Brian Schneider was named managing director of real estate and natural resources at the University of Pennsylvania, Philadelphia, said Kristin Gilbertson, CIO of the $4.3 billion endowment. The position is new and is part of Ms. Gilbertson's strategy to focus more on the asset class. Mr. Schneider was a senior portfolio manager and director of private real estate investments at DuPont Capital Management, which runs $24.3 billion in pension assets for E.I. du Pont de Nemours & Co., Wilmington, Del. William Blase, DuPont spokesman, said the firm is searching for a replacement.