The fund approved the addition of a new opportunistic strategy within its portfolio during its April board meeting as recommended by staff and its general investment consultant.
The investment consultant has appointed two cios and two global heads to accelerate client impact, help navigate uncertainty and build long-term growth amid a shifting landscape.
The foundation named the founder and managing partner of the venture platform to its board of trustees to help oversee its endowment and help set broad policies related to grantmaking, geographic focus and governance.
The foundation has hired an associate investment director from Cambridge Associates to assist in the oversight and management of its nearly $3 billion in assets under management.
The institution has issued an RFP searching for a firm to serve as a discretionary advisor and direct the investment, sale and reinvestment of all assets under management.