The Tertön Sogyal Foundation Board A board comprised of members of each Tertön Sogyal Foundation, as well as the Rigpa  Executive Board Chair and Finance Director, is responsible for the governance of the Endowment Fund.

Current board members

  • Fonds Terton Sogyal, France | Dominique Hilly
  • Terton Sogyal Stiftung, Germany | Heinz Siepmann
  • Terton Sogyal Trust, UK | Averil Schram and Fiona Feather
  • Terton Sogyal Foundation, USA | Pedro Beroy

The Investment Committee comprises representatives drawn from the Tertön Sogyal Foundations as well as investment experts. Current members are Pedro Beroy, Heinz Siepmann, Sebastien Feiss.

All members of the Investment Committee are contributing their time and expertise on a voluntary basis. Advisors to the Specialist Committee are also invited to contribute their expertise to the Investment Committee, in particular in relation to the Investment Policy and macroeconomic trends. Current advisors are Marianne Gizycki, macro-economist and financial institution specialist.

Members of the Tertön Sogyal Foundations Board

Pedro Beroy has been a Rigpa student for the last seventeen years. He is currently a partner of AP Structured Finance. Prior to his current role, Pedro spent sixteen years at Credit Suisse in the Investment Banking Division with diverse responsibilities in trading, structuring and sales. He was a Managing Director based in New York and a member of the Fixed Income Operating Committee. Pedro headed Credit Suisse's global fixed income activities in the Longevity Markets Group. Prior to that role, Pedro was responsible for the Latin America Structuring and Coverage Group. Pedro holds a Master in Business Administration from the Amos Tuck School at Dartmouth College and a degree in Civil Engineering from the Universidad Politecnica de Catalunya in Barcelona. He is the president of the Tertön Sogyal Foundation a member of the Rigpa International Investment Board and a member of the Rigpa Endowment Investment Committee.

Dominique Hilly has been a Rigpa student for 25 years. Graduating in Law at Paris Sorbonne in 1981, he then managed the back office for futures and options at a Paris broker belonging to the ABN AMRO Group. He has been working as a compliance officer, in charge of the ethical and financial transparency of the same company, from 1987 to 1994. In 1994, he became Lerab Ling’s financial and administrative director, responsible for legal and fiscal management. In addition, Dominique was appointed the financial director of Zam. He is currently responsible for the development of the Rigpa Legacy Programme in France. 

Heinz Siepmann. After two decades as a businessman who not only successfully ran his family business for sixteen years but also worked in a German bank and in an American wholesale company, Heinz is a Rigpa student since 2001. With his solid business and management background, Heinz’s first significant offering to the Rigpa Sangha was to become part of the team of students who established the Rigpa Centre in Berlin. He has since devoted a considerable amount of time to serving on three Rigpa boards in Germany: Rigpa Germany, the Berlin Rigpa Centre Trust and the Tertön Sogyal Foundation. Heinz also develops real estate projects and manages his investment portfolio.

Permanent Advisor

Sebastien Feiss worked in Société Générale, one of the biggest European banks, as a portfolio manager for private clients. He has been working on financial issues since 2001, first in the bank office of ABN-AMRO, then as the assistant fund manager with the same bank. He graduated from a Master in Business Intelligence in Paris and a European master of financial analysis. Sebastien is a Rigpa student since 2003.