Endowments

Emory University CIO to retire Aug. 1

Mary L. Cahill, vice president of investments and chief investment officer at Emory University, Atlanta, is retiring effective Aug. 1, a university spokeswoman said in an emailed statement.

Ms. Cahill has been CIO since 2001 and oversaw the creation of Emory Investment Management, the investment arm that manages the university's endowment, which had $6.5 billion in assets as of Aug. 31, 2016, the end of its most recent fiscal year. The spokeswoman did not provide details on Ms. Cahill's plans.

Christopher Augostini, the university's executive vice president of business and administration, will oversee the university's investment portfolio and launch the search process for a permanent CIO. The process and timeline for that search could not be learned by deadline.