About
Michelle Durgy is a Partner and Senior Portfolio Manager at KCM Investment Advisors, based in Kentfield, California. In this capacity, she oversees portfolio construction, investment policy, and risk management for institutional and high-net-worth clients, leveraging her extensive background in public and private investment management. Her expertise includes strategic asset allocation, fixed income, and multi-asset portfolio management, with a particular focus on public sector pension plans and debt issuance strategies.
Prior to joining KCM Investment Advisors, Michelle served as Chief Investment Officer for the City and County of San Francisco, where she played a critical role in managing diverse portfolios and implementing investment strategies for large-scale municipal funds. She has over 25 years of experience in investment management and is an Advisory Board Member of the United Nations Global Sustainability Index, reflecting her commitment to sustainable investing.
Michelle holds a master's degree in Public Policy from the University of Southern California and a bachelor's degree from UC Irvine. She is recognized for her contributions to responsible investment, with additional training in law and finance, and frequently engages in community leadership roles within the industry and nonprofit sectors.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| KCM Investment Advisors | Partner | Feb 2020 to Present | — |
| KCM Investment Advisors | Senior Portfolio Manager | Mar 2017 to Present | — |
| City and County of San Francisco | Chief Investment Officer | Sep 2010 to Mar 2017 | — |
| County of San Diego | Investment Officer | Jul 2007 to Sep 2010 | — |
| The PFM Group | Investment Advisor | Jun 2006 to Jun 2007 | — |
| Fieldman Rolapp & Associates | Senior Associate | Dec 2003 to May 2006 | — |
| Morgan Stanley | Regional Financial Planning Specialist | Jul 1999 to Nov 2001 | — |
| Leonard, Street and Deinard | Securities Pricing Case Assistant | Jan 1997 to Jan 1998 | — |
Education
University of Southern California
Public Policy, Finance
2002 — 2004
Santa Clara University School of Law
Law
1998 — 1999
UC Irvine
Bachelor of Arts, Classics, Comparative Literature, Latin
1994 — 1996
UC Santa Barbara
Psychology
1992 — 1994
Skills & Expertise
Others at KCM Investment Advisors LLC (3)
| Name | Role | Location |
|---|---|---|
G Guy Benstead | Senior Portfolio Manager | San Francisco, CA , United States |
| Associate | San Rafael, CA , United States | |
| Associate | CA , United States |
Similar Fund Managers
| Name | Role | Fund | Location |
|---|---|---|---|
| Senior Research Analyst | Fairview Capital Investment Management, LLC | United States | |
G Gian-Antonio Perani | Senior Research Analyst | Fairview Capital Investment Management, LLC | San Rafael, CA , United States |
| Principal | Osborne Partners Capital Management, LLC | San Francisco, CA , United States | |
| Investment Analyst | Osborne Partners Capital Management, LLC | San Francisco, CA , United States |