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Kevin Dalmut, Rising Endowment Star, Dies at 39

Kevin Dalmut, investment officer at the University of Iowa and a veteran of the University System of Maryland Foundation, died on January 19. He was 39. Dalmut had been managing investments for the University of Iowa Center for Advancement’s $1.1 billion endowment. He had joined the university in July 2019 after a ten-year career at the USM Foundation. He was viewed as a rising star in the endowment and foundation world, having been named to Chief Investment Officer’s Forty Under Forty list in 2012, 2013, and 2014. “Our team is heartbroken by the news of Kevin’s passing,” said Sam Gallo, chief investment officer of the USM Foundation. “He was our teammate and our friend, and he will be greatly missed. Our hearts and prayers are with Kevin’s family during this difficult time.”

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