Northwestern University welcomes first female endowment CIO

Northwestern University named the first woman in the Evanston, Illinois-based institution’s history to lead the investment staff of its $12.2 billion endowment portfolio.

Amy Falls was named vice president and chief investment officer following a national search to replace William McLean, who stepped down in October after 18 years in the CIO role. In January, McLean became president and CIO at Spider Management Company, which manages the assets of the University of Richmond’s endowment portfolio.

Falls had been the CIO at Rockefeller University since 2011. Prior to that, she was the . . .

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