Michael Delli Paoli, Pe Email & Phone Number

New York, Ny, Us

New York, New York, United States

Ny, Ny

New York City Metropolitan Area

Greater New York City Area

- Leadership philosophy focused on maximizing client impact and improving client experience through prioritizing risk management and objective monitoring of investment recommendations. Instilled a results-oriented culture through the creation of a performance tracking system, realignment of analyst coverage, and incorporation of investment results with analysts’ incentive compensation. - Supervise the due diligence process for actively managed third-party US equity investment products at MSWM. Lead a team of nine investment analysts covering over 700 SMAs, mutual funds, CITs, and ETFs spanning growth, value, and core styles across multiple market capitalizations. - Present high conviction investment recommendations and offer guidance on portfolio construction to multi-asset investment teams (OCIO and discretionary UMA), as well as to MS Pathway Fund board members, institutional clients (pension boards, endowment and foundation representatives) and high net worth individuals. - Develop and maintain a high conviction Focus List composed of top active managers across the nine US equity investment styles. Risk-adjusted performance of Focus List US equity strategies rank in the top two quartiles, relative to respective peer groups, in all nine style categories over the trailing 3-year annualized period ending December, 2020. Balance fundamental characteristics and risk factor exposures to create consistency in results.- Drive efforts to more clearly delineate investments between high conviction Focus List versus Approved List that resulted in 92 upgrades and downgrades, as well as 53 terminations and replacements since 2016. Mentor analysts on thesis development and champion over 290 Investment Committee presentations.- Publish whitepapers, including more recently, Heavy Index Concentrations Pose New Risks and Opportunities, as well as featured articles for MSWM’s monthly On the Markets publication.

Greater New York City Area

- Directed 4 senior analysts and improved productivity resulting in more timely publication of manager research reports. Enhanced consistency in opinion statements and forward looking performance expectations. - Served as lead analyst for registered and non-registered energy MLP portfolios. Published papers and offered guidance on listed infrastructure and energy MLPs to financial advisors and their clients, particularly through the challenging energy markets beginning in 2014. - Led the research efforts and introduction of listed infrastructure to MSWM platforms. Published a client approved paper MLP Investment Vehicles; Performance, Tax, and Expense Considerations.

- Conducted investment due diligence on traditional equity portfolios and alternative investments (managed futures, market neutral, and arbitrage styles; REIT and MLP/energy infrastructure strategies). Monitored 60 SMA and fund strategies representing over $7 billion in client assets. - Coordinated the development of a liquid hedge fund of funds portfolio. Performed due diligence of funds characterized as long/short equity, managed futures, market neutral, event driven, multi-strategy, and global macro. Analyzed portfolio combinations and decomposed hedge fund benchmarks. - Member of GWIM’s Real Assets Sub-Committee charged with oversight of manager selection in real estate, infrastructure, and commodities investments. Co-authored whitepaper How Real Assets Respond to Inflation.

- Conducted investment due diligence of MLP focused closed-end funds prior to IPOs which included the ClearBridge Energy MLP Fund that raised $1.2 billion, and the $1.0 billion Tortoise MLP Fund. - Developed private equity market exhibits and research using databases including Cambridge, Preqin, Dealogic for Merrill Lynch’s Private Equity Quarterly publication.

- Performed due diligence of Warburg Pincus Private Equity Fund X and ePlanet Venture Capital Fund in preparation for retail distribution. Created a cash flow analytics tool that linked return multiple of investment and IRR with characteristics including stage, geography and industry, as well as examined fund sensitivity.

Directed the Safety Evaluation of Existing Dams program; safety inspections conducted on the Service’s 193 dams. Supervised three Architectural/Engineering contracts. Assisted in the development of a risk-based portfolio management strategy for the Service’s dams to more efficiently allocate funding for inspections.

- Planned and designed a $6 million dam rehabilitation project while maintaining the project’s aggressive budget and schedule. Performed hydrologic and hydraulic numerical modeling, facilitated construction planning, coordinated with geotechnical and materials design teams and maintained communication with the client’s representatives.- Supervised staff in the development of engineering modeling, design and drafting of construction drawings resulting in completion of projects on time and within budget.

Assisted a team of engineers with the design of commercial and residential site development, and with the planning and design of various infrastructure projects including dams, breakwaters, bridges and environmental facilities.

Mba, Finance

Activities and Societies: Graduate Investment Fund - Portfolio Manager of Energy & Utilities (2007), Analyst of Energy & Utilities (2006).

Ms, Civil Engineering, Minor In Business Management

Activities and Societies: Research Assistant; Portion of thesis published in the Journal of Coastal, Port & Harbor Engineering, American.

Bs, Civil Engineering

Activities and Societies: American Society of Civil Engineers