Hamilton College appoints Dinneen as chief investment officer

CLINTON, N.Y. — Hamilton College announced it has appointed Anne Dinneen as its new chief investment officer. She will manage the college’s $922 million endowment and planned-giving assets.

 Dinneen has been director of investments at the James Irvine Foundation in San Francisco since 2004. She also previously worked at Barclays Global Investors, Thomas Weisel Partners, and Banc of America Securities, according to a news release from Hamilton College.

“Anne Dinneen is a highly qualified and sophisticated investment manager with a track record of making prudent decisions that maximize growth and diversification. We are fortunate to have attracted someone of her talent and skill to manage Hamilton’s endowment as it approaches $1 billion in assets,” Henry Bedford, chair of Hamilton College’s Trustee Committee on Investments, said in the release.

Dinneen earned a bachelor’s degree in economics from Princeton University and her MBA from The Wharton School at the University of Pennsylvania. She will work from a new office in a yet-to-be-determined location in New York City, Hamilton College said.

Hamilton College’s new chief investment officer (CIO) replaces Peter Tonetti, who has served as the college’s CIO since 2008 and will retire in May, the release stated.

The National Association of College and University Business Officers and the Commonfund Institute reported in January that Hamilton College’s endowment grew 24.11 percent in the fiscal year ending June 30, 2014. That exceeded the national average endowment returns of 15.5 percent for the 832 colleges and universities that participated in the survey report. Hamilton’s endowment grew at annual rates of 14.87 percent and 8.63 percent over the last five and 10 fiscal years, respectively, according to the release.

Hamilton College has 1,850 students, from 45 states and 46 countries.

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