Ashley Baum

Senior Investment Manager, Special Opportunities/Multi-Asset Strategies Group, Teacher Retirement System of Texas

Ashley Baum leads Special Opportunities for the Investment Division of the Teacher Retirement System of Texas (“TRS”), a $170 billion dollar pension plan serving the educators of Texas.  Special Opportunities is a 7 person cross-asset team she founded in 2013 to opportunistically deploy capital in areas the Trust might otherwise miss.  Her team partners internally and with external hedge fund, public equity and credit relationships; approximately one-third of the portfolio is available for single-name or thematic co-investment. Ashley joined TRS in October 2007 in External Private Markets, focusing on private equity, real estate, and special situation/credit investments. Ms. Baum transitioned into the Investment Executive Division from 2010 to 2013 where she served as Chief of Staff to then-CIO Britt Harris.  She also led TRS’ 2014 Strategic Asset Allocation Study. 

Before joining TRS, she worked as a Senior Associate in Transaction Services in San Francisco for PricewaterhouseCoopers. Ashley began her career in accounting policy research as a Postgraduate Technical Assistant at the Financial Accounting Standards Board (“FASB”).  Ms. Baum has a BBA in Business Honors and Accounting and an MPA in Accounting, both with Highest Honors, from the University of Texas at Austin. She is a CFA charterholder and holds her CPA license in Texas. She has been named as a Next Gen (2018) and Forty Under Forty (2017) by Chief Investment Officer, a Public Plan Rising Star (2016) by Institutional Investor, and a John W. Koza Leadership Fellows (2010) by the Pension Real Estate Association (PREA).