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University of Pittsburgh Names New CIO
Jeffer Choudhry was most recently the senior managing director and head of investments at Carnegie Mellon University.
The University of Pittsburgh has tapped Carnegie Mellon investment office alum Jeffer Choudhry as its next chief investment officer.
The $5.6 billion endowment announced Thursday that Choudhry’s nomination will be presented to the university’s board on February 25.
He will replace Gregory Schuler, who stepped down from the endowment in 2021 to pursue other opportunities after three years as CIO.
“I am excited to join the talented investment team at Pitt and steward this world-class endowment so that it can continue to provide financial support for scholarships and other financial aid, faculty positions, and research activities now and in the future,” Choudhry said in a statement.
Choudhry most recently was the senior managing director and head of investments for Carnegie Mellon University, a role he had held since 2019. He joined CMU’s investment office in 2016.
Prior to CMU, Choudhry worked in the investment office at the Museum of Modern Art. He had worked in investment banking at both Bank of America Merrill Lynch and Morgan Stanley prior to becoming an allocator. His career began outside of the investment industry, as an integrated circuit designer at LSI Logic Corporation, according to the University of Pittsburgh’s announcement.