Bolajoko Olusanya was named a managing director on the global equities team at Strategic Investment Group, said Timothy O'Hara, co-chief investment officer.
The position is new. Mr. Olusanya oversees the firm's U.S. equity portfolios and conducts U.S. equity manager due diligence. He reports to the three co-CIOs: Eric Bendickson, Markus Krygier and Mr. O'Hara.
Mr. Olusanya was the risk manager for Vanderbilt University's $4 billion endowment. He will not be replaced, a spokesman said.
Strategic Investment Group had $37.5 billion in assets under management as of March 31.