NewYork-Presbyterian has named Anne Dinneen as its new chief investment officer and senior vice president. This follows former CIO Bill Lee’s departure in September.
The $13 billion hospital system announced Thursday that Dinneen, who had been the CIO at Hamilton College, will officially join on May 2. Becker’s Hospital Review initially reported the news.
“Anne is a talented leader and skilled investor who has had remarkable success in managing endowments and fostering financial stability,” said Steven Corwin, president and CEO of NewYork-Presbyterian. “We look forward to her leadership in strengthening our institutional investments and its positive impact on the patients we serve.”
Dinneen joined Hamilton in 2015 when assets under management were $922 million. The endowment has since grown to $1.5 billion and is among Institutional Investor’s 2022 Hedge Fund Industry Award nominees in the endowment category.
At NewYork-Presbyterian, her team will be responsible for not only the hospital’s endowment but also its retirement system. “It’s an honor to support an institution so committed to the health and well-being of the communities it serves,” Dinneen said in a statement.
She sits on the investment committees at the Hotchkiss School, the Wallace Foundation, the Hillman Foundation, and the W.C. Bradley Co. She also serves on the TIAA Nuveen Investment Council and the Global Capital Markets Advisory Committee for the Milken Institute.
Prior to joining Hamilton, Dinneen worked for more than 10 years as director of investments at the James Irvine Foundation. She spent her time there sourcing, evaluating, and recommending investment managers and opportunities.
Earlier in her career, Dinneen worked as a quantitative portfolio manager on Barclays’ Global Investors’ advanced active equities team. She also worked in equity research roles at Thomas Weisel Partners and Bank of America Securities.