Key Takeaways
- • Georgetown University has appointed Kristin Agatone as its new chief investment officer, succeeding Mike Barry, who held the role for over a decade.
- • Agatone joins from Lehigh University, where she served as CIO for nine years and nearly doubled the endowment, which performed in the top quartile of its peer group.
- • Agatone will oversee Georgetown's Investment Office and endowment, including investment policy, asset allocation, board communications and investment reporting, starting Sept. 15.
- • Georgetown COO David Green said Agatone's experience in higher education and private-sector finance will be "invaluable" as the university grows.
Summary
Georgetown University has named Kristin Agatone as its chief investment officer, according to the university's announcement. Agatone joins from Lehigh University, where she held the CIO role for nine years. She will succeed Mike Barry, who led Georgetown's investment function for more than a decade. Agatone will start on Sept. 15 and will be responsible for the Investment Office and the university endowment, including investment policy, asset allocation, board communications and investment reporting.
During her tenure at Lehigh, which began in 2016, the university's endowment nearly doubled and performed in the top quartile of its peer group, the article notes. Georgetown Chief Operating Officer David Green said Agatone's years of experience in higher education finance and the private sector would be "invaluable" as Georgetown grows and advances its mission.
Agatone's career includes an investment banking analyst program at Goldman Sachs and an associate role at private equity firm TPG. She also interned with Harvard Management Company while pursuing her MBA at Harvard Business School. Agatone, a first-generation college graduate who relied on financial aid, described higher education investing as the intersection of her career and purpose. She said she plans to build on the work of the current team, including the Investment Office's internship program, and to support the endowment's role in funding financial aid, faculty recruitment and the university's expansion into new programs at its Capitol Campus and abroad.
During her tenure at Lehigh, which began in 2016, the university's endowment nearly doubled and performed in the top quartile of its peer group, the article notes. Georgetown Chief Operating Officer David Green said Agatone's years of experience in higher education finance and the private sector would be "invaluable" as Georgetown grows and advances its mission.
Agatone's career includes an investment banking analyst program at Goldman Sachs and an associate role at private equity firm TPG. She also interned with Harvard Management Company while pursuing her MBA at Harvard Business School. Agatone, a first-generation college graduate who relied on financial aid, described higher education investing as the intersection of her career and purpose. She said she plans to build on the work of the current team, including the Investment Office's internship program, and to support the endowment's role in funding financial aid, faculty recruitment and the university's expansion into new programs at its Capitol Campus and abroad.
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