Butch Cliff

Mr. Ivan S.
Cliff is an Executive Vice President & Director of Research at Callan LLC.
He is responsible for the Global Manager Research and Capital Markets Research groups.
He is the chair of Callan’s Alternatives Review Committee, and a member of the Management, Client Policy Review, and Institute Advisory committees.
Mr. Cliff is also a portfolio manager and member of the investment committee that oversees all of Callan’s discretionary multi-manager solutions.
He is a shareholder of the firm.
Mr. Cliff joined the programming group of Callan in 1989 and was instrumental in developing sophisticated performance analytics, as well as solutions to data processing and management problems.
In 1993, he became the manager of the database group, coordinating the design and implementation of performance measurement operations and overseeing the development and maintenance of Callan’s databases.
Mr. Cliff was made Director of Operations in 2000 to manage and develop all Callan’s performance monitoring systems and personnel.
In 2007, he became the Director of Investment Research and Operations with responsibilities expanded to include oversight of Callan’s global manager research activities.
Prior to joining Callan, Mr. Cliff worked for two years at Gifford Fong Associates developing analytical software for fixed income money managers.
He earned a BA in economics from the University of California, Berkeley, and is a holder of the right to use the Chartered Financial Analyst designation.