Chief Investment Officer, Kingdon Foundation
Since early 2005, Rosemary has managed the investments of the Kingdon Foundation and charitable trusts for Mark Kingdon, founder and principal of Kingdon Capital Management LLC, a hedge fund established in 1983. She invests in hedge funds, PE funds, late stage VC funds, secondary funds, other non-traditional strategies, as well as private direct deals and co-investments. She sits on numerous LP Advisory Committees of PE structured funds and is a member of the NY Committee of Human Rights Watch.
As part of the family legacy established by her late father Dr. Vidya Sagar, Rosemary is a member of the Executive Committee of the IP law firm Remfry & Sagar (www.remfry.com) founded in 1827, leading in India and among the oldest worldwide. She is Chair of The Sagar School (www.thesagarschool.org), a co-educational boarding school in Rajasthan, with an extensive social outreach program educating village women in literacy and vocational skills.
Rosemary was Managing Director and Head of Global Investments at US Trust from 1996 to 2004, where she and her team managed $1.6bn in mutual funds, common trust funds, and separate accounts. She chaired the Global Investment Committee and was a member of the Excelsior Venture Partners III, LLC Investment Committee.
From 1990 to 1996, Rosemary was SVP, International Equities at GE Investments in Stamford, CT, and was responsible for managing $1.8bn for GE pension fund, NYCERS, NYC Teachers and NYC Police. She was also Chair of GE (UK) Common Investment Fund (GE’s largest pension fund outside of North America) and a board member of the GE Netherlands Pension Fund. Previously, Rosemary was Associate Director of European Research at Baring Securities, VP International Research at Drexel Burnham Lambert and the first international analyst hired at Morgan Stanley, reporting to Barton Biggs.
Rosemary was a Trustee and Co-Chair of the Investment Committee of Rumsey Hall School in Washington Depot, CT from 2015 to 2019. She was a member of the International Advisory Board of NYSE Euronext and its predecessor the Paris Bourse for 15 years from 1995 to 2010, and also served on the Advisory Boards of Comex and the Polish Private Equity Fund. She received her MBA from Columbia University, where she was a student of Jim Rogers in Securities Analysis. She obtained a BS from Boston University (summa cum laude, Beta Gamma Sigma) and a ‘degré superieur’, (mention “bien”) from the Sorbonne.