By Muskan Arora
The $3.7B Georgetown University has appointed Kristin Agatone as its chief investment officer, succeeding Michael Barry, effective September 15.
Barry departed the university in February to join the $13.2B Johns Hopkins University Endowment as CIO, with Chris Gill, Georgetown’s managing director, stepping in to serve in the role on an interim basis, noted a press release. Agatone will oversee the university’s investment office and endowment and will manage the investment policy, asset allocation, board communications, and investment reporting.
“Her years of experience in finance in both higher education and the private sector will be invaluable as Georgetown grows and pushes forward in its mission,” said David Green, Georgetown’s chief operating officer in the release.
Agatone will join Georgetown after serving as CIO of the $2.2B Lehigh University for nearly a decade. During her tenure, Lehigh’s assets under management nearly doubled. Prior to joining Lehigh University, she worked as a managing director at Summit Rock Advisors, an outsourced CIO provider. She has also held the role of vice president at the Harvard Management Co., which is an entity that manages the endowment of Harvard University for three years.
She started her career as an investment banker at Goldman Sachs and later worked at a private equity firm named TPG.
In a statement by Lehigh University, Agatone said Georgetown’s strong values and reputation drew her to the role. “It’s such a dynamic institution with a strong mission to holistically improve its students’ lives through education. That priority is immediately apparent across the entire campus.”
