2026 New York Endowment & Foundation Investment Office Roundtable

Christopher Dlutowski

Partner, Morgan, Lewis & Bockius

Christopher J. Dlutowski has represented investors, managers, and other market participants in a wide array of investment matters for over 25 years.

Christopher represents institutional investors—including public and private pension plans, family offices, sovereign wealth funds, university endowments, foundations, and funds of funds—in their investments in private equity, venture capital, private credit, real estate, infrastructure, secondary, continuation, hedge, hybrid, and other private funds, funds of funds, managed accounts, co-investments, and direct investments, with a special focus on customized investment products, including funds of one, captive funds, and strategic partnerships, in all asset classes.

Christopher also advises institutional investors governance, compliance, risk, and dispute resolution issues.

Brian Digney

Research and Content Director, SBAI

Brian Digney joined the SBAI in March 2023 in the role of Research and Content Director. He is responsible for content development and co-ordination of the ongoing and future working groups on a wide variety of topics, including valuation of private assets, ESG & carbon footprinting, governance, insurance linked strategies, digital assets, asset management regulation and compliance as well as new topics to be determined in the future.

Prior to joining the SBAI, Brian was the Head of Due Diligence & Governance Oversight at Innocap Global Investment Management (Ireland) Ltd (2018-2023) in Dublin, a subsidiary of Innocap Investment Management Inc., a US$50bn hedge fund platform. He acted as Designated Person for Operational Risk Management, a regulated role by the Central Bank of Ireland. He also sat on Innocap’s Irish Risk Oversight and Valuation Committees. In 2017, Brian joined Albourne Partners in London as a Senior Operational Due Diligence Analyst. From 2015 to 2017 he was employed as an Operational Due Diligence Analyst at Mercer Sentinel in London. From 2010 to 2015 he held various Associate level roles at Decura LLP, Morgan Stanley and Citi.

Brian holds an LLB Hons in Law with Criminology and an M.Sc. in Management and Corporate Governance from University of Ulster. Brian is a Chartered Alternative Investment Analyst.

Brian Digney

Research and Content Director, SBAI

Brian Digney joined the SBAI in March 2023 in the role of Research and Content Director. He is responsible for content development and co-ordination of the ongoing and future working groups on a wide variety of topics, including valuation of private assets, ESG & carbon footprinting, governance, insurance linked strategies, digital assets, asset management regulation and compliance as well as new topics to be determined in the future.

Prior to joining the SBAI, Brian was the Head of Due Diligence & Governance Oversight at Innocap Global Investment Management (Ireland) Ltd (2018-2023) in Dublin, a subsidiary of Innocap Investment Management Inc., a US$50bn hedge fund platform. He acted as Designated Person for Operational Risk Management, a regulated role by the Central Bank of Ireland. He also sat on Innocap’s Irish Risk Oversight and Valuation Committees. In 2017, Brian joined Albourne Partners in London as a Senior Operational Due Diligence Analyst. From 2015 to 2017 he was employed as an Operational Due Diligence Analyst at Mercer Sentinel in London. From 2010 to 2015 he held various Associate level roles at Decura LLP, Morgan Stanley and Citi.

Brian holds an LLB Hons in Law with Criminology and an M.Sc. in Management and Corporate Governance from University of Ulster. Brian is a Chartered Alternative Investment Analyst.

Ralph Eissler

MD & Head of Private Assets Research & Development, MSCI

Ralph Eissler leads MSCI’s efforts to deliver data and analytics to support private-asset investors. He was previously head of private-market research at Neuberger Berman, where he developed the research function within the alternatives business line. Earlier in his career, as a private-equity attorney, he advised clients on complex fund structures.

Ralph holds a J.D. and the German equivalent of a Ph.D. (“Dr. jur.”) in law, as well as an M.S. in economics, from the University of Konstanz. He also holds an L.L.M. from NYU School of Law. Ralph is a CFA charter holder and member of the New York bar.

Brian Jacobson

Partner, Morgan Lewis & Bockius

Brian Jacobson represents and advises clients in the alternative investment and private fund industries. He counsels institutional investors in connection with the structuring and terms of their investments in private investment funds, co-investments and other alternative investment vehicles.

He also advises fund managers with respect to the organization, formation, and operation of private investment funds and other alternative investment products, including with respect to regulatory and compliance matters.

