The Southern-based investment consultant has named an existing employee as its president to lead the firm, while serving as a voting member of its investment working group that directs its asset allocation and research work.
The university approved fully redeeming a large-cap equity fund and reinvesting the proceeds with its other actively managed global large-cap equity strategy.
The firm’s hire follows an RFP process initiated due to the impending contract expiration of the university’s incumbent provider.
The foundation is looking to hire a director of corporate investment operations to develop and implement its investment operations framework in partnership with its general investment consultant.
The fund approved a venture capital commitment with an existing manager this month as part of its pacing plan to commit $140 million per year to the asset class.
A global investment firm surpassed its fundraising goal for its sixth infrastructure fund targeting solar energy projects.
The university is looking to hire a managing director and head of public equities to help develop due diligence guidelines and investment criteria for recommendations of new managers.
The investment operations analyst will help monitor and reconcile portfolio activity.
The state trust fund approved a new asset allocation, increasing its fixed-income target at the expense of equities.
The hire follows a search from last year as the foundation’s investment head is set to retire on June 30 after nearly twenty years in the role.