The foundation is searching for a director of investments to assist in the oversight and management of its portfolio after hiring its first full time cfo to begin later this month.
The system approved extending its contract with its outsourced cio provider for one year through Dec. 31, 2024 after consolidating to one discretionary provider at the beginning of 2022.
The university selected a firm to serve as retirement consultant for its optional retirement plans and provide fiduciary governance in the fourth quarter following the issuance of an RFP in July.
The foundation has begun a national search for its next president and the current head’s resignation will be effective upon the appointment of a successor.
The system is searching for a director of investments for public equities to manage due diligence, monitor investments and make recommendations on manager sizing, portfolio construction and asset allocation.
The foundation is looking to build out its private investments over the coming years after revising its target asset allocation and significantly increasing allocations to several alternative asset classes in fiscal year 2022.
UTIMCO President and CEO William ‘Britt’ Harris will step down from the role at the end of the second quarter after six years of service and CIO Rich Hall will take over the role.