The foundation has issued an RFP seeking an outsourced cio to determine its investment strategy, purchase and sell securities and provide performance monitoring for its endowment.
The college saving plan selected an investment consultant to assess its investments, provide input and analysis on investment options and advise on investment policy following the issuance of an RFP in the fourth quarter.
The college is seeking an investment analyst to help with the day-to-day management of its endowment as well as screen, select and monitor investment managers.
The firm closed its first multi-asset continuation fund, which will recapitalize four portfolio companies from its first two strategies, with approximately $325 million in commitments.
The system will consider four high-yield fixed-income managers for possible inclusion within its portfolio after launching a search in the fourth quarter due to the termination of the incumbent due to personnel turnover and poor performance.
The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.