Stephen McLennan leads the newly-created Total Fund Management department, which integrates Ontario Teachers’ portfolio construction approach with our treasury and funding capabilities. He was previously responsible for managing Ontario Teachers’ allocation to Natural Resources, including direct private assets such as timberland, oil and gas and mining and agriculture.

Stephen joined Ontario Teachers’ in 2003 and has since held positions of increasing responsibility in both capital markets and private asset related groups. Before joining Ontario Teachers’, Stephen spent over three years with Merrill Lynch’s investment banking team in Calgary and prior to that, two years with the Canadian operations of Archer Daniels Midland.

Stephen holds a Master of Mathematical Finance from the University of Toronto, an MBA from the University of British Columbia and a Bachelor of Commerce from McGill University. He is also a CFA charterholder and has ICD.D certification from the Institute of Corporate Directors.