4 named to foundation

our University alumni, including three from the Amherst campus, have joined the 33-member board of the directors of the UMass Foundation, the system-wide fund-raising and endowment management corporation.

     The newest members, who were ratified Dec. 13 at the foundation's annual meeting, are Douglas Cliggott, Edward H. D'Alelio, Stephen R. Dunne and Stephen A. Collins.

     Cliggott, a 1978 Amherst campus graduate, leads B&P Research Office in New York, a subsidiary of Brummer & Partners, a Stockholm-based asset management group. An expert in market and sector analysis, Cliggott has been cited by Barron's, the Wall Street Journal, New York Times and The Economist.

     D'Alelio recently retired from Putnam Investments in Boston, where he served as co-manager of a high-yield corporate bond fund and chief investment officer of the Core Fixed Income Group. He graduated with a degree in Economics from UMass Boston in 1974.

     Dunne is vice president of the private client group of Donald-son, Lufkin and Jenrette Securities Corp. He received his degree in Mechanical Engineering here in 1989.

     An independent consultant who analyzes start-up companies and their investments for venture capitalists, Collins is a 1981 College of Engineering graduate.

     Cliggott and D'Alelio have been named to the foundation's Investment Committee, which oversees the management of the University's $150 million endowment. Collins and Dunne are serving on the Audit Committee.