The university has hired Georgetown University CIO Michael Barry as its next investment head following a search from last year.
Frank Mihail joined the North Dakota Department of Trust Lands as cio in January 2023, where he is responsible for overseeing a three-person team and the agency’s approximately $7.5 billion trust fund portfolio. Mihail, who is tasked with managing overall investment strategies and portfolio construction, directing analyses across asset classes in the implementation of multiple investment strategies and monitoring investment performance, money manager reviews and underlying risks, took the time to answer five questions plus one extra with FIN News.
The institution will conduct a search for a cio to oversee its more than $3 billion in assets as its current investment head will retire after more than 14 years of service.
The woman- and minority-owned office has appointed a partner for research and partner for investments and partnerships as part of the expansion of its investment team.
The programs are searching for a firm to provide consulting and advisory services related to plan design, allocations within multi-asset class options, selection and monitoring of investment managers and ongoing monitoring and reporting of investment performance.
A global alternatives investment group focused on private equity and other private capital strategies sold the majority of its stake in a global private equity manager, which consisted of the group’s entire management fee earnings and future performance related earnings.
The university committee, which advises on responsible investment decisions, decided not to refer a divestment proposal to rid the endowment from companies with ties to the State of Israel to a board of trustees subcommittee for consideration.
The university is seeking a director to focus on its healthcare investment activities and an investment analyst to help conduct due diligence on new and existing investment managers across public and private equity and credit.
The university named a new v.p. for business affairs, cfo and treasurer to serve as its principal financial adviser and oversee and manage its financial operations.
The discretionary investment advisor has hired a managing director for its client portfolio management team to direct the development, implementation and ongoing management of client-focused solutions.