Courtesy of Arthur Cohen
Investment Guru In 2015, Paula Volent, the highest paid employee in the NESCAC, earned nearly one million dollars more than the previous year.
On July 1, Paula Volent, Bowdoin’s chief investments officer, will be stepping down from her position after more than two decades of service to the College. Over the duration of her career in Brunswick, Volent oversaw the growth of Bowdoin’s endowment from $465 million to its current $2.4 billion valuation growth which has fundamentally altered the College’s financial capabilities and enabled it to be one of 19 need-blind colleges nationwide in its admissions policies and meet full demonstrated financial need with zero loans. As Volent leaves Brunswick, she will leave big shoes for her replacement, Niles Bryant, current director of investments, to fill.
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Niles Bryant Named Senior Vice President and Chief Investment Officer at Bowdoin College
K. Niles Bryant will become the next senior vice president and chief investment officer at Bowdoin College, where he will be responsible for managing the College’s $1.8 billion (as of June 30, 2020) endowment, the largest portion of which is permanently restricted to the support of student financial aid.
Niles Bryant
Bryant’s appointment is effective July 1, 2021. He will succeed Paula Volent, who announced in February that she intends to step down in June after more than twenty years in the position.
“Niles’s exceptional experience and skills, his record of achievement, and his deep commitment to Bowdoin’s mission make him the ideal person to succeed Paula in this work that is vital for the College and especially for the students and families supported through our endowment returns,” said Bowdoin President Clayton S. Rose.