The Endowment Board has delegated authority from Council to manage the College’s investments. The Chair of the Endowment Board provides regular updates to Council. Read the Ordinances for the Endowment Board.

The Board has majority representation from non-executive members with market experience and expertise consistent with the Endowment’s investments.

The membership of the Board is as follows:

  • Nick Moakes (Managing Director of Investments, Wellcome Trust) (Chairman)
  • Annabel Rudebeck (Head of Non-US Credit, Western Asset Management)
  • Fabrice Varoqui (Partner, Arax Properties)
  • Chris Williams (Partner, Perella Weinberg Partners)
  • David Begg (Emeritus Professor of Economics, Imperial College London)
  • Alice Gast (President, Imperial College London)
  • Muir Sanderson (CFO, Imperial College London)

The Board provides oversight and approves all strategic decisions, including asset allocation. Members of the Endowment Board are assigned responsibility for a portfolio in line with their expertise and are supported by College staff.

Portfolio diagram

There are three portfolios, they are:

  • Unitised Scheme – the Endowment Board Member lead is Annabel Rudebeck, supported by Tony Lawrence (Director of Financial Management)
  • Endowment Property – the Endowment Board Member lead is Fabrice Varoqui, supported by John Anderson (Director of Financial Strategy)
  • Strategic Asset Investment – the Endowment Board Member lead is Nick Moakes, supported by John Anderson (Director of Financial Strategy)

The Endowment Board is overseen by the College Council and is supported by the Endowment Secretariat.