The corporation has named its next ceo and cio as its current head is set to retire at the end of the year after a decade of service.
The foundation has hired its first director of investments, responsible for asset allocation and manager selection across public and private markets as well as building out its impact investment capabilities.
The foundation has added two investment professionals who are alumnus to its board of directors to manage fiduciary responsibilities, business affairs and its assets.
The university is searching for an investment analyst or investment associate to serve as a generalist and help manage its nearly $1 billion endowment.
The university’s special committee on investment responsibility has decided to take no action on a student-led proposal to divest its endowment from companies supporting the Israel Defense Forces.
The firm has entered a strategic partnership with a lower middle market private equity firm after making an anchor investment in the firm’s flagship strategy.
The health system anticipates its new general investment consultant, which was hired in the first quarter, will recommend adding new passive investment managers and potentially private investment strategies to its portfolio next year.
The firm has launched a new team focused on private markets to invest in middle market private infrastructure companies in the energy generation and storage, transport and mobility and circular economy sectors in emerging Asia excluding China.
The foundation liquidated a core-plus fixed-income mandate and replaced two emerging markets equity managers in the third quarter.
The firm has hired for the newly created role of director of institutional operations to oversee its operational processing, including institutional reporting and account administration, for its endowment and foundation clients.