Pennapa is an executive director in the Portfolio Solutions Group at MSIM, based in New York. Within the Quantitative Research team, she focuses on asset allocation, portfolio construction and after-tax optimization. In addition, she performs deep analyses on client portfolios. Prior to joining the firm in 2010, Pennapa was a hedge fund research analyst at Lipper, a Thomson Reuters company, responsible for fund selection and rating as well as publishing comprehensive hedge fund research reports. Previously, she was at ING Fund of Hedge Funds where she served as a quantitative analyst. Before that, she was a business consultant with IBM, serving clients within the financial sectors. Pennapa received her B.S. in Statistics, summa cum laude and class valedictorian, from Chulalongkorn University. She also received an M.S. in Financial Mathematics from the University of Chicago. She holds the Chartered Alternative Investment Analyst (CAIA) designation.