The college selected a new investment advisor for its portfolio last year after issuing an RFP in the first quarter.
A fund in the South has issued an RFP seeking firms to actively manage investment funds, which are expected to include an estimated $100 million to $300 million, on a day-to-day basis and provide investment advice.
Doherty joined the foundation in July 2018 after almost two years as operations director for the UK Community Foundations.
The fund hired a new cio to oversee and manage its portfolio from a Southwestern defined benefit plan, which its previous investment head left to join last summer.
The firm has named co-heads of Asia ex-Japan fixed-income effective Jan. 3 as part of a measured transition ahead of the retirement of its co-head of emerging markets and head of Asia ex-Japan fixed-income in June 2023.
The university invested $4 billion in the Blackstone Real Estate Income Trust and the firm will provide a $1 billion backstop if the fund does not achieve a minimum annual return of 11.25% for six years.
Foundation’s current head is set to retire at the end of the first quarter after 13 years of leadership.
A turbulent market has highlighted just how difficult it is to provide retail investors access to illiquid investments like real estate and other private assets.
The foundation has hired a new director of investment operations to oversee all operational and investment support functions for its portfolio after its previous director left in the third quarter.
The university revised the asset allocation for the policy portfolios of two of its asset pools, increasing the allocations to global equity through a consolidation of its public real assets position.