Maryland higher education CIO to coordinate University investments
President DeGioia announced today that Michael K. Barry, former chief investment officer of the University of Maryland System Foundation, would become Georgetown University’s CIO.
As the CIO of the UMSF since 2005, Barry managed the investment funds of 21 Maryland state universities and community colleges. Before starting at the foundation in 2003, he was a senior research associate at the Cambridge Associates consulting firm.
Barry also coordinates the investments of Association of Public and Land-grant Universities and serves as and advisor to No Greater Sacrifice, a non-profit that provides scholarships to children of fallen soldiers.
He replaces Larry Kochard, who left in January to serve as UVa’s CIO. Under the last year of Kochard’s tenure, the University’s endowment ranked 61st in the nation in 2010 according to the National Association of College and University Business Officers, which was six points higher than the previous year. But the office also faced scrutiny over where it chose to invest.
Barry received his B.A. in Philosophy at Fairfield University.