Mike Edleson joined the Penso Advisory Board as an inaugural member in May 2020.  Mike was Managing Director at The University of Chicago Office of Investments as Chief Risk Officer since April 2010, recently retiring to Emeritus status. From 2003 to 2010, he ran risk management globally for four major divisions of Morgan Stanley as Managing Director, including Equities and Morgan Stanley Smith Barney.  Previously, he served as Chief Economist and Senior Vice President of NASDAQ and NASD.  Edleson was a finance professor at Harvard Business School for over six years, following four years on the faculty at West Point; he was an Army engineer officer and served over 29 years in uniform, active and reserve. Mike is a well-known speaker on risk and portfolio management topics, and a financial author and inventor.  He has been co-editor or associate editor of two finance journals, recently serving on the board of Financial Management Association International. Edleson earned a BS from West Point and an MS and PhD in economics from MIT, and is a CFA charter holder and author of the new CFA Risk Management curriculum. He currently serves on the Investment Committee of the board at West Point, and on the boards of three other hedge funds.