Marsh names Steve Nelson Endowments and Foundations Segment Leader
Marsh (NYSE: MRSH), a leading professional services firm, today announced that Steve Nelson has joined Marsh Investments and Retirement as its US Endowment and Foundation Segment Leader. He reports to Anne Marie Schultz, US Investments Commercial Leader, Marsh Investments and Retirement.
In this role, Mr. Nelson will lead Marsh’s Endowments and Foundations segment, helping clients develop and implement investment strategies aligned with their long-term mission and objectives. He will join the Investment and Retirement Leadership Team led by Marc Cordover and work closely with Marsh’s Endowment and Foundation professionals to advise clients on governance, investment policy, portfolio construction, and implementation.
“Steve brings deep experience serving endowments and foundations, along with the strategic and commercial leadership needed to support growth in this segment,” said Ms. Schultz. “Endowments and foundations play a vital role in supporting causes and communities over the long term, and we look forward to continuing to expand our capabilities and deliver high-quality solutions that help clients meet their evolving needs.”
“For more than two decades, Marsh has helped endowments and foundations build diversified, resilient portfolios that align with their organizational values,” said Mr. Nelson. “I’m excited to join a team with such deep expertise and specialization in this important sector.”
Mr. Nelson brings more than 27 years of strategic leadership experience across investment advisory, research, and advocacy organizations, with a particular focus on serving endowments and foundations. Most recently, he served as Principal and Director of Consulting at Prime Buchholz, where he was a member of the Executive Committee and led a practice overseeing 240 institutional investors, including both non-discretionary advisory relationships and fully delegated OCIO engagements.
Mr. Nelson previously served as Chief Executive Officer of the Institutional Limited Partners Association (ILPA), a global industry association representing more than 600 institutional investors and $3 trillion in private markets capital. Earlier in his career, he spent nearly two decades at Cambridge Associates, where he held senior leadership roles. He earned a Bachelor of Science in Finance from the Carroll School of Management Honors Program at Boston College.