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Robert Litterman
Chairman, Risk Committee, Kepos Capital LP

Robert Litterman

Robert Litterman is the Chairman of the Risk Committee and a founding partner of Kepos Capital, a New York City based systematic global macro firm. Prior to joining Kepos Capital in 2010, he enjoyed a 23-year career at Goldman, Sachs & Co., where he served in research, risk management, investments and thought leadership roles. Litterman oversaw the Quantitative Investment Strategies Group in the Asset Management division. While at Goldman, he also spent six years as one of three external advisors to Singapore's Government Investment Corporation (GIC). Litterman was named a partner of Goldman Sachs in 1994 and became head of the firm-wide risk function; prior to that role, he was co-head of the Fixed Income Research and Model Development Group with Fischer Black.

During his tenure at Goldman, he researched and published a number of groundbreaking papers in asset allocation and risk management. Litterman is the co-developer of the Black-Litterman Global Asset Allocation Model, a key tool in investment management, and has co-authored books including The Practice of Risk Management and Modern Investment Management: An Equilibrium Approach (Wiley & Co.).

He earned a Ph.D. in Economics from the University of Minnesota and a B.S. in Human Biology from Stanford University. Litterman was inducted into Risk Magazine's Risk Management Hall of Fame and named the 2013 Risk Manager of the Year by the Global Association of Risk Professionals. In 2012, he was the inaugural recipient of the S. Donald Sussman Fellowship at MIT's Sloan School of Management. In 2008, Litterman received the Nicholas Molodovsky Award from the CFA Institute Board as well as the International Association of Financial Engineers/SunGard Financial Engineer of the Year Award. He is also the Executive Editor of the Financial Analysts Journal. Litterman serves on a number of boards, including Commonfund, where he was elected Chair in 2014, Resources For the Future, Robert Wood Johnson Foundation, the Sloan Foundation, OCC, and World Wildlife Fund.

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