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.
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.
The hospital system is seeking an investment advisor to assist in formulating objectives and drafting written policies for selecting investment options, while serving as a co-fiduciary for its defined contribution plan.