As chief investment officer of the UPS Group Trust, Brian Pellegrino has established a reputation for achieving consistent portfolio performance and building a best-in-class investment organization. In his current role with United Parcel Service, Pellegrino maintains investment oversight for a $30 billion defined benefit trust, including decisions related to strategic direction, asset allocation and risk management.
During his tenure, he has improved efficiencies and reduced costs by transitioning the portfolio to a master trust structure and secured a material increase in the portfolio's alternative allocation by enhancing trust governance. Under his leadership, UPS has expanded its opportunity set by creating an in-house managed-account platform for alternatives and implementing secondary and co-investment programs within private markets.
Before assuming leadership of the investment team, Pellegrino advanced through the organization via a series of managerial roles, including assignments in corporate finance, treasury and mergers and acquisitions. He earned his MBA in finance from Rutgers University and a BS in accounting from Montclair State College. Pellegrino's professional credentials include the Chartered Financial Analyst designation and a Certified Public Accountant license.