Photo by Elle Rinaldi/The Choate News
New Chief Investment Officer Mr. Jason Raiti succeeded Mr. John C. Burditt ’70, who retired last year after 19 years at Choate. Mr. Raiti, who hails from Massena, New York, aims to maintain the strong foundation that Mr. Burditt laid.
Mr. Raiti attended Dartmouth College, where he earned a B.A. in economics and played football. After he graduated in 2006, he worked in Cincinnati as a real estate analyst. He served as Senior Research Analyst for the Fund Evaluation Group from 2007 to 2011, and worked as the Associate Director of the Investment Office at Wesleyan University from 2011 to 2014. Most recently, he worked as an investor for Eastman Kodak, in Rochester, New York, overseeing the allocation of the company’s $5 billion pension plan.
Appointed as to his new position in August, Mr. Raiti now manages Choate’s approximatly $350 million endowment. Among other things, he is responsible for making recommendations to the investment committee, a subset of the Board of Trustees that oversees and invests Choate’s growing endowment. Mr. Raiti works daily to compile information helpful when making investment decisions, and he reports his findings back to the committee for the final approval.
As Mr. Raiti kicks off his Choate career, he strives to maintain the strong reputation that Choate has built for itself, and through working with the dedicated investment committee, he hopes to make worthwhile investments. He aims to develop ancillary research projects, invest in private equity, and invest in emerging markets. He also hopes to lead the investment committee into a more granular approach when it comes to investing, as he believes that small changes will enhance the returns for the school.
Mr. Raiti resides in West Hartford with his wife and two boys. He said, “Coming to this School was a great opportunity for me. I have everything that you would want when you’re in this position. The investment committee is full of great people, and I was blown away by the institution and by Dr. Curtis and his vision for the School.”
