David A. Salem
Managing Partner and Chief Investment Officer
Prior to joining Windhorse on a full-time basis in September 2010, David served for 18 years as founding president and chief investment officer of The Investment Fund for Foundations (www.tiff.org), an investment cooperative established in the early 1990s with support from a nationwide network of foundations. TIFF managed upon David’s departure in excess of $8 billion on behalf of more than 800 endowed charities. In addition to his duties as TIFF’s president, David served as chief investment officer for all investment vehicles bearing the TIFF name, including partnerships employing private equity, realty, resource-related, and absolute return-oriented investment strategies plus a family of mutual funds investing primarily in publicly traded securities. Prior to assuming TIFF’s presidency, David was a partner in the global investment advisory firm GMO. David received a JD cum laude from Harvard Law School and an MBA with high distinction from Harvard Business School, where he was elected a Baker Scholar. He has held adjunct faculty positions at Middlebury College, from which he earned his undergraduate degree summa cum laude, and the University of Virginia, and served in the White House Counsel’s office while enrolled at Harvard. In November 2003, the Wall Street Journal named David one of the 30 most influential people in investing over the past 12 months, citing the innovative and provocative views offered in his writings on TIFF’s behalf. He served formerly on the governing boards of Middlebury College, the Center for Effective Philanthropy, the Initiative for a Competitive Inner City, and the Core Knowledge Foundation, and on the investment committee of The Atlantic Philanthropies. David devotes most of his time to the firm’s investment related activities while also assisting his partners in Windhorse’s overall management.