The university revised the investment policy for its short-term investment pool, broadening the investment guidelines to allow more flexibility to invest in short maturity, higher yielding U.S. government bonds and increasing the amount of commercial paper that can be held.
The medical center hired its first managing director for private investments following a search from the first quarter as its inaugural cio is building out an inhouse investment team.
The manager, which aims to develop and deliver investment solutions to accelerate the transition to net-zero, has hired a new ceo as its previous head has stepped down to serve as a senior adviser.
The system approved a private equity commitment to an existing manager focused on enterprise software and information technology within its endowment last month.
The institution approved venture capital commitments to a firm that marks a new relationship and terminated a hedge fund manager for liquidity purposes and being overweight its targets to the strategies.
The fund decided not to take any watchlist action on one of its fixed-income managers despite the announced retirements of three senior members at the firm.