CIO Harold Bradley retires from Kauffman Foundation

Media Contact:
Wendy Guillies, 816-932-1046, wguillies@kauffman.org

(KANSAS CITY, Mo.) Aug. 7, 2012 — Harold Bradley has retired from the Kauffman Foundation after serving as Chief Investment Officer since 2007. During his tenure, Bradley developed sophisticated recordkeeping and risk analytics for the Foundation that helped produce two recent, important reports that have received industry-wide attention—a 2010 paper co-authored with Bob Litan about systemic risk affects linked to the ETF marketplace, and a 2012 paper outlining better potential alignment between institutional investors and venture capital partners.

"It was my dream to be a leader in the Foundation started by Ewing Kauffman in my hometown," said Bradley. "But after 32 years in the financial services industry, I feel it's time to take a rest. One of my goals before retiring was to publish the paper about the Foundation's experience in venture capital investing. After two years of preparation, we successfully published that report, and it's now the right time to step away and have some fun."

"Harold has done an admirable job leading the Foundation's investment staff," said Benno Schmidt, the Kauffman Foundation's interim president and CEO. "He has been an innovative thinker and an important contributor to the dialogue about good investment practices. We wish him the very best success in his future endeavors."