Strein will succeed Jonathon King, who retired after 20 years, in heading the University of North Carolina Management Co.

There are only two weeks left to nominate someone for the Chief Investment Officer 2026 NextGen list. NextGen are rising asset allocator stars from public pensions, corporate pensions, endowments, foundations, sovereign wealth funds and any other categories of institutional asset owners.

If you know a person who possesses a virtuous mixture of financial knowledge, personal skills and forward thinking—someone who stands to someday become a CIO themselves—please nominate them today.

Margaret Ryan is succeeded by Sam Waldon, who has returned to the role of acting director.