Michael Sinoway is the recipient of the Next Gen Leadership Recognition. He began his career in the investment industry as a trader at Group One Trading before transitioning to asset management roles at Attalus Capital and Glenmede.
He graduated magna cum laude with a degree in Economics from the University of Pennsylvania and later earned his MBA from the University of Chicago Booth School of Business, where he focused on finance, economics, and organizational behavior.
Since 2021, Michael has served as Director, Investments at Penn State University, where he takes pride in the endowment’s role in supporting the university’s students, faculty, and research initiatives. As of June 2024, the Long-Term Investment Pool stood at $7.22 billion in market value, with $4.9 billion (68%) representing endowment assets.
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What aspect of your work or contribution are you most proud of, and what impact do you hope it will have on others?
I deeply believe in the mission of the university, and knowing that my work directly impacts students, teaching, and research – while contributing to the university’s overall improvement – is incredibly meaningful.
What advice would you give someone who aspires to be in your role someday?
I would advise anyone considering this path to only pursue it if they genuinely love markets and investments.
This industry is full of exceptionally smart people, but what truly sets the best apart is an insatiable curiosity. Those who are naturally driven to explore, question, and learn are the ones who innovate and grow, ultimately making the biggest impact.
What part of your portfolio are you most excited about?
It’s an especially compelling time to be looking at credit and hedge funds (my coverage areas). Market dynamics are shifting, and opportunities in these areas are evolving in ways that make them particularly exciting right now.
What is your favorite hobby outside of work?
Basketball is a huge passion of mine. I play pickup twice a week at 5:30 a.m. at the high school, and I watch as much as I can – both live and on TV – at every level.
Lately, my biggest joy has been helping my son develop his game as he continues to improve. Watching his progress and being part of his journey has made the sport even more meaningful to me.
This piece has been edited for length and clarity.
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