Doug MacBean

Senior Managing Director / Deputy CIO at Caltech Investment Office

Doug serves as Senior MD/Deputy CIO at the Caltech Investment Office, which manages the institute’s USD $4.0 billion of endowment, trust and other assets including campus real estate. Doug joined Caltech in 2014 and was elevated to his new role in 2022, today leading the investment team in risk management, asset allocation, and portfolio management overseeing all asset classes and direct investments. Prior to joining Caltech, Doug served as Associate Director of Investments at Nazarian Enterprises, a single-family office in Los Angeles. He previously spent five years at Stanford Management Company (SMC) where he was responsible for the endowment’s domestic and global long-only and long/short strategies. Doug began his career in sell-side research at Robertson Stephens and Jefferies & Company. Doug earned an A.B. in government, magna cum laude, from Harvard College, and an M.B.A. from UCLA Anderson School of Management.