Mercer appoints US E&F investment leader
Mercer Investments has appointed Kenneth Shimberg as US endowment and foundations chief investment officer for outsourced CIO services, effective May 4.
Shimberg will also serve as chair of Mercer’s endowment and foundation (E&F) investment committee, which develops strategy and tactics for Mercer not-for-profit client portfolios, and provide leadership across Mercer’s not-for-profit client base.
Based in Boston, Shimberg will report to Stan Mavromates, Americas chief investment officer for Mercer Investments.
“As our E&F business continues to grow, we felt creating this role for Ken
“Ken
Shimberg joins Mercer from Brown University, where he served as an investment office managing director since 2001 and as interim chief investment officer from October 2012 to June 2013.
Before his role at Brown, he served as a principal at the Princeton University Investment Company. He has also worked at Nassau Capital, building private equity portfolios and at JPMorgan as a vice president in the structured finance group.
“With nearly 20 years working and leading in a university investment office, Ken
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you