The cio will serve on the investment committee alongside three other members tasked with ensuring the ethical nature of the Holy See’s equity investments.
The senior director of investments left to join Mercer as its U.S. not-for-profit cio to lead strategic asset allocation, dynamic asset allocation and portfolio construction for clients.
The college is looking for a firm to assist with the potential refunding of general obligation bonds, assist in management of the financing process and closing the financing, among other responsibilities.
The fund will further discuss a potential oil hedging program at a future meeting after receiving an education on the intricacies of oil hedging from an investment manager at this week’s board meeting.
The college is searching for a director of investments as its current director is set to leave this month to join a Midwestern foundation with a focus on private investments.
The university selected a new investment to handle its pension plan last week following the issuance of an RFP in the first quarter for standard due diligence purposes.