Harvard Management Company’s (HMC) Jameela Pedicini is leaving the $37.6 billion endowment to join Perella Weinberg Partners’ outsourced-CIO (OCIO) business, named Agility.
Pedicini started at HMC in 2013 as its first vice president for sustainable investing, and she worked closely with the endowment CEO, according to Harvard.
Pedicini is the latest leader to leave HMC. Harvard announced in September that Alvaro Aguirre-Simunovic was stepping down as head of natural resources investments. Alternative investments head Andrew Wiltshire also said he would retire this year.
At Agility, Pedicini will serve as director of sustainable investment strategies.
“I am excited to join a team of this caliber,” Pedicini said. “I look forward to working with my colleagues to strengthen our environmental, social, and governance (ESG) investment practices and help our firm lead the industry in this effort.”
Chris Bittman, CIO of Agility, said he was “thrilled” to have Pedicini join his team.
“Integrating ESG practices throughout a firm’s investment strategies is becoming standard practice,” Bittman said. “Best-in-class firms must have high-quality leadership and resources to meet clients’ evolving ESG requirements.”
Prior to joining HMC, Pedicini worked as an investment officer at the California Public Employees’ Retirement System, where she led the development and implementation of ESG initiatives. She has also served as a manager at the United Nations Principles for Responsible Investment.