Distributed August 2, 2000
For Immediate Release
News Service Contact: Tracie Sweeney





Cynthia E. Frost named vice president and chief investment officer
Cynthia E. Frost, a vice president and portfolio strategist for Duke Management Company, has joined Brown University as vice president and chief investment officer.

PROVIDENCE, R.I. —Cynthia E. Frost has joined Brown University as vice president and chief investment officer.

Frost, who began her work at Brown on July 17, previously was a vice president and portfolio strategist for Duke Management Company, which oversees Duke University’s endowment. In her position at Brown, she works with the Investment Committee of the Brown Corporation, the University’s governing body, to manage the University’s endowment portfolio and its operating funds. As chief investment officer, she is responsible for developing a long-term investment policy and asset allocation strategy for Brown’s portfolio and recommending external money managers to the committee. Frost reports to Paul R. Dupee Jr., chair of the Investment Committee, and to Donald J. Reaves, executive vice president for finance and administration and chief financial officer.

“Brown is pleased to have Cynthia as a member of the University community,” said Reaves. “Given the size of the University’s endowment and the importance of growing its returns, it is important to have someone like Cynthia, who has a wealth of experience in higher education and finance, fill this newly-created Brown post.”

Before joining Duke Management Company, Frost worked at Cambridge Associates in Boston, where she was a managing director and an oil and gas resource consultant; at Bain and Company in Boston; and at BA Investment Management Company in San Francisco. Frost received an A.B. in economics from Stanford University and an MBA from the Amos Tuck School at Dartmouth University.

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