John Hopkins University appointed Jason T. Perlioni as vice president, investments, and chief investment officer. Upon joining the university July 1, he will be responsible for investing and managing more than $6 billion in endowments and other assets for the university and the Johns Hopkins Hospital.
“Jason’s absolute and relative investment track record is very impressive,” said Daniel G. Ennis, senior vice president for finance and administration at Johns Hopkins. “His success in building a strong team, developing a rigorous investment process and generating new investment ideas and approaches will benefit the Johns Hopkins community today and for generations to come.”
Perlioni and his staff will be responsible for selecting, managing and evaluating outside advisors that invest the endowment of both the university and hospital, as well as the university’s support staff pension plan, retiree health benefit trust, and operating cash, according to a press release.
As CIO of Pritzker Group Asset Management for the past 10 years, Perlioni oversaw the development of the Pritzker’s investment management function and had full responsibility for its global investment portfolios, including allocations to external investment managers across asset classes.
“I am thrilled and honored to take on this important role for such a great institution and look forward to channeling my energy, creativity and passion for investing into furthering the important missions of the Johns Hopkins University and Hospital,” Perlioni said.
Valued at nearly $3.4 billion at the end of the 2016 fiscal year, the endowment is a jointly invested pool of hundreds of smaller funds, most of which support donor-designated programs. It generates more than $150 million a year to support the university’s teaching, research, patient care and service missions, according to a press release.
Perlioni will be Johns Hopkins’ second CIO, succeeding Kathryn Crecelius, who established the university’s investment office in 2005 and retired last year. Andrew Conner, the university’s deputy chief investment officer, has served as interim vice president.
Before Pritzker, Perlioni worked in investment roles at UBS Global Asset Management and at Northwestern University. He earned an MBA at the University of Chicago in 2001.