The fund will review the asset allocation for its portfolio later this year, including changes to targets and the addition of new asset classes, as capital market assumptions have changed significantly since a review was last conducted in 2021.
The university is working on an agreement with a separate nonprofit formed last year to manage its endowment and is seeking a director of investments to help with the investment management function.
The university is searching for a cio and v.p. to oversee its investments after its investment head left the role last month.
The global manager has added a partner and co-head of climate to help lead its dedicated climate investing team, which was established earlier this year.
The university elected one new member to its board of fellows and six new members to its board of trustees, including two experienced investment professionals.
The foundation has issued an RFP seeking investment management services for its endowment and operating portfolios.
The university hired an investment operations analyst last quarter to help with all operational aspects of managing its endowment.
The foundation has awarded a new investment consultant to oversee and advise on its portfolio following a search launched in the first quarter due to the impending contract expiration of its incumbent consultant.
The trust fund has hired a new non-discretionary investment consultant following an RFP process that did not see its incumbent consultant submit a proposal.
The firm has appointed a new head of its asset management group to provide custom investment and advisory solutions for institutional clients as its current head is set to retire later this summer.