Key Takeaways
- • Wesleyan University has promoted Deputy CIO Jonathan Farrar to Chief Investment Officer, a university spokesperson confirmed, with Farrar assuming the role on July 1.
- • Outgoing CIO Anne Martin, who has served since 2010 and is an investment protégée of the late Yale CIO David Swensen, retires June 30.
- • The transition covers Wesleyan's $1.7 billion investment office, which began preparing three years ago when Farrar was appointed deputy, according to the Wesleyan Argus.
- • Farrar has been with the Wesleyan investment office since 2014 and previously worked at multi-family office Highmount Capital and Veritable L.P.
- • Martin and Farrar will overlap for a two-month transition period.
Summary
Wesleyan University has promoted Deputy CIO Jonathan Farrar to Chief Investment Officer, a university spokesperson confirmed. Farrar will officially assume the role on July 1, 2026, succeeding Anne Martin, who retires on June 30 after serving since 2010. Farrar and Martin will work together during a two-month transition period.
The university's $1.7 billion investment office began preparing for the leadership change three years ago, when Farrar was appointed deputy, according to the Wesleyan Argus, the school's student newspaper. Martin, an investment protégée of the late Yale University CIO David Swensen, joined Wesleyan as CIO after six years as director of investments at Yale. She succeeded Thomas Kannam, who was removed from the role following allegations that he used endowment assets for personal trips and other expenses. Martin described the post to The Argus as the high point of a career that included consulting, investment banking, and private equity investing.
Farrar joined the Middletown, Connecticut-based investment office in October 2014. Before Wesleyan, he was a director at multi-family office Highmount Capital, where he managed external manager selection and public markets due diligence, and he conducted manager due diligence as a research analyst at Veritable L.P. He holds a bachelor of arts in mathematics and a bachelor of science in physics from Lafayette College. Farrar is a CFA charterholder according to his professional profile.
The university's $1.7 billion investment office began preparing for the leadership change three years ago, when Farrar was appointed deputy, according to the Wesleyan Argus, the school's student newspaper. Martin, an investment protégée of the late Yale University CIO David Swensen, joined Wesleyan as CIO after six years as director of investments at Yale. She succeeded Thomas Kannam, who was removed from the role following allegations that he used endowment assets for personal trips and other expenses. Martin described the post to The Argus as the high point of a career that included consulting, investment banking, and private equity investing.
Farrar joined the Middletown, Connecticut-based investment office in October 2014. Before Wesleyan, he was a director at multi-family office Highmount Capital, where he managed external manager selection and public markets due diligence, and he conducted manager due diligence as a research analyst at Veritable L.P. He holds a bachelor of arts in mathematics and a bachelor of science in physics from Lafayette College. Farrar is a CFA charterholder according to his professional profile.
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