At the firm he was tasked with analyzing "asset allocation, domestic and foreign equities, absolute return and the timber portfolio.
"[1] After it was announced that Kristin Gilbertson was to concluded her eight-year tenure over the University of Pennsylvania's investment office, Ammon's name was mentioned as a possible successor.
The president of the university, Amy Gutmann, stated that "he is the right person to lead Penn's talented investment team and to maximize long-term returns, manage risk and generate the resources that help support our highest priorities, including our commitment to an all-grant, no-loan financial-aid program for undergraduates and our innovative interdisciplinary teaching and research initiatives.
"[3] In 2013, the endowment posted +14.4% return on investments, primarily driven by "equity markets and the university’s absolute-return portfolio.
[5] The year after, the endowment rose +7.4% to $10.1 billion fueled by the fund's private equity holdings.