The university selected an investment advisor to wrap up its search from the second quarter of 2024 seeking a firm to help establish and maintain an investment portfolio for its cash flow requirements.
The foundation swapped domestic large-cap equity firms within its long-term portfolio as its incumbent managers have underperformed.
The firm’s new managing director of institutional consulting services will bring a dynamic and strategic approach to client relationship management, business development and product innovation.
The global private investment firm recently invested $825 million in the insurance and asset manager to acquire a nearly 10% stake in the company.
The chief operating and financial officer will retire later this year after more than two decades of service, including helping the organization achieve values-alignment with more than 80% of its endowment.
The foundation approved appointing its chief administrative officer as its next ceo as its current head will retire on June 30 after more than three decades leading the organization.
The U.S. Senate voted to confirm Paul Atkins as chair of the Securities and Exchange Commission during its April 9 meeting.
The plan is seeking a firm to actively manage its portfolio as well as advise on market conditions, risks and opportunities.
The university is searching for a firm to provide services for a portfolio that seeks to allocate to investments with a maximum maturity of 5.5 years and a maximum aggregate duration of no more than three years.
The tribe conducted a similar search for investment management services for its permanent and donation funds in 2019.