William S. Reeser was named chief investment officer of the University of Florida Investment Corp., Gainesville, said Steve Orlando, university spokesman.
Mr. Reeser will start Nov. 10 and succeeds Douglas Wynkoop, who left the university last year.
UFICO manages a total of $2.7 billion for the University of Florida Foundation, University of Florida Research Foundation, University of Florida Athletic Association, and Shands Teaching Hospital and Clinics at the University of Florida.
Mr. Reeser was previously senior vice president and chief investment officer at American Lebanese Syrian Associated Charities Inc., the fundraising organization of St. Jude Children's Research Hospital, Memphis, Tenn.
ALSAC had $3.3 billion in assets as of June 30, 2013, according to its most recent available financial statements.
ALSAC spokeswoman Angela Richmond did not immediately return a phone call seeking further information.
