2025 / 2026 Edition

Quiet Excellence

The Silent 10

"A subjective list of the most effective capital allocators in the world today. Chosen not for their assets under management, but for the clarity of their thought and the durability of their process."

No. 01Public Pension / Private Markets

Yup Kim

Chief Investment Officer|Texas Municipal Retirement System (TMRS)

Architect of a bold new vision for the $44bn pension system, pushing aggressively into private equity and venture capital with a focus on high-conviction partnerships.

No. 02Endowment Model / Private Markets

Eric Ramsay

Managing Partner|Jasper Ridge Partners

A key architect at Jasper Ridge, known for refining the endowment model for taxable families. His work on risk-adjusted returns in private markets has set a new standard for multi-family office allocation.

No. 03Single Family Office

Jane Simpson

Chief Investment Officer|Weybourne

CIO of the Dyson family office. Known for a disciplined, low-profile approach to compounding wealth across generations while managing complex global liquidity needs for one of the UK’s most prominent industrial families.

No. 04Foundation / Endowment

Brian O’Neil

Chief Investment Officer|The Wallace Foundation

A veteran allocator who paused retirement to steward the Wallace Foundation. Renowned for his 40-year tenure at the Robert Wood Johnson Foundation and his mastery of the ‘endowment model’.

No. 05Single Family Office

McCall Cravens

Chief Investment Officer|Heinz Family Office

Winner of the 2025 Family Office Investor of the Year. Celebrated for her sophisticated handling of taxable assets and her ability to navigate the unique governance structures of a historic dynasty.

No. 06Concentrated Equity / Family Office

Ali Jaffery

Senior Advisor|Marlowe Partners

Former senior executive at J. Rothschild Capital Management. A specialist in concentrated equity investing and the strategic deployment of family capital into high-quality compounders.

No. 07OCIO / Public Markets

Anne Marie Fleurbaaij

Managing Director, Public Equity|Makena Capital Management

Leading the charge in public markets at Makena. A vocal advocate for the role of active management in an era of concentration, challenging the passive consensus with rigorous selection.

No. 08Single Family Office

Suzi Kwon Cohen

Chief Investment Officer|Mousse Partners

Steward of the Chanel fortune. Known for a highly sophisticated, private equity-heavy approach that mirrors the long-term horizon of the luxury house itself. A quiet giant in the LP world.

No. 09Life Sciences / Sovereign Capital

Johan Brønnum-Schou

Managing Partner|Novo Holdings

Key figure at the controlling shareholder of Novo Nordisk. Masterfully reinvesting the proceeds of a global pharmaceutical boom into a diversified, life-science focused portfolio.

No. 10Single Family Office

Matthew Rozyczka

Chief Investment Officer|Duquesne Family Office

CIO for the Druckenmiller family. A master of macroeconomic capital allocation, managing one of the most prestigious and high-performing family offices in the world with a focus on absolute returns.

Editorial Note
"The best allocators are rarely the loudest. They are the architects of resilience, building portfolios that can weather storms not yet forecast."
— Allocation Institute Editorial Board