Money Management

Hirtle Callaghan recruits Brown University managing director as deputy investment head

Daniel McCollum was named deputy head of investments at Hirtle Callaghan & Co., confirmed spokesman Liam Ben Zur in an email.

The position is new. Mr. McCollum will be responsible for alternative investments and illiquid markets including private equity, hedge funds and special opportunities. He will also join the company's investment policy, investment strategy and management committees. He will report to CEO Ranji Nagaswami.

Mr. McCollum was a managing director at Brown University's $3.4 billion endowment, where he was responsible for co-leading the investment office and assisting with managing the Providence-based university's endowment. It could not be learned by press time if he was replaced; university spokesman Brian E. Clark could not be immediately reached for comment.