A foundation based in New York is looking to add an investment director to its team overseeing an approximately $2.1 billion portfolio following a recent departure.
A trust fund based in a Western state has approved the addition of a private equity fund-of-one, a real estate strategy and a custom, multi-asset alternative mandate to its portfolio.
A university based in a Southern state approved commitments to a private equity buyout fund and a venture capital fund, with plans to add more later this year.
The university selected a discretionary advisor to select managers, handle executive asset allocation decisions, develop investment strategies and manage the investment processes after issuing an RFP for the services last year.