Investment Committee

The Investment Committee is responsible for overseeing the Foundation's assets and reporting to the Board of Trustees, who is ultimately responsible for the management of the Foundation's investment assets.

Andy Ballard, chair of the Investment Committee and a Trustee of The San Francisco Foundation, is a managing director at Hellman & Friedman LLC. He also serves as a director of Catalina Marketing Corporation, Getty Images, Inc., and Internet Brands, Inc. He was formerly a director of Activant Solutions, Inc., DoubleClick, Inc., and Vertafore, Inc. Prior to joining Hellman & Friedman LLC in 2004, he was employed by Bain Capital in San Francisco and Boston. He graduated cum laude from Harvard College and earned an MBA from the Stanford Graduate School of Business

David Friedman, chair of The San Francisco Foundation Board of Trustees, is a senior principal and chair of the board of Forell/Elsesser Engineers. He is the immediate past chair of the board of directors of the Jewish Home of San Francisco, currently serving as chair of the board of Moldaw Family Residences and trustee of the Jewish Home & Senior Living Foundation. He is also a trustee of the UC Berkeley Foundation, a trustee and treasurer of the Friedman Family Foundation, director of the Faultline Foundation, and vice president of the board of directors of Architectural Foundation of San Francisco. He was formerly on the boards of San Francisco Day School and Asian Neighborhood Design. Appointed in 2004.

The return on the Foundation’s Endowment for fiscal year 2011 was 21.7%.

Edward H. McDermott, a Trustee of The San Francisco Foundation, is a managing director of SPO Partners & Co., a private investment partnership that makes concentrated, long term investments in public and private companies. Prior to joining SPO Partners, he worked with Goldman, Sachs & Co. in their investment banking division. He currently serves as a board member of Lamar Advertising and Aggregates USA. He is also a former board president of San Francisco School Volunteers. He received his B.A. from Williams College and his M.B.A. from the Stanford Graduate School of Business.

Bob Peck is a managing director of FPR Partners, a private investment partnership focused on public equities. Prior to founding FPR, Bob was with the Murchison family in Dallas. He also spent eight years at Perot Investments with his last position as head of public equities. Bob serves on the boards of the Fremont Group, the S. D. Bechtel, Jr. Foundation, and Grace Cathedral. Bob received an M.A. in Politics, Philosophy and Economics from Oxford University, where he was a Rhodes Scholar. He also graduated from Princeton University with an A. B. in History.

Sarah Stein is managing director and the co-director of research at Hall Capital Partners LLC. She previously worked at Goldman Sachs & Company and the Fisher Family Foundation, and was an English teacher in Guangzhou, China. She is currently a trustee of the Breakthrough Collaborative, Crystal SpringsUplands School, and KIPP Bayview Academy. She is a former trustee of Princeton University, where she received her undergraduate degree. She earned her Masters in Business Administration and Masters in Education from Stanford University.