Ben Wall was named chief investment officer at the $1.4 billion Texas A&M Foundation, said Janet Handley, the outgoing vice president of investments, who is retiring Dec. 31 after 15 years at the College Station-based foundation.
The title of vice president of investments is being changed to CIO to be more consistent with other endowments, Ms. Handley said, although the responsibilities — investment policy recommendations, investment strategy execution and investment research — remain the same. Mr. Wall, currently alternatives investments director, will report to Tyson Voelkel, president of the Texas A&M Foundation.
Josh Burgan, an existing investment director, will assist Mr. Wall with alternative investment recommendations and due diligence. At least one new staff member is expected to be hired in 2017, but the title and role are still being discussed, Ms. Handley wrote.