Vincent Tuohey will succeed longtime Princeton University Investment Company President Andrew Golden, who is retiring at the end of June 2024.
Golden’s retirement was announced in April. More recently, the $34 billion endowment overseen by the investment office reported a loss of 1.7% and is the only Ivy League portfolio to have suffered losses in 2023 as returns overall at endowments have been in the low single digits.
Tuohey is investment director on the global investment staff at the Massachusetts Institute of Technology’s Investment Company (MITIMCo). A Harvard Business School alum and former captain in the U.S. Army, Tuohey had been with MITIMCo for over 13 years and was responsible for managing a portfolio of funds and direct investments across multiple asset classes, including private equity, venture capital, public equity, hedge fund, commodities and real estate.
At MITIMCo, Tuohey is leaving behind a $23.5 billion portfolio that generated an investment loss of 2.9% during the fiscal year 2023.
