The university announced it will no longer be investing in separately managed accounts as it plans to divest from four U.S. defense companies that have contracts with the Israeli military.
The fund’s previous deputy cio departed last year to join a retirement system.
The global venture capital firm has opened its first European office and appointed a partner.
Eric Jaffe was appointed ceo of BCA Research in November 2023, where he is responsible for leading the Montreal-based global investment research provider and guiding the firm through its next phase of growth.
The association has issued an RFP seeking investment advisors for a newly established permanent endowment fund with an initial investment of $500,000 to $1 million.
The institution will continue pursuing private equity, venture capital, real estate and certain kinds of hedge funds after revising its asset allocation in the last six months.
The House Ways and Means Committee approved legislation to amend the current 1.4% excise tax on the net investment income of a higher education institution with a tiered system with a max excise tax equal to the corporate tax rate of 21%.
The university considered a private equity buyout commitment and increasing its investments with two existing global public equity funds by $30 million at this week’s meeting.
The firm has promoted two leaders focused on public markets in its investment managers business.
The firm has closed its first multi-asset continuation vehicle and secondary fund after receiving commitments from a group of new and existing limited partners led by Coller Capital.