The university is searching for a director of investments to help replace its deputy cio, who left this summer to join another university as its investment head to help launch an in-house investment office.
The university will consider taking a more discretionary role in the management of its non-endowed portfolios.
The new trustees, which are responsible for general oversight and management of the institution, including protection and enhancement of assets, include two investment professionals.
The cio is stepping down from the role to pursue another opportunity in the area.
The nonprofit hired new and existing fixed-income managers to help manage four of its investment pools after issuing an RFQ last year due to the contract expirations of its incumbent providers.
The college savings program renewed the contracts of its two general investment consultants for a five-year term last month.
The foundation has transitioned its endowment to mission-related investments that promote environmental sustainability.
The foundation has hired a recently departed university cio as its new managing director of investments as its investment head it set to retire at the end of the year.
The university approved private credit, real estate and private equity buyout commitments with new managers in the second quarter.
The plan extended the contract of its incumbent banking and investment services provider through 2023, which represents the final contract extension available.