The institution will review the asset allocation for its endowment this week and consider increasing its private equity target.
The university hired an investment analyst in its search for junior investment team members to assist in the oversight of its approximately $3.5 billion endowment.
The John S. & James L. Knight Foundation has been at the forefront of bringing valuable data to the discussion around diversity within the asset management space – work that has involved tremendous introspection and a commitment to transparency.
New investment consultant hire comes out of a late 2021 search for standard due diligence purposes.
The agency hired an outsourced cio to provide investment management, operations, asset allocation strategy, client service and reporting services for more than $1 billion of its assets.
The university has issued an RFP seeking a firm to provide treasury management services, including cash management services.
Addition of emerging market fixed-income and high-yield bond strategies last month offers participants opportunities for additional yield.
New director will carry out foundation’s investment program, audit and tax functions and oversee finance and operations following a search from earlier this year.
Target asset allocation changes under consideration for the system’s largest pool would ensure the portfolio is prudently allocated to withstand further disruptions to the market and economy.
The university will consider committing additional capital to an existing real estate strategy as the firm eyes a more robust opportunity set than anticipated and prefers to increase the size of the fund rather than raise a new one.