Robert J. Gillam (October 31, 1935 – July 30, 2018) was an American hedge‑fund manager, investor, and philanthropist. He founded McKinley Capital Management, a Chicago‑based investment firm, and was noted for his contributions to political, educational, and charitable causes, particularly in Alaska.
Early life and education
Robert James Gillam was born on October 31, 1935, in Reno, Nevada. He grew up in Alaska after his family relocated there during his childhood. Gillam earned a bachelor's degree in economics from the University of Washington and later obtained a Master of Business Administration from the University of Chicago Booth School of Business.
Career
After completing his education, Gillam began his professional career at Merrill Lynch, where he worked in various investment‑banking and brokerage roles. In 1994, he founded McKinley Capital Management, a hedge fund that employed a long/short equity strategy focused primarily on large‑cap U.S. stocks. Under Gillam’s leadership, the firm grew to manage several hundred million dollars in assets and earned a reputation for strong risk management and consistent performance.
Gillam also served on the boards of several companies and organizations, including Frederick & Nelson and the Alaska Library Association. His business activities extended into real estate development, notably through ownership stakes in Alaska‑based property ventures.
Philanthropy and political involvement
A prominent donor to Republican political campaigns, Gillam contributed to various candidates and committees at the federal and state levels. He was also a major benefactor of educational institutions. Notably, he donated $5 million to the University of Alaska Anchorage for the construction of a new classroom building, later named the Gillam Center for Education.
Gillam’s charitable activities included contributions to health‑care facilities, cultural organizations, and youth programs in Alaska. He served on the board of trustees for the Anchorage Museum and supported the Alaska Children’s Hospital.
Personal life
Robert Gillam was married to Lynn Gillam, and the couple had three children. The family maintained residences in Chicago, Illinois, and Anchorage, Alaska. Gillam was known for his interest in outdoor pursuits, particularly fishing and hunting, and he frequently participated in community events in Alaska.
Death
Gillam died on July 30, 2018, at the age of 82, after a brief illness. His death was reported by major news outlets, and he was remembered for his entrepreneurial success and philanthropic contributions.
Legacy
Gillam’s founding of McKinley Capital Management left a lasting impact on the hedge‑fund industry, especially among firms that emphasize disciplined risk control. His philanthropic gifts continue to support educational and cultural institutions in Alaska, and his name remains associated with several facilities and programs that benefit the local community.