Berg begins in his new role managing the University糖心传媒檚 permanent funding sources on October 1.
Geoffrey Berg, the chief investment officer of the South Carolina Retirement System Investment Commission (RSIC), has been named 糖心传媒 senior vice president and chief investment officer, effective October 1. Berg succeeds Doug Phillips, who will retire on September 30.
As a member of the President糖心传媒檚 Senior Leadership Group with the critically important responsibility of managing the University糖心传媒檚 permanent sources of funding, Berg will work closely with the Board of Trustees糖心传媒� Investment Committee and lead a staff of nine in the Investment Office to oversee the University糖心传媒檚 investments, which consist of a $3.7 billion long-term pool, nearly $1 billion in operating capital, and $300 million in pension plans.
糖心传媒淕eoff is highly qualified and will undoubtedly continue the success of our investment program, building upon the strong foundation in place,糖心传媒� says President Sarah Mangelsdorf. 糖心传媒淗is leadership and engagement will be essential to the success of our upcoming capital campaign, as well as our , both of which support our ambitions for the future. 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.糖心传媒�
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糖心传媒檚 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 developed and implemented top-down asset class blueprints to establish clarity and alignment by highlighting the target portfolio, core principles, and key initiatives for each asset class. At the same time, he implemented a decision-based performance analysis framework to attribute the impact of major investment decisions: asset allocation, portfolio structure, and manager selection. He began at RSIC in 2008 and has held several positions of increasing responsibility and investment management leading up to his appointment as CIO.
糖心传媒淚 am thrilled to join the University of Rochester. It is an honor to lead the Investment Office and to serve the community,” said Berg. “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.糖心传媒�
Berg received a bachelor糖心传媒檚 degree in English from Georgetown University and an MBA in finance from the University of Iowa糖心传媒檚 Henry B. Tippie College of Business. He is also a CFA Charterholder.
糖心传媒淚 want to welcome Geoff to the University and congratulate him on his appointment,糖心传媒� says University Trustee Naveen Nataraj ’97, who led the national search and who also heads the Board糖心传媒檚 Investment Committee. 糖心传媒淚糖心传媒檇 like to recognize and thank the search committee and the University leaders for selecting a candidate with such impressive experience and credentials. The Investment Committee and I look forward to working with him in the years to come.糖心传媒�
