Alfred J. Shuman was born in New Hampshire and was raised in Massachusetts. He graduated from Phillips Academy in Andover, Massachusetts, earned his BA at Harvard College in 1961, and his MBA at Harvard Business School in 1963. He has been employed in the investment industry for 44 years. In 1990, Mr. Shuman founded The Archstone Partnerships of which he is the Managing Member. Prior to Archstone, Mr. Shuman was a Managing Director of Bear Stearns and managed three event-driven hedge funds.
Mr. Shuman served as a member of the Executive Committee of the Andover Alumni Association and led his 50th reunion gifts campaign. He serves as consultant to the Andover Endowment Fund in the area of alternative investments. He has been a Trustee of the Valley View School for Boys in North Brookfield, Massachusetts for seventeen years. He is a National Director Emeritus of Outward Bound U.S.A. and has been a Trustee for fifteen years and has served as Chairman of its investment committee. Mr. Shuman is also a member of the Brookings Institution Council. He is an avid photography collector and is a member of the Acquisitions Committee of the International Center of Photography in New York City and the Santa Barbara Art Museum. He is President of the Windmill Lane Foundation and he and his wife manage the Shuman Fund for GIST Research at Memorial Sloan Kettering. He resides with his family in New York City, East Hampton, and Santa Barbara, California.