The university selected a firm to serve as retirement consultant for its optional retirement plans and provide fiduciary governance in the fourth quarter following the issuance of an RFP in July.
The foundation has begun a national search for its next president and the current head’s resignation will be effective upon the appointment of a successor.
The nonprofit has been gathering diversity statistics on its managers for years but has not publicly disclosed the figures yet.
The system is searching for a director of investments for public equities to manage due diligence, monitor investments and make recommendations on manager sizing, portfolio construction and asset allocation.
The authority has issued an RFP seeking an investment advisor to oversee and manage its operating and other post-employment benefit trust funds.
How Yale and its peer institutions keep their assets under primarily white management
The foundation is looking to build out its private investments over the coming years after revising its target asset allocation and significantly increasing allocations to several alternative asset classes in fiscal year 2022.
UTIMCO President and CEO William ‘Britt’ Harris will step down from the role at the end of the second quarter after six years of service and CIO Rich Hall will take over the role.
The firm met its goal of doubling the percentage of its investments with diverse managers to 10% from 5% by the end of 2025 and has established a new target to increase assets held by diverse managers to 15% by 2025.
The university is searching for an investment analyst to serve in a generalist role and assist in the management of its endowment.