By Muskan Arora
The $2bn Alfred P. Sloan Foundation promoted Will Maslovsky
to the role of CIO from the position of the managing director of investments.
With his appointment being effective September 18, he will
be responsible for designing and implementing the foundation’s investment
strategy.
Maslovsky succeeds Elizabeth Hewitt, who had been the CIO of
the foundation since 2015.
Hewitt has moved on to be the CIO of Miras Investments, a
Dubai-based investment manager.
Maslovsky joined the foundation in 2016. In his most recent
role as managing director of investments, he was responsible for asset allocation, strategy, portfolio construction
and risk management of the fund.
“For the past eight years, Will has been a major partner in
developing the strategies that underly the Foundation’s investment portfolio
and in working with dozens of fund managers to implement those strategies,”
said Adam F. Falk, the Sloan Foundation’s president, in a statement.
Prior to joining the foundation, Maslovsky served as a
partner in Morris Associates LLC.
Before that, he has also served as a portfolio manager at
Lion Cao Asset Management.
The foundation allocates 78.92% of its portfolio
to alternative investments and 13.89% to mutual funds and exchange-traded
funds. 3.59% is allocated to equities and 0.27% to cash.
