Board Member Alex Hsiao

AAAIM

Alex leads the investment team overseeing all investment and fund-related activities at Progress including quantitative evaluation and the monitoring of manager performance, portfolio monitoring and analysis, manager selection and communication. He chairs the Investment Committee and is a member of the Management and Strategy Committees. Prior to joining Progress, Alex served as the Treasurer & Chief Investment Officer of The California Endowment in Los Angeles, California. While there, he managed a portfolio of approximately $4 billion in various traditional equity, fixed income, and alternative investment strategies.

During Alex’s tenure the Endowment’s portfolio consistently outperformed its benchmark. Prior to his work with The California Endowment, Mr. Hsiao worked for Bankers Trust in Hong Kong, where he managed a staff of 10 and served as a Risk Management Analyst and, later, as Vice President, Fixed Income, managing a $2 billion proprietary debt portfolio focused on undervalued assets in China, Korea, Singapore and other countries in the Far East.

Alex has an undergraduate degree in Managerial Economics from the University of California, Davis, and a MBA from the University of California, Irvine.