The foundation rehired its incumbent investment advisor over three other finalists after reviewing 21 proposals to an RFP issued last year for standard due diligence purposes.
The university elected seven new members to its board of trustees, including four with investment experience, to oversee its endowment, approve its operating budget and set policies.
The fund has issued an RFP seeking an advisor to develop a diversified investment portfolio and perform due diligence on all investment managers on a regular basis.
The investment consultant saw an increase to both client assets with diverse firms as well as client strategies managed by diverse firms in 2023, according to its latest report.
The foundation will soon conduct a search for a president to oversee its operations and assets as its former head retired last month after nearly 24 years of service.
The firm has hired the former ceo of a government agency overseeing pensions as a senior advisor to help its team with relationships, resources and industry knowledge.
The firm has hired a managing director and head of sales and distribution to lead its sales and distribution efforts in the interval fund and closed-end fund marketplace.
The trust company hired a senior portfolio manager to develop investment strategies and research, analyze and evaluate securities and other investment information with a focus on venture capital and buyouts.
The fund is searching for an investment consultant for its two portfolios totaling more than $4 billion in assets as the contract of its incumbent consultant, which has provided the services for more than two decades, is set to expire at the end of the year.