Newsmakers
Georgetown University Taps Lehigh Endowment for New CIO
Kristin Agatone will become the investment chief of the $3.7 billion endowment, effective September 15, succeeding Michael Barry.
Managing Director Chris Gill will step in for Barry on an interim basis.
Backed by members of both parties, the measure aims to allow greater range of investments in defined contribution plans.
The Jesuit school said it will get rid of energy stocks over 10 years.