Callan, an institutional investment consulting firm, has appointed Andrew Maday, CFA, CAIA, as a senior vice president in its Private Equity Consulting group. Maday will focus on private equity research, including manager and fund sourcing and due diligence, strategic planning and portfolio modelling, and servicing clients. He is based in the Chicago office and reports to Pete Keliuotis, executive vice president and head of alternatives consulting.
“Andy has years of experience as an allocator within all areas of private markets, including servicing sophisticated investors as a senior member of an outsourced CIO platform,” says Keliuotis. “We’re excited to have him on our team and look forward to his contributions to our research and consulting efforts.”
Prior to joining Callan, Maday was a private markets analyst for Illinois Municipal Retirement Fund (IMRF), responsible for the development and oversight of the private equity, real estate, infrastructure, timber, and agriculture portfolios. Prior to IMRF, he was a senior associate investment program manager at Northern Trust Asset Management, managing and implementing investment portfolios in an outsourced CIO capacity for institutional and high-net-worth clients. He also worked with Northern Trust in operational and administration areas.
Maday earned an MBA from Saint Xavier University and a BS in finance from the University of Illinois–Chicago. He is a holder of the right to use the Chartered Financial Analyst® designation and the Chartered Alternative Investment Analyst® designation.
“I am excited to help Callan continue to broaden the firm’s alternative solutions and position client portfolios to meet their objectives,” says Maday. “I have had a longstanding relationship with Callan and have seen firsthand the strength of the culture and the commitment to providing the independent thought leadership and customised solutions based on client interests and needs.”
