The university has selected a firm to provide investment advisory, management, custodial and reporting services for up to approximately $6 million of its endowment initially following a search from the second quarter.
The institution approved four new voting guidelines on climate commitments, biodiversity, racial equity audits and cybersecurity in 2022 and has made the guidelines available publicly.
The foundation launched a short duration income fund investment option solely managed by one firm at the beginning of the year in response to the current market environment to provide a flexible option that delivers high yield, consistent performance and low volatility.