The foundation has issued an RFP seeking a firm to provide investment, participant, provider/vendor and fiduciary status and compliance services for its retirement plans after conducting a search for an investment provider in the first quarter.
The foundation has launched a search for its next cio to oversee its investment portfolio and team as its current investment head is set to work through the end of the calendar year then retire after a decade in the role.
The fund approved a new long-term strategic asset allocation for its endowments, increasing its private equity target 5% to raise expected returns and leverage the unique cash flow attributes of the portfolios.
The university disclosed follow-on venture capital and private equity commitments made in the first and second quarters of 2023 within its long-term portfolio.
Paradigm Institutional Investments launched with the goal of guiding institutions in their achievement of fiduciary excellence and attainment of financial objectives, while making positive change to diversity and inclusion in the investment industry.
The global asset manager has entered a definitive agreement to acquire full control of the London-based debt firm, which will see its 45-person team integrated into the asset manager’s European private debt platform.
The fund will consider new 2024 fiscal year strategic asset allocations that would increase its allocations to private equity and directional hedge funds, among other asset classes.
The institution is searching for an investment manager for public markets to participate in all aspects of its investment process from identifying and evaluating new investment opportunities through conducting due diligence meetings with potential managers.
The university has invested a portion of its endowment in the real estate partnership that owns the art deco-style skyscraper and two adjacent surface parking lots and parking structure to take a majority ownership stake.