Crosby was appointed as investment director—endowments and foundations, effective immediately. In this role, Crosby will work closely with investment market business leaders and market investment directors. She will have national responsibility for all of Mercer’s endowments and foundations business development initiatives. Crosby will also assist in leading Mercer’s future proposition development and positioning in this important market segment. She will report to Tom Murphy, Mercer’s U.S. head of fiduciary management and will be based in New York.Burke was appointed as investment director—alternative investments, effective immediately. In this role, Burke will have national responsibility for all business development efforts across Mercer’s alternatives offerings, including hedge funds of funds and private equity, both directed and discretionary In addition, Burke will continue as investments director within the Northeast Market. He will report to John Nussbaumer, Mercer’s U.S. national investment director and will be based in Boston.
Previously, Crosby focused on expanding Mercer’s implemented consulting business, and supported the firm’s endowment and foundation consulting practice. Crosby also initiated the endowment and foundation relationship management effort at Merrill Lynch, and led business development for Perella Weinberg, an investment outsourcing provider.
Crosby holds a B.A. and B.S. in economics from Northern Illinois University, and a Ph.D. in economics from Northern Illinois University. She serves on the Board and Investment Committee for The Art Student’s League of New York. She previously served on the Board of Northern Illinois University Foundation and on the Investment Committee from 2004 to 2006.
Burke was previously investment director for Mercer’s New England and Mid-Atlantic markets. He has business development experience in the alternatives market through previous roles at both Oppenheimer Funds and Gottex Fund Management, a hedge fund of funds firm based in Lausanne, Switzerland.Burke holds a B.A. in political science and a J.D. from Boston College. He also received his MBA from F.W. Olin Graduate School of Business at Babson College.