Scripps Research Logo

News Release

Horacio Valeiras and Bernard Saint-Donat Elected to Scripps Research Institute Board of Trustees

LA JOLLA, CA –  October 10, 2013 –The Scripps Research Institute (TSRI) Board of Trustees has elected two new members: Horacio Valeiras of La Jolla, CA, who is managing partner of investment firm HAV Capital, and Bernard Saint-Donat of New York, who is president of financial consulting firm Saint-Donat & Co.

“We would like to offer Horacio and Bernard a warm welcome,” said Dick Gephardt, President/CEO of Gephardt Government Affairs and chairman of the Scripps Research Board of Trustees. "We are confident their contributions to the board will help foster the Institute's continued preeminence in biomedical research and graduate education."

“We are honored to have Horacio and Bernard join our board,” said Scripps Research President and CEO Michael A. Marletta. “Their deep financial and business experience will be invaluable to Scripps as we chart our future course. All of us enthusiastically look forward to working with them.”

Horacio Valeiras

At the La Jolla, California-based HAV Capital, Valeiras manages the start-up investment firm’s asset allocation, alternative investment and real estate services.

Previous positions include chief investment officer and managing director at Allianz Global Investors Capital and president of Nicholas Applegate Institutional Funds, both in the San Diego region, as well as senior positions with Morgan Stanley Investment Management, Miller, Anderson & Sherrerd and Credit Suisse First Boston. At the beginning of his career, Valeiras was also an instructor at the Massachusetts Institute of Technology and a research engineer for Chevron Research Company.

Valeiras holds two degrees in chemical engineering—a BS from Virginia Polytechnic Institute and State University and a master’s from the Massachusetts Institute of Technology—as well as an MBA in finance from the University of California, Berkeley. He is also a Chartered Financial Analyst (CFA).

A resident of La Jolla, Valeiras serves on the San Diego Foundation’s Board of Governors and on the boards of The Bishop’s School in La Jolla and InHand Electronics in Rockville, Maryland. He has also chaired the Virginia Tech Foundation board and is a past board member of the San Diego Rowing Club.

Bernard Saint-Donat

At his New York-based firm, Saint-Donat offers independent advice to families in areas including asset allocation, manager selection, estate planning, charitable giving and corporate advisory.

Previously, he held senior positions at Lehman Brothers, Lazard Frères & Company, Crédit Commercial de France (now part of HSBC) and La Compagnie Financière Edmond de Rothschild.

Saint-Donat, who holds a doctorate in mathematics from Harvard University and the University of Paris, has been a faculty member at Columbia and Yale Universities, a member of Harvard University’s Overseer’s Committee for Mathematics and founder and president of the Friends of the Institut des Hautes Études Scientifiques. He is currently chairman of the Friends of the Mathematics Department at Harvard.

About The Scripps Research Institute

The Scripps Research Institute (TSRI) is one of the world's largest independent, not-for-profit organizations focusing on research in the biomedical sciences. TSRI is internationally recognized for its contributions to science and health, including its role in laying the foundation for new treatments for cancer, rheumatoid arthritis, hemophilia, and other diseases. An institution that evolved from the Scripps Metabolic Clinic founded by philanthropist Ellen Browning Scripps in 1924, the institute now employs about 2,700 people on its campuses in La Jolla, CA, and Jupiter, FL, where its renowned scientists—including two Nobel laureates—work toward their next discoveries. The institute's graduate program, which awards PhD degrees in biology and chemistry, ranks among the top ten of its kind in the nation. For more information, see

# # #

For information:
Office of Communications
Tel: 858-784-2666
Fax: 858-784-8136