The firm has selected its next ceo and co-presidents as part of its succession strategy.
The institution appointed a managing director at an investment advisory firm to its board of trustees, which helps oversee its endowment.
The institution retained its investment consultant to oversee its endowment funds following a search due to the incumbent’s contract expiration.
The university revised the asset allocation for its endowment last year, increasing its allocation to private market investments at the expense of marketable alternatives.
The firm appointed a regional director of its Cleveland office to lead its team of planning, fiduciary and investment professionals.
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.