The Progress Team
Thurman V. White, Jr., President and Chief Executive Officer
Our Progress business model allows us to build our business by helping our clients to achieve their investment objectives, and providing opportunities for other investment managers to deliver value for our clients. In this way we all work in partnership to achieve our vision to “change the face of the investment management industry.
Alex Hsiao, Chief Investment Officer
We expect all of our investment professionals to contribute to the firm’s success, meaning they are rewarded for their contributions, but they are also expected to own the responsibility of their actions and ideas.
Jose Balagot, Deputy Chief Investment Officer
So...be your name Buxbaum or Bixby or Bray or Mordecai Ali Van Allen O'Shea, you're off to Great Places! Today is your day! Your mountain is waiting. So...get on your way!
– Dr. Seuss, Oh, the Places You'll Go!
Mona S. Williams, Executive Vice President
We do not own the client relationships. We are stewards, entrusted with the privilege of serving our clients at this moment in time. Recognizing this, we strive to live up to that privilege by maintaining the highest standards of quality, excellence and value in all aspects of our client service.
Beverly Pasley-Harrison, Chief of Administration and Operations
A strong compliance foundation is the cornerstone that helps ensure trust and confidence from all of our stakeholders.
Rita Cai, Senior Vice President, Finance
The importance of money flows from it being a link between the present and the future.
– John Maynard Keynes
Safia B. Mehta, CFA, Senior Vice President and Portfolio Manager
An investment in knowledge pays the best interest.
– Benjamin Franklin
As a member of the firm’s investment team, Safia is responsible for managing client portfolios, including portfolio construction, manager evaluation, monitoring performance and rebalancing. Prior to joining Progress, Safia was a Principal at North Point Advisors, where she was a member of the Investment Committee and responsible for all aspects of portfolio management utilizing emerging sub-advisors across various asset classes. Safia has over 22 years of investment management experience which includes oversight of over $20 billion in assets for institutional pension plans invested across many asset classes with over 100 sub-advised strategies at Prudential Financial and management of over $5 billion in pension assets for PepsiCo. Safia graduated with a Bachelor of Arts degree from the University of Toronto, Canada and holds the Chartered Financial Analyst (CFA) designation. Currently she is the Vice President, Chair of University Relations and Advocacy for the CFA Society of Stamford, Connecticut. Safia regularly speaks at investment industry conferences. She has completed the Series 7 and 63 (inactive) securities examinations.
Tony J. Lee, Senior Vice President and Portfolio Manager
We are what we repeatedly do. Excellence, then, is not an act, but a habit.
Tony is a member of the firm’s investment team and responsible for managing client portfolios, including portfolio construction, manager evaluation, monitoring performance and rebalancing. Prior to joining Progress, Tony was a Senior Portfolio Manager at the $20 billion San Francisco Employees’ Retirement System (SFERS) pension fund where he managed a staff of two and was responsible for oversight of its $10 billion public equity portfolio. Prior to SFERS, Tony was an Investment Officer at the State Universities Retirement System (SURS) of Illinois for five years. While at SURS, he was responsible for oversight of the internal emerging manager of managers program and worked closely with the CIO and Deputy CIO on various initiatives across various asset classes for the fund’s investment portfolio. Tony has over 15 years of experience which includes working in both New York and Chicago at Citigroup, Silverado Capital, and Citadel Investment Group in various asset management, research and corporate finance roles. Tony received a Bachelor of Arts degree in Economics from the University of Chicago and a Master of Business Administration degree from the University of Illinois at Urbana-Champaign. He is a member of the Association of Asian American Investment Managers (AAAIM), National Association of Securities Professionals (NASP), New America Alliance (NAA), and Women in Business (WIB). Tony has completed the Series 7 and 63 (inactive) securities examinations.
Laura K. Nickols, Vice President, Investments
For everything in life, there is a trade off.
Christina Wang, CFA, Vice President and Associate Portfolio Manager
Investing is a combination of science and art, and maybe a little bit of luck.
Tung Ming, Senior Research Analyst
The balance of risk and reward is a challenge we as a firm and individuals rise up to.
Janice M. Osugi, CFA, Assistant Vice President and Senior Investment Analyst
Live to your potential by carving out a meaningful philosophy and executing to it. If you don’t know your philosophy, it is easy to get lost.
Andrew Finver, Director of Hedge Fund Research
All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.
From the ashes a fire shall be woken
A light from the shadows shall spring;
Renewed shall be blade that was broken
The crownless again shall be king.
– J.R.R. Tolkien
Andrew is responsible for leading the research and manager sourcing for the firm’s Hedge Fund platform. Andrew is involved with the selection and portfolio construction with regards to emerging hedge funds. Andrew has over 14 years of experience, most recently as the director of US research for The Torrey Funds, an emerging manager fund of funds. At Torrey, Andrew was a partner, served on the Investment Committee, and helped triple the firm’s AUM. Prior to Torrey, Andrew was an analyst at Valenzuela Capital Partners and an associate in GE Capital’s Structured Finance Group. He started his career in HSBC’s merger & acquisitions team. Andrew earned a bachelor of arts degree in political studies/ psychology from Pitzer College in Claremont, CA, and a masters in international affairs from Columbia University.
Marketing and Client Service
Marcus L. Alexis, Senior Vice President, Marketing and Client Service
Innovation-the heart of the knowledge economy-is fundamentally social.
– Malcolm Gladwell
Linda D. Cornett, Vice President, Client Service
Customer service is just a day in, day out ongoing, never ending, unremitting, persevering, compassionate, type of activity.
– Leon Gorman, CEO L.L.Bean
Eleonora Pambrun, Assistant Vice President, Marketing and Business Development
A brand that captures your mind gains behavior. A brand that captures your heart gains commitment.
– Kent Huffman
Eleonora is responsible for marketing, lead generation and brand communication initiatives. She has more than ten years of experience designing and executing integrated online and offline marketing campaigns, and developing new business opportunities. Most recently, Eleonora served as a Marketing and Business Development Associate at Strategic Investment Group. Her prior roles included a Business Manager at The National Interest, a foreign policy magazine, and a Client Liaison at PricewaterhouseCoopers in Moscow, Russia. Eleonora earned a Bachelor of Arts degree in English and German from Horlivka Institute for Foreign Languages in Ukraine and a Master of Business Administration degree with a concentration in Marketing and Business Development from George Mason University.
Operations and Compliance
Sabrina Brutus, CCEP, Vice President, Operations and Manager Compliance
Do what you love and enjoy the people you do it with, everything else will fall into place.
Hilda Wong, Vice President, Fund Administration
Fund accounting accuracy ensures data integrity and the confidence of our clients.
Richa Sharma, Vice President, Information Technology
Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.
– John Welch