coach João Carlos Novo de Araújo Gonçalves (born 1969) * Hillary Tuck (born 1978), ...

. She is also on the investment committees of the Edna McConnell Clark Foundation and

Dartmouth College Dartmouth College (; ) is a private research university in Hanover, New Hampshire. Established in 1769 by Eleazar Wheelock, it is one of the nine colonial colleges chartered before the American Revolution. Although founded to educate Native ...

. Previously, Chilton served on the board of governors of NASDAQ OMX BX. Chilton lives in Boston with her husband, Court Chilton, who is a senior lecturer at

MIT The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the m ...

's Sloan School of Management.

References

{{DEFAULTSORT:Chilton, Collette Year of birth missing (living people) Living people American businesspeople UC Berkeley College of Natural Resources alumni Tuck School of Business alumni Chief investment officers Williams College people