The organization is seeking a retirement program consultant to provide it with services related to reviewing and recommending a nonprofit employer retirement plan for approximately 80 employees.
The endowment hired the deputy cio of responsible investing for the New York City Comptroller’s Bureau of Asset Management to serve as a managing director and help lead its portfolio strategy.
The foundation added two fixed-income managers to its more than $1 billion portfolio in the last year as it ceased working with a hedge fund manager focused on global macro and fixed-income relative value strategies.
The wealth manager and registered investment advisor is acquiring a West coast-based institutional investment consulting firm to help support its investment strategy, fiduciary governance and portfolio oversight.
The university approved re-up commitments with existing private equity firms within its endowment as recommended by its general investment consultant at its September investment committee meeting.
The university invested over $2 billion to back the launch of an index ETF that allocates 90% to the Standard & Poor’s 500 Index and 10% to the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index.