The foundation has issued an RFP seeking investment advisory and management services for its endowed and non-endowed funds.
The discretionary firm added an investment director to handle due diligence and ongoing monitoring of current and prospective investment managers earlier this month.
The consultant laid out initial steps for organizations to improve their diversity after its survey showed that a majority of respondents find diversity, equity and inclusion efforts are making their organizations more effective.
The institution added private equity and event-driven hedge fund strategies within its endowment in the first and second quarters, while also fully redeeming from a hedge fund manager.
The university is searching for investment analysts to join its investment team and help oversee and manage its endowment.
The alternatives operational due diligence consulting firm recently hired a director to join its 10-member team and help provide operational due diligence for institutional investors and investment managers.
The system approved a recommendation to fully redeem a fixed-income investment from its operating pool and reallocate the proceeds among managers in its long-term pool for liquidity needs.
The institution approved completely liquidating a domestic large-cap growth equity strategy and an Asian hedge fund strategy last quarter.
The fund expects to receive recommendations to add new multi-strategy hedge fund and international equity managers to its portfolio this month after making a private credit commitment at the end of the third quarter.
The firm has hired a managing director to oversee its investor relations and business development efforts as well as deepen relationships with existing and prospective investors.