The fund approved recommendations to add new multi-strategy hedge fund managers as well as introduce long/short active management in the international equity portfolio last month.
The university revised its long-term targets for drivers of return of its endowment, increasing its target to equities at the expense of absolute return, credit and real estate.
The firm has added a senior v.p. and regional director in Washington D.C., to support its efforts to grow its foundation, endowment and nonprofit clients in the region.
The university authorized its board chair to execute or decline a private equity commitment within its endowment in the third quarter.
About 42% of the university’s asset managers are diverse-owned as of June 30, a slight downtick from the 44% reported in 2021, but up from the 40% reported in 2020.
The fund anticipates hearing recommendations to add new multi-strategy hedge fund managers as well as introduce long-short active management in the international equity portfolio at its board meeting today.
The university has hired a senior director of investments and associate director of investments from the previous employer of its cio as part of the buildout if its investment team.
The firm has hired a director to assist with asset allocation, investment policy development, investment manager search and selection and performance measurement for its foundation, endowment and family office clients.
The investment analyst support the institution’s investment management efforts and overall operational management.
This article is the second part of a two-part series from Meketa Investment Group executives examining active allocation strategies tailored to today’s market.