The institution added a short-duration fixed-credit strategy and structured credit vehicle to its endowment last week as it looks to focus on risk mitigation given volatility in the equity and fixed-income markets.
The university has named its interim cio and senior investment officer as its new cio after its previous investment head left at the beginning of the year to lead a nearby family office.
RFI for non-discretionary investment advisory services will result in an RFP process this summer as the organization’s bylaws require a search for the services to be conducted every five years.
Kernaghan is senior director of investments at the Chicago Community Trust, leading its impact investments program of donor-advised funds. She took the time to answer 5 questions with FIN News.
New v.p. for finance and operations oversees foundation’s finance and accounting functions, fund management and investment support following a search from last year.