The university added an analyst to help conduct research and analysis on financial markets as well as existing and prospective investment managers.
The college savings plan approved asset allocation changes to its actively managed and passively managed enrollment year investment portfolios at its board meeting last month in response to significant structural shifts seen in the market over a short period.
The firm recently expanded its leadership team with the appointments of two managing directors of institutional services.
The firm hired a v.p. within its alternatives consulting group to provide consulting and research across alternatives with a particular focus on private equity and private debt.
Former Mass General CIO John Barker has joined the Canadian asset management corporation as its investment head and will be tasked with diversifying its portfolio, which has been comprised of Mastercard Class A common stock since its founding in 2006.
The university added six alumni, including one with investment experience, to its board of trustees in recent months.
The co-founder of a small-cap growth specialist firm died last month due to complications from a previous illness.
2023 was supposed to be a down year for foundations and endowments with a potentially recessionary environment, however, equity and bond returns came out in the green, thanks in part to strong fourth quarters, leaving investors and allocators with a more optimistic outlook for their portfolios entering 2024.
The institution is searching for an analyst to assist with investment operations, performance reporting and cash/liquidity management responsibilities.
The university fully liquidated a hedge fund investment within its endowment in the fourth quarter and reinvested the proceeds in a money market fund.