The university will consider committing $10 million across three underlying funds with a venture capital manager and fully terminating its investment with a hedge fund manager for diversification purposes.
The college is searching for a v.p. of finance and operations after its previous finance head left in late 2022 to join a nearby community foundation in the same role.
The fund expects to receive an education on portfolio leverage and portable alpha strategies this month before it reviews its strategic asset allocation this summer and restructuring its real estate portfolio later in the third quarter.
The firm hired an industry veteran to serve as senior v.p. to lead its outsourced cio practice, implement best practices and expand business development.
The organization is searching for a director of investments and investment analyst to help oversee its endowment as it looks to establish an investment office and move away from its current investment consultant model.
The university hired a new v.p. for finance and administration and treasurer in the first quarter following a search after its previous finance head left in late 2021.