Nancy Everett played a key role in establishing the VCU Investment Management Company (VCIMCO) in 2015, aiming to enhance donor engagement and financial resources for Virginia Commonwealth University (VCU) and its affiliates.
Under Everett's leadership, VCIMCO has experienced significant growth, with assets under management increasing from $700 million to over $2 billion. The organization has achieved impressive financial returns, surpassing its policy benchmark and ranking in the top decile among university endowments exceeding $1 billion.
This success has had a positive impact on VCU, supporting academic excellence, research innovation, student access and success, community engagement, healthcare quality, and faculty and staff development.
VCIMCO has also launched an internship program to nurture future investment professionals and infuse fresh perspectives into its operations. Nancy Everett's retirement marks the end of an era characterized by transformative leadership and significant achievements.
Her legacy includes not only financial metrics but also a culture of innovation, integrity, and transparency. The VCIMCO board of directors and former colleagues have established the Nancy Everett Scholarship to support future female students pursuing careers in business.
Bruce MacDonald, the new CEO and CIO of VCIMCO, recognizes the impact of Everett's leadership and aims to build upon the foundation she has laid.