The foundation is conducting an annual asset allocation review for its investment portfolio alongside an ESG and DEI scoring process with its new general investment consultant.
The fund approved a new strategic asset allocation to continue to move its assets toward an endowment style portfolio with private markets investment exposure.
The university is reviewing the investment policy and asset allocations for its short- and long-term pools as well as its foundation alongside its general investment consultant.
The university is creating a sizeable endowment to support scholarships for disadvantaged students that also includes a venture fund for student and alumni entrepreneurs.