After a year-and-a-half overseeing Yeshiva University’s investments, Sid Browne is returning to the private sector.
Browne, named the New York school’s first chief investment officer in August 2009, resigned on Dec. 24, Pensions & Investments reports. He joined the school from Brevan Howard Asset Management, where he was U.S. CIO.
Browne took the helm at Yeshiva’s $1.2 billion portfolio after the school lost more than $100 million in the Bernard Madoff scam; Madoff feeder fund magnate J. Ezra Merkin was a trustee of the university.
It is unclear what Browne’s plans are; P&I reports that he will take a post in investment management.