The plan hired a new general investment consultant in the second quarter after conducting a search for the services last year due to the contract expiration of the incumbent provider, which submitted a proposal.
The associate director will contribute to investment decisions across the portfolio, with a focus on private asset classes, including buyout, growth equity, venture capital real estate and natural resources.
The system expects to receive a recommendation from its general investment consultant to reinvest funds at a future board meeting after approving the termination of a hedge fund manager last week.
The university hired a director of investment services to provide analytical and technical support for its investment division from a mid-Atlantic public pension system.
The managing director of public investments at a Northeastern foundation recently left the position to join a nearby family investment office as a managing director.
The firm hired a director to focus on business development efforts for clients in the Midwest and a director to handle new business development, strategy and asset growth across all sub-advisory business channels.
The firm added a director to its investment team in August from a Western investment consulting firm, where they served as a consultant for nearly three years.
The fund was slated to receive recommendations to restructure its real estate portfolio and add extended equity managers to its portfolio at its board meeting last week.
The firm has named a head of distribution for its institutional outsourced cio practice, housed within subsidiary PFM Asset Management, to support its go-to-market strategy for consultant relations.
The foundation is searching for a managing director of public investments to lead investment strategy, portfolio construction, manager sourcing and due diligence for its public investments.