Devin Brosseau

Director of Endowment Operations, The Rockefeller University

Devin is the COO of The Rockefeller University Investments Office. In addition to leading operations and supporting the investment team, he helps coordinate with Finance and other university departments.

Prior to joining Rockefeller, Devin spent twenty years at a financial economics consultancy. The firm provided expert witness and litigation support services for complex financial litigation with a focus on foreign exchange and its related derivatives.

Devin has a BA from George Washington University, an MBA from the Yale School of Management, and is a CFA charterholder.

John Cleaver

Partner, Morgan Lewis & Bockius

John D. Cleaver focuses his practice on the private investment fund industry, representing buyers, sellers, and managers in secondary transactions of all types, including single-interest transactions, portfolio sales, tender offers and GP-led recapitalizations and restructurings. John also counsels investment banks, private investment funds, governmental and private pension plans, sovereign wealth plans, university endowments, family offices and global institutional investors on their investments in domestic and international private investment vehicles, including hedge funds, private equity funds, co-investment vehicles, funds of one and other private investment funds. John’s practice also involves the structuring, formation, governance, and regulation of private funds, managed accounts and other products.

Christine Ayako Schleppegrell

Partner, Morgan, Lewis & Bockius

Christine Ayako Schleppegrell counsels asset managers on legal, regulatory, and compliance matters, focusing on advisers to private funds (private equity, hedge, venture capital, infrastructure, real estate, credit) and separately managed accounts. She spent several years in private practice and more recently at the US Securities and Exchange Commission (SEC), including in leadership roles in the Division of Investment Management. While at the SEC, Christine led the Private Funds Branch during a time of landmark rulemaking impacting private fund advisers, she draws on this experience to advise on current and pending regulations and to guide clients through enforcement and examination proceedings.

Christine’s practice focuses on the interpretation and application of federal securities laws, primarily the Advisers Act, Investment Company Act, Exchange Act, and Securities Act. She serves as a resource for SEC-registered advisers, exempt reporting advisers, and unregistered advisers, ranging from global asset managers with diverse product offerings to startup advisers launching their first funds. Christine provides strategic advice on fund and adviser structuring and deal-related regulatory issues that arise in connection with corporate purchases and mergers and acquisitions. She also specialises in counseling on marketing rule compliance and performance advertising as well as extraterritorial matters, including participating affiliate arrangements.

Joshua Kestler

President, Innocap Investment Management

As President, Josh is responsible for Dedicated Managed Account platform operations and onboarding, product development, business development, marketing, client coverage and ESG and impact solutions. Josh focuses on continuing to evolve and enhance our industry-leading offering and to deliver an exceptional client experience enabling Innocap to transform the industry.

Josh was previously Head of HedgeMark and was responsible for overall management of the HedgeMark business. He was responsible for strategically developing the HedgeMark DMA platform and helped build it from an idea into the largest DMA platform in the industry. Josh has more than 21 years of experience in the hedge fund industry and 18 years of managed account experience.

Prior to joining HedgeMark, Josh spent 8 years at Deutsche Bank serving in various senior roles including Head of Managed Account Platform Operations for Deutsche Bank’s X-Markets Hedge Fund Platform in the U.S. and Chief Administrative Officer of DB Advisors Hedge Fund Group. He began his career as an associate in the Investment Management Group of New York law firm, Schulte Roth & Zabel LLP.

Josh has authored numerous articles on the subject of dedicated managed accounts and has been a featured speaker at many managed account industry events. He is the Co-Founder and Co-President of Trial Blazers for Kids and a board member of Cannonball Kids Cancer, both of which are foundations focused on pediatric cancer research.

Josh received a J.D., cum laude, from the University of Pennsylvania Law School and a BA, summa cum laude, from Rutgers College.

Christine Ayako Schleppegrell

Partner, Morgan, Lewis & Bockius

Christine Ayako Schleppegrell counsels asset managers on legal, regulatory, and compliance matters, focusing on advisers to private funds (private equity, hedge, venture capital, infrastructure, real estate, credit) and separately managed accounts. She spent several years in private practice and more recently at the US Securities and Exchange Commission (SEC), including in leadership roles in the Division of Investment Management. While at the SEC, Christine led the Private Funds Branch during a time of landmark rulemaking impacting private fund advisers, she draws on this experience to advise on current and pending regulations and to guide clients through enforcement and examination proceedings.

