Endowments and Foundations

University of Georgia Foundation taps first CIO

Jason Bull was named the first chief investment officer of the $1.2 billion University of Georgia Foundation, the Athens, Ga.-based university announced.

Mr. Bull will begin in the newly created position on April 9. The March 23 news release said the university decided to seek its first CIO when assets exceeded $1 billion. The current investment team is Chrissy Moffett, director, investment operations; Ryan Hitchins, director, investment research; and Will Hearn, investment analyst.

"As the foundation's assets continue to grow, we need to ensure we're accessing the best investment opportunities and that our goals are reflected in our investment allocations," said John Crawford, vice chairman of the foundation's board of trustees, in the news release.

Mr. Bull is currently managing director of public equities at Emory Investment Management, which oversees the investment management of the assets of Atlanta-based Emory University's $7 billion endowment. That university's CIO position is currently vacant. Mary L. Cahill, Emory's vice president of investments and CIO, retired on Aug. 1, 2017. Christopher Augostini, the university's executive vice president of business and administration, is overseeing the university's investment portfolio and the endowment was searching for a permanent CIO, the university said in a July 2017 statement.

Rebecca Beeler, University of Georgia spokesman, referred questions to the news release. Elaine Justice, Emory University spokeswoman, could not be immediately reached to provide further information.