By Aziza Kasumov August 19, 2019
“It’s common for universities to seek to hire in-house investment staff when their endowments grow to a certain size,” which Chris Cutler, founder of search firm Manager Analysis Services, previously pegged at between the $500 million and $1 billion range. (For example, Mount Holyoke College this summer conducted a search to hire its first CIO, after the school’s endowment grew to roughly $780 million in 2018, as reported.)