University of Illinois CIO departs

Ellen Ellison has left her post as chief investment officer at the $2.4 billion University of Illinois Foundation to pursue other endowment and investment-related activities.

She is credited with creating the first investment office in Chicago for the university’s foundation. In a note on social media, she thanked the University of Illinois alumni community who were supportive of her efforts in leading a team of six investment professionals in overseeing the endowment’s investments.

Edward Creedon, who joined the Chicago office in 2014, was named interim chief investment officer. He is also . . .

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