Timothy A. Reese, Chief Executive Officer
Timothy A. Reese is a successful senior executive and former Pennsylvania State Treasurer, with 30 years of senior management, operations, and institutional finance experience within the public treasury, pension administration, and investments sectors.
Since November 2020, Mr. Reese has served as the chief executive officer of the Pennsylvania Municipal Retirement System (PMRS), which operates more than 1,060 pension plans worth over $3 billion for 18,000 of the state’s current and retired municipal employees.
Prior to leading PMRS, Mr. Reese was the founder and chief executive officer of Forge Intellectual Capital, a firm that provides strategy and advice to managers, asset gatherers, and chief financial officers in the private and public finance industry.
From 2015 to 2017, Mr. Reese served as the Treasurer of the Commonwealth of Pennsylvania and was the investment chair with direct responsibility for a $20 billion investment portfolio. During his tenure, assets under management increased by more than $2 billion and he created both an emerging manager and impact investment program with a total committed capital of $700 million. Additionally, he demonstrated exceptional leadership and the ability to build consensus by successfully guiding a $90 billion annual operation within a fractured political environment.
Prior to leading the Treasury, Mr. Reese spent 21 years as a principal investor and operator for venture and private equity companies. As a CXO, he built the sales and operations of three North America-based companies in the lower and middle markets, which were later acquired or rolled up by CDW, Red Hat and AEP Networks.
Mr. Reese has also focused on causes that broaden financial opportunities including creating the Minority Angel Investors Network (MAIN) which provided early stage capital to minority-, women-, and veteran-owned startups.
Mr. Reese earned a B.S. in Electrical and Electronics Engineering from Temple University and was a Fellow at the Temple University Fox School of Business. He holds FINRA licenses Series 7, 79, 52, and 63.