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.
The foundation hired an investment consultant over two other finalists based on its team management approach, experience/expertise with similar sized endowments and price following the issuance of an RFP in the first quarter of 2022.
A New York University managing director of investments has left the institution to join the Museum of Modern Art as its next investment head following a search from the second half of 2022.
The firm has made a strategic minority investment in an investment advisor that has $6 billion in assets under management and advisement.
The fund wrapped up its search for multi-strategy hedge fund managers with two firms that will supplement and complement its existing hedge fund manager.
The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.
The university promoted its associate v.p. to cfo last month after they had been filling the role on an interim basis since July.
The fund has issued an RFP seeking investment managers to serve as a fiduciary for the funds, develop a balanced investment portfolio of growth and income and advise on asset allocation.
The foundation is searching for a firm to evaluate market risk and develop strategies that minimize the impact on the portfolio, prepare maturity analysis and provide credit analysis of portfolio investments.