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The investing veteran has been interim chief since Sally Dungan’s death a year ago.
Craig W. Smith
Craig W. Smith has been tapped as the new chief investment officer of Tufts University, overseeing its $2 billion endowment.
An experienced financial services professional specializing in institutional investing, Smith has been serving as the interim CIO since March 2020 while the school conducted a national search. He replaces Sally Dungan, who died of cancer a year ago.
Smith called the appointment a great honor, noting Dungan’s accomplishments as Tufts’ first CIO and a trailblazer in the field. Leading the endowment since 2002, she nearly tripled its size during her tenure.
Smith, who has served as the university’s co-chief investment officer
ad interim since March 2020, was chosen following an extensive national search.
As chief investment officer, Smith will head the university’s Investment Office and oversee Tufts’ $2.0 billion endowment, which was established to ensure a perpetual source of support to serve the university’s mission. The endowment helps the university to fund an exceptional education for dedicated students from all social and economic backgrounds, attract world-class educators and scholars, support the development of leading-edge educational opportunities, and meet budgetary obligations when other sources of revenue fluctuate.
Smith will report to Executive Vice President Michael W. Howard and the investment committee of the university’s Board of Trustees.
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Silversmith Capital Partners today announced the promotion of Brian Peterson to General Partner. Since joining Silversmith in 2015, Brian has played a key role in the firm’s growth, including leading several investments and supporting the entrepreneurs the firm partners with as they scale their companies.
Brian Peterson, General Partner, Silversmith Capital Partners (Photo: Business Wire)
“Brian has been an integral part of the firm since our founding. From leading our recent investment in Market Access Transformation (MAT), to helping create the LifeStance Health behavioral health platform, to developing and executing on M&A transactions at Centauri Health Solutions, Brian has added meaningful value to the firm and our portfolio,” said Jeff Crisan, Managing Partner. “In addition, Brian has been deeply involved in building our investment team, and he is considered a trusted mentor to many. We are