The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.
The institution has issued an RFP seeking a firm to develop and implement an investment strategy for managing its portfolio.
The endowment has committed to aligning its $4 billion in assets under management with its mission and values and is developing a new impact framework to guide its investment decisions.
The trust has hired its next cio to oversee and manage its approximately $8.6 billion endowment as its investment head is set to retire in June after more than 21 years of service.
The university will consider approving an impact investment policy statement and investing 0% to 25% of its portfolio in impact investments as part of the policy this week.
The firm has appointed new portfolio managers for three of its closed-end municipal bond funds.
The firm has agreed to acquire an investment advisor focused on ultra-high-net-worth families with offices in California, Colorado and Texas to strengthen its position within the high-net-worth advisory space.
The new finance head will oversee finances, accounting, investments and operations at the end of the fourth quarter after its previous cfo left to join an energy company as assistant v.p. of finance.
The university approved a venture capital commitment with a firm founded in 2023 at its February board meeting.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.