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Investments: Landis Zimmerman

Landis Zimmerman, an alumnus who has been associate director of investments for the Rockefeller Foundation for the past two years, has been named Managing Director for Investments at the University.

Dr. Kathryn Engebretson, vice president for finance, announced Mr. Zimmerman's appointment, effective January 19, to oversee the management of the University's endowment. His responsibilities include assisting Penn's Investment Board in formulating investment strategy; identifying new investment opportunities; and evaluating manager performance.

"Under Landis's leadership, I am confident that Penn's Office of Investments will strategically manage the University's assets to maximize investment returns and position the University to meet the financial challenges that lie ahead in the 21st Century," Dr. Engebretson said.

Mr. Zimmerman took his B.A. in econonics in 1981and an M.B.A. in finance in 1985. He began his career as assistant treasurer at Chemical Bank in 1981. After serving as a vice president at J.P. Morgan Securities Inc. from 1985 to 1994, he moved to Bear, Stearns & Co. Inc. as associate director until 1996, when he joined the Rockefeller Foundation.

Return to:Almanac, University of Pennsylvania, February 3, 1998, Volume 44, Number 20