# \[REPLAY\] Ana Marshall – Preparing for the New Environment at Hewlett (Capital Allocators, EP. 288)

An episode of [Capital Allocators – Inside the Institutional Investment Industry](https://invisiblenetwork.ai/podcast/1223764016), 8 Jan 2024, 47 min.

Audio: https://traffic.libsyn.com/secure/tedseides/EP.288_-_Ana_Marshall_REPLAY_2024.mp3?dest-id=482814

Ana Marshall is the CIO for The William and Flora Hewlett Foundation, where she oversees a $13 billion pool of capital. Ana joined Hewlett eighteen years ago after spending the same amount of time as a direct investor. She was a past guest in 2019 describing her approach, and that conversation is replayed in the feed. We caught up to discuss what is on Ana's mind going into the new year. We cover inflation, private equity secondaries, liquidity management, China, emerging markets, and ESG. We close discussing where Ana is looking around corners, what's filling her basket of worries, and her plan for the next five years. Access Stream by AlphaSense Free Trial For full show notes, visit the episode webpage here. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

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