Chief Investment Officer, Cleveland Clinic Investment Office
Stefan joined the Cleveland Clinic in 2015 in the newly created role of Chief Investment Officer. He has over two decades of investment experience, including the management of diversified endowment portfolios, alternative investments, and portfolios of direct investments. He is responsible for the strategic direction and investment management of the Clinic’s$15 billion in investible financial assets, which includes the short and long-term investment portfolios, defined benefit pension funds, and a captive offshore insurance trust. In addition, he co-Chairs the Cleveland Clinic’s Retirement Committee, which oversees the$11 billion in defined contribution assets invested for the organization’s 70,000 caregivers.
Prior to joining the Cleveland Clinic, Stefan was the Vice President and Chief Investment Officer of The Annie E. Casey Foundation, a national private philanthropic organization he served for ten years. Earlier in his career, Stefan was a member of the general partner in two mid-Atlantic based early stage venture capital firms and also worked in commercialization and licensing of university-developed technology for Johns Hopkins and Virginia Tech.
Stefan has served on the Advisory Boards of several financial/investment organizations. Currently he is serving on the Advisory Boards of ABRY Partners, Altos Ventures, Flare Capital, Flagship Pioneering, Green spring Associates, and for Sponsors for Educational Opportunity, an organization dedicated to providing education-to-career pathways into the investment industry for minority youth and college students. In addition, he serves on the Investment Committee of The Cleveland Foundation and has previously served on the Investment Committees of the Maryland State Retirement and Pension System, The Planned Parenthood Federation, and The Baltimore Community Foundation. He serves as a content advisor to the Goldman Sachs Healthcare CIO Forum and the Cambridge Associates CIO Forum, and is a frequent speaker and panelist at the NMS Forums.
Stefan holds an undergraduate degree from Washington College and a graduate degree from Johns Hopkins University.