The institution approved increasing its investment with an existing equity manager for the third time in over a year after first hiring the firm in early 2020.
The institution hired an associate v.p. for finance from a Midwestern university to serve as its next cfo following a search from the beginning of the year.
The plan has issued an RFP seeking an investment consultant to oversee and advise on its assets due to the Aug. 31 contract expiration of its incumbent provider, which is allowed to rebid.
All participating institutions had more than 5% of their U.S.-based assets with diverse-owned firms, however, more than two thirds of the wealthiest 25 private and 25 public college and university endowments refused to participate in an assessment of the diversity of their asset managers.