The university is seeking an investment manager to take primary accountability for its private investment portfolio, which makes up 40% of its long-term investment portfolio.
The university voted against a student-led proposal to divest its endowment from companies involved in the Israeli occupation of Palestinian territory.
The foundation hired an investment consultant to provide non-discretionary services for its portfolio over three other firms after conducting an RFQ and RFP process last year.
The firm is promoting a partner within its endowments and foundation practice to lead its investment strategy office, whose leader will leave at the end of the year to join a family office.
The firm has promoted a senior advisor to the fill-time role of president, while also appointing the founder of a financial and strategic advisory firm as a senior advisor.
The university has begun its search for its next investment head as its cio will step down from the role toward the end of the year to focus on his board of directors roles, teaching and philanthropic endeavors.
The university is seeking a director of investments to be involved in all stages of the investment process from sourcing, origination, due diligence and implementation of investment opportunities to subsequent monitoring and portfolio management.