The firm has added the former ceo of an investment manager and the CAIA Association as a senior advisor to assist with investor relations, portfolio governance, educational initiatives and thought leadership.
The system has issued an RFP seeking an investment management system that expands on the capabilities of its current systems for its cash and endowment pools.
The system approved an infrastructure commitment with a new manager alongside buyout and venture commitments with existing managers within its endowment this month.
The college is seeking a senior investment operations analyst to handle cash management and reconciliation, data management, financial reporting and portfolio analysis.
The internet’s most profitable business model has always been simple: running search ads on monetizable queries. When you search “how many protons are in a cesium atom,” Google makes no money. When you search “best tennis racket,” it prints cash.
This asymmetry defines the entire search economy–some queries are pure curiosity, and others have direct purchase intent. It’s part of why Google (where people often search for products) is a $2T company and Wikipedia (where people search for knowledge or fun facts) is a non-profit.
The noted author, consultant, and academic on the virtues of simplicity, the challenges facing active managers, and why he would stay away from investing in private capital.
The firm has hired a senior director to work closely with endowments, foundations and other institutions to introduce strategies aligned with long-term value creation and ESG principles.