The retirement plan has named a new ceo to oversee its investment pool following the retirement of its previous head.
The Denver-based wealth management firm has acquired another advisory firm based in San Diego and a wealth manager based in Texas.
The university has increased its targets to private equity and real assets at the expense of global equity and marketable alternatives to improve its portfolio’s return and risk profile.
The firm has acquired a Maine-based investment advisor, which works with individuals, family offices and institutional investors, as part of its continued expansion in the state.
The office is searching for a program manager due to the impending contract expiration of its incumbent provider, which is allowed to rebid.
The university approved five new commitments totaling $81 million to private equity, venture capital, private credit and hedge fund strategies within its endowment.
The flexibility and environmental impacts of a portfolio targeting net-zero greenhouse gas emissions enhances the ability of endowments to support climate change solutions without sacrificing returns, according to endowments and their investment consultants.
A university based on the West Coast has completed divesting its endowment from fossil fuels after five years.
The college is growing its endowment to more than $1.5 billion after estate commitments and a matching gift from an anonymous donor.
The university has hired a new v.p. and cfo from a nearby institution following a search from the first quarter as its previous finance head left for another West coast university.