Brandeis University Taps Tarek Saghir for CIO Post
The $1.2 billion endowment has selected Nicholas Warren’s replacement.
After an external search, Brandeis University has named one of its own as its next chief investment officer.
Tarek Saghir, who has served as the university’s interim CIO since Nicholas Warren departed in March 2022 to become Glenmede’s CIO, has taken on the role on an official basis. David Barrett ran the CIO search.
Saghir will oversee the management of roughly $1.2 billion in assets, as well as a four-person team at the university. Over the past ten years, Brandeis’s endowment has returned 8.7 percent on an annualized basis. For the fiscal year ending June 30, 2022, the endowment posted a 2.9 percent loss.
Saghir, who began his career as a business analyst at McKinsey, joined Brandeis in January 2021 as its director of investments, covering both private and public assets. Before joining the endowment, he had served as a principal investor at GroveStreet, a Boston-based investment firm, for seven years. His work there focused on venture capital, growth equity, and small buyouts.
Saghir’s tenure at Brandeis isn’t his first go-around as an allocator. He worked as a senior associate for the Canadian Pension Plan Investment Board for three years before joining GroveStreet, making direct investments in public or growth-stage companies in the technology and industrial sectors.