The fund revised its target asset allocation at its board meeting last week, increasing its exposure to fixed-income and private debt at the expense of real estate and global tactical asset allocation.
The firm has named its next investment head as its current cio is set to retire at the end of the year after more than 16 years of service.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
The National Association of College and University Business Officers and Commonfund have launched their latest study on higher education endowments, which will be published next year.
The managing director left the foundation last month to help launch a wealth management firm, where they serve as cio.
The Northeast-based firm has launched a dedicated ESG consulting service line to support clients with implementing ESG frameworks, policies and procedures as well as conduct gap analysis.
The firm hired a senior v.p. to lead and build out its institutional outsourced cio practice.
The institution selected a firm to provide investment advisory and management services for its operating funds portfolio at the end of the second quarter after issuing an RFP earlier in the year.
The firm closed its private equity strategy, which focuses on control investments in franchisor and multi-unit companies, with almost $600 million in total commitments, surpassing its $475 million target.
The foundation is seeking a firm to oversee and administer its investment portfolio as well as develop and maintain its investment policy.