Your Haas Network
Deborah E. Gallegos, MBA 95
Chief Investment Officer
New York City, NY
Deborah Gallegos, MBA 95, likes a challenge. And as Chief Investment Officer for New York City she has found one: she is at the center of one of the most complex city governments in the nation, supervising investments for New York City's five pension funds, which together have close to $85 billion in assets. The systems fund retirements for the city's civil servants, teachers, firemen, police officers, and board of education.
After earning her MBA from Haas in 1995, Gallegos has accumulated a combination of private and public experience that is a perfect match to her position in New York. "I know how to work with trustees, work in the government sector, and to compete with the street," says Gallegos.
Gallegos moved to New York from a less high-profile post as deputy state investment officer for the New Mexico State Investment Council, where she oversaw a $1 billion private equity program and worked with the governor on investing $11.8 billion in assets. Before that she worked in the private sector with stints at Callan Associates (a pension fund consulting firm), Morgan Stanley, and JP Morgan Fleming Asset Management.
In every step of her journey from equity research to asset management to government, she noted that she's received lots of encouragement. "Being a minority woman, I have benefited from the advice of mentors over the years," says Gallegos, "That's been important to me – having people who give long-term career advice and who have an interest in helping me succeed."