By Muskan Arora
The $13bn Johns
Hopkins University has scooped Mike Barry, former CIO at Georgetown University
as its vice president of investments and CIO.
Meanwhile,
Georgetown has appointed Chris Gill, its managing director as interim CIO as
they work towards launching a search.
Gill has
been with the endowment since 2014, and joined as the director of public
markets before being promoted to managing director in 2021.
Barry was
at Georgetown since 2011 and will be the successor of Jason Perlioni at the
University, who stepped down in June 2024.
During
Barry’s time at Georgetown, he was responsible for managing the endowment’s
portfolio and during his tenure the portfolio grew from $1bn to $3.7bn.
“Mike and his team have significantly outperformed their
policy benchmark during this time, while doing so in a way that managed risk
prudently for the endowment,” as per an announcement by Georgetown.
Further, Barry was also responsible for voluntarily disclosing
the diversity statistics of its external fund managers.
Before
joining Georgetown, Barry worked at the University System of Maryland
Foundation’s investment office.
This isn’t the only endowment with a change in its leadership, multiple plans including Princeton, Rice and MacArthur Foundation have undergone CIO turnover over the past few months.
