London CIV appoints Aoifinn Devitt as new Chief Investment Officer

12 January 2024

London CIV has named Aoifinn Devitt as its new Chief Investment Officer (CIO). Aoifinn has advised LGPS pension schemes since 2006, consulting on asset allocation and responsible investing, as well as the pooling process, and joins London CIV from US-based wealth management firm Moneta, where she was CIO.

Aoifinn has extensive experience in senior investment roles including as head of investment for Ireland at Hermes Fund Managers, and CIO for the Policemen’s Annuity and Benefit Fund of Chicago. Recent experience also includes independent adviser roles to four local authority pension funds in the UK, as well as other investment committee positions.

Originally from Ireland, Aoifinn spent her early career working in London as an investment banking associate at Goldman Sachs International and a specialist consultant at Cambridge Associates Limited. She also founded Clontarf Capital, a pan-alternatives research and consulting firm.

Aoifinn is a licensed attorney, who has been a member of the New York Bar since 1996. She earned her law degrees from Trinity College Dublin and Oxford University. She also earned her MBA from INSEAD in France and MSc in Applied Neuroscience from Kings College London.

Aoifinn also hosts and produces The Fiftyfaces Podcast, which showcases diversity and inclusion within the investments industry and other professions. In the episode below, Aoifinn talks to Charlotte O’Leary, CEO and Director of Pensions for Purpose, about how the organisation exists as a bridge between asset managers, pension funds and their professional advisers, to encourage the flow of capital towards impact investment.

On her appointment as London CIV’s new CIO, Aoifinn said: “I’m thrilled to be joining the London CIV team as CIO, especially at a time of evolution and growth. Having worked within the LGPS network for over 15 years, I am acutely aware of the importance of the role of London CIV in supporting our clients in the management of the LGPS.

“I’m excited to build upon my work within the public sector to develop a suite of investment products that reflects the evolving imperatives around net zero goals, cash flow generation and portfolio resilience, and above all to working with a diverse group of clients at such a momentous time in their trajectory.

Dean Bowden, London CIV’s CEO, added: “I’m delighted that Aoifinn is joining London CIV as CIO. Her extensive knowledge and experience including within the LGPS arena will add significant value to the investment proposition and business more broadly.”

Source: London CIV