The university selected a discretionary advisor to select managers, handle executive asset allocation decisions, develop investment strategies and manage the investment processes after issuing an RFP for the services last year.
The university is searching for an investment analyst and investment operations analyst to help oversee and manage its endowment.
The university is seeking an analyst to be responsible primarily for the initial and ongoing evaluation of current and prospective investment managers across asset classes.
The foundation recently approved an equity investment with a diverse manager within its endowment and mission-aligned investment pool after tracking the firm for years through its investment consultant.
The two universities have signed a letter of intent to advance a proposed merger, which is subject to regulatory and accreditation approvals as well as a formal definitive agreement.
The fund will discuss potentially conducting a search to replace its incumbent small-cap value manager due to underperformance.
The university approved a new investment policy statement with revised long-term strategic asset allocation targets for its strategic and reserve pool last year.
The university has built a substantial allocation to cash in recent years as it looks to potentially solve a liquidity issue for another institutional investor’s portfolio.
The firm has hired a head of exchange traded funds to oversee its ETF strategy and business execution as well as exchange-traded fund capital markets across asset classes.
The firm has promoted a staff member to head of U.S. consultant relations to strengthen its partnerships with new and existing institutional investors, deepen consultant relationships and expand its institutional business in the U.S.