The foundation recently appointed a director of public markets to lead the investment and management of its public investments from a nearby nonprofit medical organization.
The fund will receive an education on a potential new strategy from its general investment consultant in July as it also looks to approve a new investment policy statement and strategic asset allocation.
The university has issued an RFP seeking a firm to review its Optional Retirement Plan and 403(b) plan as part of a periodic review of the retirement plans for standard due diligence purposes.
The credit firm recently closed its inaugural fund, which provides capital for small business owner-operators, above its target fundraise.
New managing director and head of investments joins from a nearby endowment and bolsters firm’s investment research, analysis and due diligence capabilities.
The bill will help ensure colleges and universities are providing opportunities to women and minority asset managers by mandating transparency and standardizing data collection.
The fund will hold a first reading of proposed changes to its investment policy statement and strategic asset allocation, including increased allocations to fixed-income and hedge funds, at its June 29 board meeting.
The executive chair of the outsourced cio recently died after joining the mid-Atlantic based firm in the role in the third quarter.
The nonprofit has hired the executive director and cio of a nearby public defined benefit plan as deputy cio and they will succeed the nonprofit’s cio following their planned retirement in summer 2024.
The fund approved a search for domestic large-cap growth index managers at its board meeting last week to review pricing and see what others firms could provide the services as it has been utilizing the same manager since 2006.