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Franklin will leave her role as Director of Investments and Head of Private Equity at Alta Advisers, a London-based investment advisory firm and one of Europe’s leading single family investment offices.

An alumna of Jesus College, Cambridge, Franklin brings an impressive level of financial experience from Alta, private equity firm Apax Partners Ltd, BBC Worldwide and Virgin Management to the role.

Tilly Franklin said: "As an alumna, I’m delighted to be taking on a role at this great ̽��ֱ��, and helping to support its world-leading research and teaching."

̽��ֱ�� ̽��ֱ��’s Endowment Fund��supports a wide range of academic and research activities across Cambridge from the world-class Fitzwilliam Museum to scholarships for hundreds of students from around the world and ground-breaking research into chronic diseases such as cancer and Alzheimer’s, to name just two of the many areas of cutting-edge research at Cambridge.

̽��ֱ�� of Cambridge Vice-Chancellor, Professor Stephen Toope, said: “This is a key appointment. Tilly is the ideal person to lead the Endowment Fund into this new era. She brings a wealth of financial experience and a passionate commitment to responsible fund management. We are lucky to have her.”

̽��ֱ��Fund has distributed on average about £75 million annually over the last 10 years to help support the ̽��ֱ�� in its mission to contribute to society through the pursuit of education, learning and research at the highest international levels of excellence.

Franklin will take on the CIO role in a challenging era for fund management, as the world economy transitions towards a more sustainable economic model in the 21^st century. Her presence on the ̽��ֱ��’s Investment Board for the last five years ensures a continuity of the strategic approach for the Endowment that has provided a framework for success since its creation 10 years ago.

̽��ֱ��appointment coincides with the ̽��ֱ��’s efforts to tackle the fundamental problems facing humanity such as climate change, food security and chronic disease, where the Fund’s contribution plays a vital role in supporting research and scholarship.��

Those efforts also include greater transparency into the Fund’s activities and the appointment of a ̽��ֱ��-wide Environmental Social Governance (ESG) Officer, who will establish a programme of research into responsible investment, as well as the creation of a Centre for Carbon Futures Initiative determined to tackle the challenges of Climate Change.

̽��ֱ��Fund has a number of investors from Cambridge colleges to trusts, whose income furthers the research, learning and teaching for hundreds of ̽��ֱ�� academics and scholars.