Christine’s practice focuses on the interpretation and application of federal securities laws, primarily the Advisers Act, Investment Company Act, Exchange Act, and Securities Act. She serves as a resource for SEC-registered advisers, exempt reporting advisers, and unregistered advisers, ranging from global asset managers with diverse product offerings to startup advisers launching their first funds. Christine provides strategic advice on fund and adviser structuring and deal-related regulatory issues that arise in connection with corporate purchases and mergers and acquisitions. She also specialises in counseling on marketing rule compliance and performance advertising as well as extraterritorial matters, including participating affiliate arrangements.

Susan Mays

Partner, AIM13

Susan is a Partner at AIM13. She is a member of the firm’s Investment Committee and manages the firm’s investment operations and client relationships.

Prior to joining the firm, Susan was in the Prime Brokerage Division of Goldman Sachs. Susan is a member of the Investment Committee for Susquehanna University’s Endowment and serves on the New York Advisory Board for Best Buddies International.

Susan earned her B.S., summa cum laude, in Business Administration from Susquehanna University.

Devin Brosseau

Director of Endowment Operations, The Rockefeller University

Devin is the COO of The Rockefeller University Investments Office. In addition to leading operations and supporting the investment team, he helps coordinate with Finance and other university departments.

Prior to joining Rockefeller, Devin spent twenty years at a financial economics consultancy. The firm provided expert witness and litigation support services for complex financial litigation with a focus on foreign exchange and its related derivatives.

Devin has a BA from George Washington University, an MBA from the Yale School of Management, and is a CFA charterholder.

Martin Hirschprung

Associate, Morgan Lewis & Bockius

Martin Hirschprung’s practice involves counseling hedge funds, investment advisers/broker dealers, financial institutions, banks, mutual funds, and other market participants in negotiating their derivatives, futures, Fixed Income Clearing Corporation (FICC) repurchase, prime brokerage, custodial, and commodities transactions.

He is also a member of the firm’s privacy and cybersecurity practice, with a particular focus on financial services companies and their compliance with Gramm-Leach-Bliley Act (GLBA) privacy requirements, Regulations P and S-P, and related federal and state regulations.

Hannah Levin

Partner, Morgan Lewis & Bockius

Hannah Levin advises clients on data security incident response and state and federal investigations and enforcement actions. Hannah also coordinates breach responses for companies across a variety of sectors, represents clients before the Federal Trade Commission (FTC) and state regulators for privacy, cybersecurity, and consumer protection issues, and counsels on all aspects of privacy and data security compliance.

She provides guidance on state and federal regulations, including state data breach laws and notification requirements, the Children’s Online Privacy Protection Act (COPPA), the California Consumer Privacy Act (CCPA), the Federal Trade Commission Act (FTC Act), the Health Insurance Portability and Accountability Act (HIPAA), and the advertising industry’s self-regulatory regimes.

Thai An Le

Principal, Blackstone

Thai An Le is a Principal in Blackstone Multi-Asset Investing (BXMA). Before joining Blackstone in 2021, Ms. Le was a Vice President at Morgan Stanley Alternative Investment Partners and a Director at Castle Hall Diligence.

Ms. Le graduated from McGill University in Montreal, Canada, where she received a Bachelor of Commerce with concentrations in Finance, Strategy, and Entrepreneurship. She is also a CFA and CAIA charterholder.

Michael Lynch

Senior Director, Operational Due Diligence , La Caisse

Michael Lynch is a Senior Director on the Operational Due Diligence team at La Caisse. His team is responsible for operational due diligence on the organization’s investment funds and external managers across a broad range of asset classes and strategies. His responsibilities include assessing business and operational risks throughout the investment lifecycle and supporting fund structuring and implementation.

Before joining La Caisse, Michael was a Partner and Chief Operating Officer at Paragon Outcomes Management. He previously served as a Director and Due Diligence Manager at Fauchier Partners Corporation, and as Director of Operational Risk Management at Tremont Capital Management, where he sat on the firm’s Investment, Risk Management, and Valuation Committees. Earlier in his career, he spent a decade at JPMorgan Chase in analytical, accounting, and investor services roles, ultimately becoming a Vice President in the Performance and Analytics group.

He holds a Bachelor of Science degree from St. John’s University.