
Kelli P. Washington, BS '94
Chief Investment Officer, The California Endowment
Kelli P. Washington joined The California Endowment as its Chief Investment Officer in late 2024. As CIO, she manages the foundation’s $4 billion endowment, investment portfolio, and investment staff.
Before joining The Endowment, Kelli served as the Managing Director of Investment Strategy and Research at the Cleveland Clinic. In that role, which she held since 2017, she was primarily responsible for monitoring portfolio asset allocation policies, maintaining the macroeconomic research function, and collaborating with the CIO on research that directs tactical asset allocation, investment decisions, and hedging strategies for approximately $15.0 billion in assets across four investment pools.
Kelli has also served as Managing Director of Investments with Cambridge Associates, an endowment officer at Bowdoin College, and in multiple investing roles with Edward Jones in St. Louis.
Kelli is a Board Member of the Washington University (in St. Louis) Investment Management Company and the Robert Toigo Foundation. In 2021, Institutional Investor named Kelli a “Rising Star” as well as one of the “Top 50 Women in Investment Management,” and the Olin School of Business at Washington University selected Kelli as one of its “Distinguished Alumni.” In 2019, she was included on the CIO Magazine “NextGens” List and Institutional Investor’s “Most Wanted Allocators First Team.” Kelli is a CFA Charterholder; she is an Alumna of the Robert Toigo Foundation fellowship program. She earned a B.S. in Business Administration from Washington University in St. Louis and an M.B.A. from the Yale School of Management.