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Michelle Durgy

Michelle Durgy

Partner at KCM Investment Advisors LLC

Kentfield, CA , United States

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

OrganizationRoleDate RangeDetails
KCM Investment AdvisorsPartnerFeb 2020 to Present
KCM Investment AdvisorsSenior Portfolio ManagerMar 2017 to Present
City and County of San FranciscoChief Investment OfficerSep 2010 to Mar 2017
County of San DiegoInvestment OfficerJul 2007 to Sep 2010
The PFM GroupInvestment AdvisorJun 2006 to Jun 2007
Fieldman Rolapp & AssociatesSenior AssociateDec 2003 to May 2006
Morgan StanleyRegional Financial Planning SpecialistJul 1999 to Nov 2001
Leonard, Street and DeinardSecurities Pricing Case AssistantJan 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

Investments
Economics
Series 7
Municipalities
Fixed Income
Bonds
Financial Modeling
Financial Analysis
Capital Markets
Securities
Bloomberg
Portfolio Management
Investment Banking
Strategic Financial Planning
Credit Analysis
Risk Management
Asset Managment
Credit
Managerial Finance
Investment Advisory
Asset Management
Public Finance
Asset Allocation
Investment Management
Due Diligence
Series 63
Funding
Finance
Valuation
Project Finance
Emerging Markets
Trading
Financial Services
Mutual Funds
Bloomberg Terminal
Corporate Finance
Alternative Investments
Structured Finance
Financial Markets
Hedge Funds
Mergers & Acquisitions
Investment Strategies
Strategic Financial...
Mergers and Acquisitions

Others at KCM Investment Advisors LLC (3)

NameRoleLocation
G
Guy Benstead
Senior Portfolio ManagerSan Francisco, CA , United States
Joe Balmain
Joe Balmain
AssociateSan Rafael, CA , United States
Joseph Balmain
Joseph Balmain
AssociateCA , United States

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