The Board of Directors of The University of North Carolina at Chapel Hill Foundation Investment Fund, Inc. is responsible for the oversight and governance of the UNC Investment Fund, LLC (the “Fund”). The Board, focused on the long-term strategy of the Fund, convenes to discuss and debate asset allocation, investment policy, and to monitor the Fund’s performance. The Board’s Executive Committee meets more frequently to review investment recommendations made by the UNC Management Company. With its collective financial market expertise and extensive experience, the Board serves as an invaluable resource to the UNC Management Company in its mission to deliver exceptional risk-adjusted returns.

John Townsend

John Townsend III*

Chairman

David Boliek Jr.

David Boliek Jr.

Attorney & Partner, Williford, Crenshaw, Boliek and Frangakis, LLP

Anne Brennan

Anne Brennan*

Chief Risk Officer, Neuberger Berman

James Keith Brown

Senior Managing Director-Partner, Coatue Management, LLC

David Carroll

David Carroll

Managing Member, Carroll Family Holdings, LLC

Monroe Cobey

Munroe Cobey

Retired Partner, Tudor Investment Corporation

David Craver

David Craver*

Managing Director, Lone Pine Capital LLC

John Ellison

John Ellison Jr.*

President & Chief Executive Officer, The Ellison Company, Inc.

Kevin Guskiewicz

Chancellor, The University of North Carolina at Chapel Hill

Michael Kennedy

Michael Kennedy

Senior Client Partner, Korn Ferry

Nate Knuffman*

Vice Chancellor for Finance & Operations, The University of North Carolina at Chapel Hill

John Preyer

Co-Founder & President, Restoration Systems, LLC

David Routh

David Routh

Secretary

Vice Chancellor for University Development, The University of North Carolina at Chapel Hill

*Executive Committee member