The managing director left the trust in the second quarter to join an East coast-based investment adviser focused on U.S. credit as a managing partner.
Nikki Kraus is tasked with overseeing the Arlington, Va.-based outsourced cio’s client development, operations, finance and human resource functions, while interfacing with clients to ensure the firm is delivering tailored approaches to meet their needs. She took the time to answer five questions, plus a few extra, with FIN News.
The college hired a new v.p. for finance and administration in the second quarter to oversee its finances, management of its endowment and risk management, among other areas.
The firm hired a director of charitable giving solutions within its nonprofit practice to oversee its national strategy and implement donor advised fund and private foundation administration solutions.
The university has added five new members to its board of trustees, including one private equity investor, to oversee and align its strategic direction, educational policy, finances and operations with its mission.
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.