The fund revised the investment policy statement and asset allocation for its portfolio in the second quarter, consolidating its private real estate and private real assets allocations.
The university hired an investment associate in the second quarter to assist in due diligence of prospective fund investments and monitor existing investments.
The fund is seeking a senior investment analyst to perform investment and operational due diligence on prospective and existing equity-oriented investments.
The fund may consider revising its investment policy statement and asset allocation following discussions with its general investment consultant at its August board meeting.
The firm hired a senior v.p. and investment consultant focused on nonprofit organizations as part of its client solutions team.
The college has hired a new v.p. for finance and cfo to lead all aspects of its financial operations, including budgeting, accounting and investment practices, from a nearby university.
The foundation will conduct a search for its next president as its current head will leave at the end of the year to pursue a new opportunity.
The Northeast-based firm completed the final closing of its first real estate hospitality fund with more than $275 million in equity commitments.
The university has elected four new members to its board of trustees, including one investment professional, and named a new board chair effective July 1.
The university added seven new members to its board of trustees, including one former investment professional and an operating advisor for a private equity firm.