The firm appointed a head of fixed-income, Americas to oversee its active fixed-income platform and develop actively managed solutions to meet investor needs.
The plan opted to retain its incumbent investment consultant and 529 industry consultant following searches from the first quarter due to the contract expirations of each firm.
The Northeast-based firm closed its second fund with $850 million in commitments, above its initial target, from a broad range of institutional investors.
The university extended the deadline for proposals in its search for firms to provide investment advisory and management services for its three-tiered operating funds portfolio after launching the search at the beginning of the month.
New investment officer will help oversee various investment programs, including investment pools, individually managed funds, donor recommended impact investments, following a search from last year.
The firm formed a private investment company to source, research, deliver and manage private investments for clients and has named one of its partners to head the entity.