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The company promoted its deputy cio to the role of investment head as its ceo and cio concentrates on leading the organization.
The firm hired a senior v.p. and consultant advisor for U.S. institutional services to work with relationship management teams and serve as a liaison with clients and consultants with a focus on the firm’s alternative investment capabilities.
Innovation portfolio will house investments in emerging asset types that are innovative and/or disruptive and have no clear categorization.
The university is planning to conduct a strategic asset allocation study later this year after it terminated a global bond mandate and reallocated the funds to short-term bond and growth equity funds this month.
Institution’s newly approved endowment asset allocation increases its target to private equity at the expense of hedge funds.
The foundation hired a new finance head to oversee investment management, finances and accounting after its v.p. of finance left earlier this year for another opportunity.
The plan rehired its program manager and investment manager following a search from the first quarter due to the firms’ contract expirations.
The deputy director will leave the plan after 11 years.
Plan has to reissued an RFP for private markets consulting and back-office services in anticipation of a September contract expiration with its incumbent.
The new director currently serves as executive v.p. and general manager of global and U.S. large enterprises, global commercial services at American Express.
