The nonprofit has hired the executive director and cio of a nearby public defined benefit plan as deputy cio and they will succeed the nonprofit’s cio following their planned retirement in summer 2024.
The fund approved a search for domestic large-cap growth index managers at its board meeting last week to review pricing and see what others firms could provide the services as it has been utilizing the same manager since 2006.
The foundation’s investment head retired this year after more than nine years of service and the role has been filled.
The program is looking to incorporate ESG and DEI language into its investment policy statement in the third quarter to improve representation of underrepresented communities in fund management and the underlying funds within its portfolio.
The foundation recently hired its next cio to oversee its investment, cash management and debt management functions.
The tool enables institutional investors to extract value from sustainable investment data supplied by providers through technology-enabled normalization, management, calculation and screening capabilities.
The university’s board of trustees recently reelected its board of trustees chair, a managing partner at a nearby private equity firm, and its vice chair, a managing director of a commercial real estate brokerage firm.
The fund is searching for firms to provide low duration/short-term fixed-income exposure for a $104 million allocation and is slated to conduct a search later this summer for a manager to handle a new approximately $200 million core bond portfolio.
The system is searching for a director of investments to assist in the management and monitoring of its investment and banking activities.
The foundation has issued an RFP seeking a firm to provide investment, participant, provider/vendor and fiduciary status and compliance services for its retirement plans after conducting a search for an investment provider in the first quarter.