Will Maslovsky Appointed CIO of Alfred P. Sloan Foundation

The Alfred P. Sloan Foundation announced the promotion of Will Maslovsky, previously its managing director of investments, to CIO. His appointment was effective September 18, and he will be in charge of designing and implementing the foundation’s investment strategy.

Maslovsky succeeded Elizabeth Hewitt, who had been CIO of the foundation’s $2 billion endowment since 2015 and completed her tenure on September 17. Hewitt will join Miras Investments, a Dubai-based investment manager, as its CIO.

The New York-based Alfred P. Sloan Foundation awards grants to institutions that support research across science, technology, engineering, mathematics and economics, as well as initiatives to increase the quality and diversity of scientific institutions.

The foundation makes approximately 200 grants per year, totaling roughly $80 million annually. Some recent grants include a grant of $686,835 over three years to New York University to support a student-made film about science and technology and a $500,000 grant to Yale University to research the establishment of a green graphite supply chain in the U.S.

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According to its 2023 financial statements, the foundation allocated 78.92% of its portfolio to alternative investments and 13.89% to mutual funds and exchange-traded funds. The fund allocated 3.59% to equities and 0.27% to cash.

“For the past eight years, Will has been a major partner in developing the strategies that underly the Foundation’s investment portfolio and in working with dozens of fund managers to implement those strategies,” said Adam F. Falk, the Sloan Foundation’s president, in a statement.

Maslovsky joined the foundation in 2016 and was responsible for the asset allocation, strategy, portfolio construction and risk management of the fund during his most recent position as director of investments.

Prior to joining the foundation, Maslovsky was a partner in Morris Associates LLC. He was also previously a portfolio manager at Lion Cao Asset Management. Maslovksy earned a bachelor of science degree in finance from the University of Delaware.