Consultant will assist in the administration of its 529 plans due to the upcoming contract expiration of its incumbent provider, which has been providing the services for more than a decade.
The university named its assistant v.p. for finance and controller as interim cfo and senior v.p. for operations as its conducts a national search for the position.
New strategic asset allocation approved last week increases targets to private equity and non-core fixed-income, including high-yield bonds and bank loans.
The fund will consider increasing its investment with an existing real estate manager this summer as its target to the asset class is significantly underweight.
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.