The plan was created this year and is seeking outsourced cio services for its investment program, which will have an initial corpus of approximately $200 million.
The four alumni elected include two investment professionals that will help administer invested funds, set an annual budget and determine policies for operation and control of the institution.
The college has issued an RFP seeking a firm to provide investment advisory and investment management services for its endowment assets.
The fund has launched a national search for its next president and ceo as its current head plans to retire in June after 23 years of service in the role.
The fund is seeking the services for two local government investment pools totaling approximately $58.4 billion as its incumbent provider’s contract is set to expire at the end of the year.
Two managing directors recently left the institution to pursue new opportunities as its investment head is planning to retire in late 2027.
The foundation hired an investment operations manager to support overseeing portfolio performance and treasury operations.
The university added recently added five new members to its board of trustees, including one venture investor focused on enterprise software infrastructure and applications.
The firm has issued an RFP seeking firms to assess its current compliance infrastructure as it considers registering as an Securities and Exchange Commission registered investment adviser.
The university hired an investment analyst focused on marketable investments to help oversee and manage its portfolio after graduating from the institution in May.