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Tina Surh to run $2.5 billion endowment at New York University

 
Bloomberg Businessweek
 
July 21, 2010
 
New York University, the largest private nonprofit university in the U.S., promoted Tina Surh to chief investment officer of its $2.5 billion endowment.

Surh, 39, the acting CIO since October, has overseen the fund since her predecessor, Maurice Maertens, retired last year, the Manhattan school said today in an e-mailed statement. Surh, who joined NYU in 2005 as director of investments, was promoted to deputy CIO in 2008.

Surh graduated from Tufts University in Medford, Massachusetts, and has a master’s in business administration from Harvard University in Cambridge, Massachusetts. NYU said in November that its fund investments fell 11 percent in the year ended Aug. 31, compared with an 18 percent drop for the Standard & Poor’s 500 Index, including dividends. The university added to its bond investments and reduced stock holdings.
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