Massachusetts Water Resources Authority (“MWRA”) Employees’ Retirement System
Baxter Street Investment Team
Chad M. Clark, Portfolio Manager, Analyst, Principal
Mr. Clark joined Select Equity in August 2010. He has been responsible for the portfolio management of the Cooper Square strategy (the
Firm's international long/short strategy) since its inception in January 2011 and of the Baxter Street strategy (the Firm's international long-
only strategy) since its inception in September 2012. Mr. Clark is a member of the Firm's Management Committee. Prior to joining Select
Equity, Mr. Clark spent 14 years at Harris Associates, where he was a Partner and co-managed the Oakmark International Small Cap Fund
and Harris International Value L.P. Prior to Harris Associates, he was an Analyst in Corporate Finance at William Blair & Company. Mr.
Clark is a CFA® charterholder. Mr. Clark received a B.S. from Carnegie Mellon University (summa cum laude).
Matthew C. Pickering, Portfolio Manager, Analyst, Principal
Mr. Pickering joined Select Equity in December 2010. He is the Portfolio Manager of the Cooper Square strategy and the Baxter Street
strategy. Prior to joining Select Equity, Mr. Pickering was an Analyst with Harris Associates for four years. Prior to Harris Associates, he
worked for six years as an Analyst and Associate Portfolio Manager with Institutional Capital. Mr. Pickering is a CFA® charterholder. Mr.
Pickering received a B.S. from Miami University (magna cum laude).
Brian M. Vollmer, Crosby Street Portfolio Manager, Analyst, Principal
Mr. Vollmer began at Select Equity as an intern in 2005 and joined the Firm full time in August 2006. He has been responsible for the
portfolio management of the Crosby Street strategy (the Firm's global large cap long-only strategy) since its inception and is responsible for
the day-to-day management of the Sheridan Square strategy (the Firm's international large cap long-only strategy). He is also an Associate
Portfolio Manager of the Baxter Street strategy and is a member of the Firm's Management Committee. Prior to joining Select Equity, Mr.
Vollmer worked as a private equity Investment Analyst for Hicks, Muse, Tate & Furst. Prior to Hicks, Muse, Tate & Furst, he worked in the
Investment Banking Division at Goldman Sachs. Mr. Vollmer received a B.S. from the University of Virginia (with distinction) and an M.B.A.
from the Stanford Graduate School of Business, where he graduated as an Arjay Miller Scholar.
Loren S. Lewallen, Cooper Square Associate Portfolio Manager, Analyst, Principal
Mr. Lewallen began at Select Equity as an intern in 2006 and joined the Firm full time in September 2007. He is an Associate Portfolio
Manager of the Cooper Square strategy. Mr. Lewallen is a CFA® charterholder. Mr. Lewallen received a B.A. from Columbia University
(magna cum laude).
Jonathan D. Allen, Chief International Strategist, Senior Analyst
Mr. Allen joined Select Equity in April 2010. He is the Firm's Chief International Strategist. Prior to joining Select Equity, Mr. Allen was a
Principal, Portfolio Manager and Analyst with Clay Finlay for 16 years. Mr. Allen is a CFA® charterholder. Mr. Allen received a B.A. from the
University of Pennsylvania.
Alex Apanovitch, Analyst
Mr. Apanovitch joined Select Equity in March 2018. Prior to joining Select Equity, Mr. Apanovitch was a Research Analyst at King Street
Capital Management. Prior to King Street, he worked in the Investment Banking Division at Goldman Sachs. Mr. Apanovitch received a B.A.
and B.Sc. from Western University in London, Ontario (with distinction).
As of December 31, 2020.
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