Michael Abbott was named chief investment officer at Cornell University, Ithaca, N.Y., overseeing the school’s $4.4 billion endowment, Cornell said in a statement.
Mr. Abbott started at Cornell on Monday. He replaced James Walsh, who stepped down at the end of June to start the $150 million hedge fund Cayuga Capital Partners in London.
Mr. Abbott was CEO and head of the investment committee at Robeco-Sage, the $2 billion hedge fund-of-funds firm owned by Robeco Group. Jill Schurtz, COO, replaced Mr. Abbott as CEO, said Katherine McMillan, a Robeco spokeswoman in the U.S. Information on the COO duties at Robeco could not be immediately learned.
Cornell senior investment officers A.J. Edwards, David McNiff and John Regan ran the endowment on an interim basis.
Reporter Douglas Appell contributed to this story.