Carmen Thompson joined Rice University in 2005, first overseeing risk management and asset allocation, and currently the Managing Director overseeing Rice's $1 billion+ allocation to hedge fund and distressed investment strategies. Prior to joining Rice, she was Vice President of Finance and Investor Relations for Crown Castle International Corp (NYSE:CCI), having joined the company prior to its IPO. Prior to CCI, she was Director of Financial Analysis for Torch Energy Advisors, one of the first fund managers offering directly‐held oil and gas investments to institutional investors. She began her career at Ibbotson Associates, where she was a consultant to institutional investors, publishing research on topics such as strategic asset allocation for endowments and foundations; fixed income investing for pension plans; and the value of holding producing oil and gas properties in an institutional portfolio. She is a frequent speaker at industry events and a periodic author on industry topics. Her most recent publication is Forget Alpha. Why Opportunity Cost is a Better Measure of Hedge Fund Performance (NMS Exchange). Ms. Thompson holds undergraduate degrees in finance and accounting from Texas A&M University and an M.B.A. from Rice University.