By Muskan Arora
The $9bn Johns Hopkins University is seeking a new
vice president and CIO, as per a recent job listing.
Baltimore-based university has collaborated with
executive search firm Braddock Matthews Barrett to assist with the search.
The candidate will succeed Jason T. Perlin, who was
appointed as the vice president of investments and CIO at the university in
2017. Perlin succeeded Kathryn Crecelius who served from 2005 to 2017 before
retiring.
“The CIO will provide leadership, management, and investment
expertise to the University’s investment activities,” the job posting stated.
“The primary objective of the position is to optimize the
performance of the University’s investment portfolios,” the posting added.
Qualifications for the role include a proven record of
investment leadership experience, a history of outperforming peers and
benchmarks.
Further, experience in sourcing and allocating to external managers
across multiple asset classes and implementing asset allocation study,
portfolio construction and risk management strategies is also essential.
The investment office of the university oversees $8bn in
assets, as well as additional $1bn in pension assets.
The endowment was ranked 16th in the US as per
2023 NACUBO-Commonfund Study of Endowments as in fiscal 2023, the endowment
returned 27.8% which was among the year’s highest endowment performance.
