Samuel N. Gallo, CPA, CAIA

Chief Investment Officer

As the Chief Investment Officer of the University of Maryland Foundation (d/b/a/ University System of Maryland Foundation, Inc.), Sam is responsible for the investment of over $1.2 billion in endowment and operating fund assets for the benefit of 22 higher education institutions.

Sam’s experience includes leadership roles with PricewaterhouseCoopers (PwC), where he assisted asset managers and institutional investors on achieving industry best practices; Ennis Knupp & Associates, where he co-led front-office investment strategy manager research on hedge fund of funds, multi-strategy, commodity, and real-return hedge funds, built the operational due diligence practice, and serviced public plan sponsors in structuring alternative investment portfolios; and as a trader/portfolio manager at a Chicago proprietary trading organization, managing over $8 billion in daily derivative transactions.

Sam is the president and founder of the Charted Alternative Investment Analyst (CAIA) Association Washington D.C. Chapter, investment committee chairman and board member of the JCC of Greater Washington, past board member of Bethesda, Maryland’s Suburban Hospital Foundation – a Johns Hopkins Hospital, and an advisory member to several industry forums such as the Alternative Investor Forum, Institutional Investor Endowment & Foundation Forum, Managed Funds Association Institutional Investor Council, and member of the Washington Area Investor Forum. 

In 2017, Sam was named, by Trusted Insight magazine, as one of the top 30 endowment CIOs. Sam was recognized, in 2015, by Institutional Investor Publishing as one of the top four foundation of the year CIOs. He is also the award winning recipient of Institutional Investor Endowment & Foundation Forum’s most effective foundation CIO in developing and instituting enhanced institutional governance. Additionally, in 2014, Sam was named, by CIO magazine, as one of the top five most innovative foundation CIOs. He is the recipient of Money Management Intelligence’s 2012 public fund rising star award.

During 2011, Sam testified as a subject matter specialist before the U.S. Department of Labor on the characteristics of alternative investments. Sam is also a former member of the University of Illinois Board of Trustees, appointed by former Illinois Governor Jim Edgar, as the first student member of the Board with full voting privileges.

Sam earned a Masters in Business Administration with Honors from the University of Chicago’s Booth School of Business and two Bachelor of Science degrees with High Honors in both Accounting and Finance from the University of Illinois.

Our Vision

Our vision is to attract broad resources that transform the USM and its institutions, create a network of advocates to embrace the USM’s role as an educator and economic engine, and to grow a long-term, sustainable culture of philanthropy across the University System of Maryland.

Learn More About USMF