The fund will discuss potentially conducting a search to replace its incumbent small-cap value manager due to underperformance.
The university approved a new investment policy statement with revised long-term strategic asset allocation targets for its strategic and reserve pool last year.
The university has built a substantial allocation to cash in recent years as it looks to potentially solve a liquidity issue for another institutional investor’s portfolio.
The firm has hired a head of exchange traded funds to oversee its ETF strategy and business execution as well as exchange-traded fund capital markets across asset classes.
The firm has promoted a staff member to head of U.S. consultant relations to strengthen its partnerships with new and existing institutional investors, deepen consultant relationships and expand its institutional business in the U.S.
The university is searching for a director of investment talent to oversee recruitment, investment compensation plans, training and development, employee relations, diversity and inclusion and performance management.
The move follows the foundation’s investment head leaving to pursue a new opportunity at a Midwest foundation.
The multi-family office, which serves select families and private foundations, has hired a senior managing director to lead its client success initiatives and partner with clients on strategic investment planning, portfolio construction and manager selection.
The firm has hired a senior investment consultant to work with institutional clients, including foundations, endowments, healthcare organizations and retirement plans.
The fund has extended the deadline for proposals in its search for firms to provide investment management services to June 5 from May 16.