Caltech Elects Two New Members to Board of Trustees

PASADENA, Calif.—Two business leaders, Joshua S. Friedman and Richmond A. Wolf, have been elected to the Board of Trustees of the California Institute of Technology (Caltech). Friedman will serve on the board as a trustee and Wolf (MS '94, PhD '97) as a young alumni trustee.

Friedman is the cofounder, cochairman, and cochief executive officer of Canyon Partners, LLC. He graduated from Harvard College with a bachelor's degree in physics. A Marshall Scholar, he earned an MA in politics and economics from Oxford University. He received a JD from Harvard Law School and an MBA from Harvard Business School. In 1990, Friedman cofounded Canyon Partners, a global alternative asset management firm headquartered in Los Angeles. Previously, he had been director of capital markets for high-yield and private placements at Drexel Burnham Lambert. He also worked in the mergers and acquisition department of Goldman Sachs in New York.

Friedman serves on the boards of many organizations, including the Los Angeles County Museum of Art, the California Science Center Foundation, the Washington Institute for Near East Policy, and the UCLA Department of Neurosurgery. The department honored Friedman and his wife, Beth, with the 2010 Visionary Award. They have also been honored by the Independent School Alliance for Minority Affairs and the Cedars-Sinai Medical Genetics Institute.

Wolf is a Vice President of Capital World Investors, a division of Capital Research and Management Company. He graduated from Princeton University and completed his PhD in geology and geochemistry at Caltech. Wolf is a former member of the Alumni Association Board of Directors and became Caltech's assistant vice president for technology transfer in 2005. In 2006, he joined Capital as an investment analyst in medical technology and as a generalist in small- and mid-cap technology companies. He now also invests in real estate investment trusts.

Wolf has cofounded two companies-WebEventBroadcasting and Xen Golf-and was formerly a member of the board of directors of Alexandria Real Estate Equities (NYSE:ARE) and Arxceo.

The Board of Trustees is the governing body of Caltech. The board is led by Kent Kresa, chair, and vice chairs David L. Lee and Ronald K. Linde, and is currently composed of 40 trustees, 11 senior trustees, 24 life members, and one honorary life member.