PHILADELPHIA, May 13, 2014 (GLOBE NEWSWIRE) -- Hirtle Callaghan, pioneers of the Outsourced Chief Investment Officer (OCIO) model, has demonstrated its continued growth with the addition of Deputy Chief Operating Officer and Managing Director of Finance, Keri Lorenson. Lorenson joins the company's headquarters in Philadelphia and brings more than 25 years of experience in senior business management within professional services and real estate services industries.

A photo accompanying this release is available at

In her new position with Hirtle Callaghan, Lorenson will provide leadership and strategic vision for the firm's finance, information management, technology, and office administration business units.

"Lorenson is a strategic decision-maker and a resourceful leader with a proven track record," said Jonathan Hirtle, CEO and co-founder of Hirtle Callaghan. "Her extensive experience will greatly benefit the firm, and we are pleased to welcome her to the team."

Before joining Hirtle Callaghan, Lorenson served as the chief operating officer/shareholder at Smith Mack & Company where she served as a member of the company's Executive Committee and was a key participant in the development and execution of strategic growth initiatives.

Prior to that, Lorenson was director of client solutions at Leapsource, Inc., a finance and accounting outsourcing firm, where she managed business development efforts that targeted professional services firms with $300 million to $3 billion.

From 1987 to 2000, Lorenson held a variety of roles—controller, asset manager, and vice president of property management, accounting, and administration—with Thomas Properties Group, a national commercial real estate company. During her time with the company, Lorenson progressed from managing a Los Angeles-based accounting department for a $1 billion national, Class A+ commercial real estate portfolio, to eventually directing operations of an $80 million real estate company, including management of a $500 million Class A+ commercial office portfolio.

Lorenson holds a B.S. ('84) in Business Administration/Accounting from California Polytechnic State University.

About Hirtle Callaghan

Hirtle Callaghan ( pioneered open investment architecture and the professional outsourced CIO in 1988.

With $24 billion under direct supervision (discretion) and recognition as one of the world's Top 20 Wealth Managers, Hirtle Callaghan has become one of the investment industry's leading change-agents. Known as "Wall Street idealists" and "cutting-edge fiduciaries" for combining performance intensity with a genuine fiduciary ethos, Hirtle Callaghan represents serious investors by managing complete, globally diversified, valuation dominant, open-architecture investment programs emphasizing the significance of capital-allocation and risk management at every step of the process.

Jessica Emery
(610) 649-9292