MutualFundWire.com: A $579B-AUM Firm Gains a COO

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Thursday, December 12, 2019

A $579B-AUM Firm Gains a COO

An asset manager with $579 billion in AUM recently gained a chief operating officer. The new hire is an alumna of BlackRock and the NYSE.

Lisa Dallmer
Dimensional Fund Advisors LP
Chief Operating Officer

Earlier this week, Gerard O'Reilly and Dave Butler, co-CEOs of Dimensional Fund Advisors (DFA [profile]), confirmed that Lisa Dallmer has joined the Austin-based mutual fund firm's executive committee as COO. Most recently, Dallmer served briefly as SVP of business operations at Delphix, which helps companies clone their databases, and she advised fintech companies. Before that, she served as COO of global technology and operations at BlackRock.

Dallmer's move to DFA comes after prior COO Sam Gilliland left last year and took over a software company.

O'Reilly describes Dallmer as "a key new leader" for the DFA team. Butler lauds the new hire for "her deep operations experience."

"I have long admired Dimensional for its intellectual rigor, commitment to clients, and focus on innovation," Dallmer states. "I look forward to working with leaders across the firm to improve operational standards, drive efficiencies, and enhance business capabilities for our clients."

Dallmer, an alumna of the University of Chicago's Booth School of Business (which is named for DFA executive chairman David Booth) and of Miami University, joined BlackRock back in 2004. Prior to that, she worked at the NYSE and Archipelago (which NYSE acquired).

38-year-old Dimensional had more than 1,400 employees across 13 offices and $579 billion in AUM, as of September 30, 2019.

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