Sign In
Upcoming Event
Free Newsletter
UR names new chief investment officer
UR names new chief investment officer
Geoffrey Berg, the chief investment officer of the South Carolina Retirement System Investment Commission, has been named University of Rochester senior vice president and chief investment officer, effective Oct. 1.
Berg succeeds Doug Phillips, who will retire on September 30.
He will be a member of the president’s senior leadership group, with the responsibility of managing the university’s permanent sources of funding.
Berg will also work closely with the Board of Trustees’ investment committee and lead a staff of nine in the investment office to oversee the university’s investments, which consist of a $3.7 billion long-term pool, nearly $1 billion in operating capital and $300 million in pension plans.
“Geoff is highly qualified and will undoubtedly continue the success of our investment program, building upon the strong foundation in place,” said Sarah Mangelsdorf, UR president. “He brings a wealth of experience in investment management and a strong track record of strategic leadership in complex financial environments, and I look forward to working with him.”
Berg has served as CIO of RSIC since 2016. He was named chief investment officer after serving for a year in an interim role with the commission, which directs investments of South Carolina’s roughly $50 billion in pension assets.
As CIO, Berg has led significant restructuring of the South Carolina Retirement investment program, which improved returns versus both its benchmark and peers.
He began at RSIC in 2008 and has held several positions of increasing responsibility and investment management leading up to his appointment as CIO.
“I am thrilled to join the University of Rochester,” Berg said. “I am fortunate to inherit a strong foundation established by my predecessor, Doug Phillips. I look forward to working with President Mangelsdorf, the senior leadership team, as well as the investment committee.”
Berg received a bachelor’s degree in English from Georgetown University and an MBA in finance from the University of Iowa’s Henry B. Tippie College of Business. He is also a CFA Charterholder.
[email protected] / (585) 653-4021
d
