RoAnn Costin, MBA '81
Founder and President
Wilderness Point Investments
RoAnn Costin is the founder and president of Wilderness Point Investments. Founded in 2005, Wilderness Point Investments is a private-equity company that focuses on investing in early- and expansion-stage consumer nondurable product and retailing companies. Ventures in which Ms. Costin has invested and sits on the boards of directors include Lululemon Athletica, City Sports, Olly Shoes, and Alvin Valley.
Ms. Costin began her business career in 1981 working for State Street Research and Management Co., then one of the nation’s largest and oldest investment management companies. She was the first woman investment analyst, portfolio manager, and partner at the firm. In 1989, Ms. Costin joined the Putnam Companies, where she was a member of the Quality Growth group with joint account responsibility for equity portfolios of assets over $1.5 billion and where she co-managed the U.S. equity portion of the Putnam International Fund. In 1992, she founded and was president of Reservoir Capital Management, a firm specializing in quality growth equities investments.
Prior to her career in business, Ms. Costin worked in government at the federal level in the office of Congressman Michael J. Harrington and at the local level for the city of Boston. She also took part in the formative years of the Kennedy School of Government at Harvard University, working as the executive associate to the dean of the school, Graham T. Allison.
Ms. Costin received an MBA from the Stanford Graduate School of Business in 1981 and a BA in government, cum laude, from Harvard University in 1974. An All-American in swimming and crew, Ms. Costin was a member of the Harvard Board of Overseers’ Visiting Committee on Athletics, was elected a member of the Harvard Varsity Club Hall of Fame in 1995, and is a director of the USA Water Polo Board.
Involved in the community, Ms. Costin currently serves on the board of trustees of Stanford University, the Isabella Stewart Gardner Museum in Boston, the Perkins School for the Blind in Boston, and the Codman Academy, a charter school in Boston. She also served on the boards of Toys “R” Us from 1996 to 2005, the Paul Taylor Dance Company in New York from 2000 to 2008, and the Radcliffe Institute in Cambridge.
Ms. Costin resides with her husband, Jim Bailey, and their four sons in Cambridge, Massachusetts.